08.01.2013 Fiscal cliff aversion creates final 2012 performance boost for hedge funds
Beverly Chandler, Opalesque London: Commenting on the December 2012 performance of hedge funds, Hedge Fund Research found that the last minute recovery in US equity markets, literally on the final trading day of 2012, in anticipation of legislation to avert the US fiscal cliff, created gains which offset losses from earlier in December and pushed most US equity indices into positive territory for
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