Hedge fund performance declined last month, but continued to outperform broader stock markets.
According to the Hennessee Hedge Fund Index, which is compiled monthly by Hennessee Group. hedge fund performance fell 0.55% in August, as the Dow Jones Industrial Average declined 4.3%, its worst August since 2001; the Standard & Poor's 500 fell 4.7%; and the Nasdaq Composite dropped 6.2%.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access