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Hedge Funds Beat Market After Boosting Short Sales During Rout - Bloomberg

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During the recent stock-market selloff, one category of investors thrived -- hedge funds that make both bullish and bearish wagers on equities.

While the MSCI World Index is on course for its worst monthly drop in almost a year, long-short hedge funds have outperformed. Funds that pick stocks based on business fundamentals were down 1% through Monday, while those placing bets using computer models gained 3%, according to data compiled by Goldman Sachs Group Inc.’s prime broker. Over the span, the benchmark slipped 3%. 

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"Short" - Google News
September 22, 2021 at 10:11PM
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Hedge Funds Beat Market After Boosting Short Sales During Rout - Bloomberg
"Short" - Google News
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