Major equity markets fell by between 10% and 15% during the correction that began in the second half of May and continued until mid June. As the performance of most hedge funds also deteriorated during this time, many financial commentators have questioned the non-correlation characteristics of hedge funds.
We believe that it is normal for the correlation between hedge funds and equity markets to rise after a prolonged period of stable and positive market development.
However, we can only conc
The week on Risk.net, May 12-18, 2018Receive this by email