Ray Dalio, Adam Levinson, hedge funds posted record losses in March - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ray Dalio, Adam Levinson, and other hedge fund bosses posted record losses in an 'epically turbulent' March

Hedge fund managers including Ray Dalio and Adam Levinson suffered record losses in March as the novel coronavirus hammered their portfolios.Bloomberg estimated based on preliminary dataDalio's Bridgewater Associates lost 16% in its flagship fund, Levinson's Graticule Asset Management recorded a 9% drop in its macro fund, and Michael Hintze's CQS Directional Opportunities Fund fell by a third, Bloomberg said.

. Equity hedge funds delivered their second-worst performance in at least three decades, Bloomberg reported, citing Hedge Fund Research data. Bloomberg, relying on a mix of reporting and client letters, highlighted several funds' performances in March:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fooled By Randomness

Hedge funds made last economic worldwide crises, so if not on them, I put the blame on globalistic scumbags who already for example, ruined my country. And many countries worldwide. But I am not communist so I put my hand first as ever, greetings from Serbia!

We shall see. It is just stupid or mean thing to say only after such short period this is something so very bad. If it's well built, this is just temporary crisis. Same thing about that same epidemiologist who blamed Trump just month ago saying this is not alarming virus. Virus.

This is, in my opinion, false alarm. Even after three months we do not have the right, same balanced opinion I put on WHO that this is not plague how it is false informed almost, to say that any economy suffered. Fake news in a way, as always. In a word was that economy healthy?

Now show him his twt about how to get rich and get wealth..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Emergency funding for small businesses affected by the coronavirus - Business InsiderNow that the $349 billion in federal PPP loans for small businesses has run out, founders will have to turn to new sources of cash and financing. You forgot to mention the D’s blocked it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chase Q1 earnings reflect crisis preparation - Business Insider - Business InsiderChase's Q1 income was largely affected by an increase in credit costs as it builds up its reserve in preparation for the effects of the coronavirus PM Modi SAID I respectfully bow to the people of India... coronavirus Covid_19 lockdown Modi
Source: BusinessInsider - 🏆 729. / 51 Read more »

Netflix's US sign-up website saw a huge lift in visitors in March 2020 - Business InsiderDuring the weeks ending March 22 and March 29, visitors to Netflix's US sign-up page climbed 123% compared with the same weeks a year earlier. Newsworthy? Exclusive site tracking data? Next time just ask the average Joe, he could've told you Netflix would soar. Are you guys under new management or something? What happened to you?
Source: BusinessInsider - 🏆 729. / 51 Read more »