2015 Was Worse Than 2008 For Hedge Funds
2015 was worse than 2008 for hedge funds in crowded stocks, according to the March 15 issue of the Bloomberg Brief Hedge Fund edition.
It’s been widely reported that many of the industry’s largest hedge funds are highly concentrated in a few key stocks, but how badly these funds have been doing may surprise you.
Hedge funds: Caught by surprise
A lot of hedge funds were heavily invested at the end of last year, and when the market started to collapse in January, a lot of hedge funds were caught by surprise.
According to Bank of America,...

