Goldman Sachs: Hedge Funds Worst Month vs. S&P 500 in 20 Years

Goldman Sachs: hedge funds worst month vs. S&P 500 in 20 years

Goldman strategists said July marked one of the sharpest hedge fund de-grossing episodes of the past decade

Goldman Sachs Says Hedge Funds Had Their Worst Underperformed Against The S&P 500 In More Than 20 Years

The bank called it "one of the sharpest hedge fund de-grossing episodes of the past decade."

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data.

Goldman: hedge funds suffered worst underperformance vs S&P 500 in July in over 20 years

Goldman: hedge funds suffered worst underperformance vs S&P 500 in July in over 20 years Click this link for the original source of this article. Author: CNBC This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by...

Hedge funds suffer historic July setback as AI trade unravels

Hedge funds endured their sharpest monthly underperformance against the S&P 500 in more than two decades in July, as a reversal in AI stocks forced managers to cut positions and reduce exposure to some of the market’s most crowded trades, according to a report by CNBC citing data from Goldman Sachs. The bank said its basket of the stocks most widely held by hedge funds suffered its worst one-month performance relative to the S&P 500 in more than…

CNBC: Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in 20+ years of data

CNBC reports: Hedge funds struggled to a historic extent as AI momentum unwound in July, according to Goldman Sachs. “Our Hedge Fund VIP list of the most popular long positions suffered its worst 1-month underperformance vs. the S&P 500 in more than 20 years of history, and July marked one of the sharpest hedge fund de-grossing episodes of the past decade,” Goldman strategists led by Ben Snider said. “Funds trimmed positions in ... The post CNBC…