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BANK of AMERICA CORP (BAC) 16.09 green arrow $0.01 (0.06%) 02:38AM (15 mins delay)


Bank of America and Merrill Lynch: Hedge Fund Winning Streak Comes to an End

Nov 06, 2009 - 9:12 AM EST

FINalternatives submits:

Hedge funds had been on a roll. But that sweet run ended last week when hedge funds fell by 1.43%, erasing any gains for the month of October.

According to analysts at Merrill Lynch, those losses were led by equity long/short hedge funds (-3.0%), macro hedge funds (-1.7%), and commodity trading advisers (-1.3%).


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Source: Seeking Alpha (Nov 06, 2009 - 9:12 AM EST)



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