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Market Impact: 0.35
Hedge Funds Log Widest Daily Drawdown Since Covid in Stock Rout
Source: Bloomberg
Market Technicals & FlowsInvestor Sentiment & Positioning
Global hedge funds suffered one of their broadest declines since the Covid pandemic after Thursday’s stock market selloff, according to Goldman Sachs’s prime brokerage desk. The article provides no loss magnitude or fund-level figures.
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