This year has been a rough year for stock pickers. The S&P 500 stock index is down 16% so far this year, putting it on track for its worst year since 2008.
While these numbers might not seem that bad on the face of it, the dispersion of returns between the best and worst performing equities is extremely wide. Some of the market’s hottest stocks of 2020 and 2021 have registered 50%+ declines year-to-date.
Q2 2022 hedge fund letters, conferences and more
Equity funds see growing losses
According to investment data provider Preqin, globally, funds that buy and sell stocks have seen their cumulative...
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