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GS Prime Brokerage: 2024 Hedge Fund Alpha Outperforming Previous Presidential Election Cycles

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Predrag Shipov
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Cumulative Net Flow as percentage of US Gross MV
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According to Goldman Sachs Prime Brokerage analysis, S&P 500 rallied in the long term which is an expectation during elections. Regularly, the index struggled during the election mostly due to volatility. The volatility index was higher during the last election process in 2020.

SPX performance vs VIX level

When...

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