Hedge Funds Off To Rocky September Start As Alpha Still Tough To Find: Morgan Stanley PB

With the S&P 500 up close to 10% year to date, hedge fund managers are having a difficult time finding alpha, a report from Morgan Stanley points out. Hedge funds in the Americas lagged general stock market benchmarks on a yearly basis, up just 3.16% basis the end of August. US fund managers were slightly positive in August whole Asian and European fund managers were negative — and September is not off to a positive start for many funds.   Q2 hedge fund letters, conference, scoops etc In August, hedge funds in the Americas were positive, up 0.81%, while Asian…