24.08.2026 Opalesque Roundup: Worst relative month in twenty years - and allocators bought anyway: hedge fund news
A week in which the industry's July reckoning finally showed up in the data, and the numbers were stranger than the headlines. Hedge funds recorded their sharpest underperformance against the S&P 500 in more than two decades of Goldman Sachs records, quants suffered their worst single session in two years, and yet allocators kept writing cheques at a pace not seen in a year. Meanwhile the tax
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