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January 09, 2019  

Survey: Hedge Funds Failed Turmoil Test

Most hedge funds didn’t do enough to protect investors from the stock market’s hard fall in the fourth quarter, leaving the industry vulnerable to continued outflows in the new year.That was the clear consensus among 144 industry professionals who took part in Hedge Fund Alert’s annual outlook survey. By a margin of more than 2-1, survey respondents said the carnage that sent the S&P 500 Index plummeting 13.5% in the final three...

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