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Currency hedge funds’ miserable year extends in October

Posted on 30 November 2011

Hedge funds are continuing to get hammered on currency trading as a tumultuous 2011 winds down, according to a widely followed performance index.
Currency-focused hedge funds dropped 1.33% in October, according to Parker Global Strategies, which invests in such funds, bringing losses over the last 12 months to over 3%. The funds lagged the nearly 6% gain in the Standard & Poor’s 500-stock index over the same period………………………………………..Full Article: Source

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