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Reuters

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Business & Economics

Equity long/short hedge funds wipe out year gains in market rout

Reuters
Summary
Nutrition label

77% Informative

Global equity long/short hedge funds erased their gains for the year on Thursday .

The funds showed a 1.7% fall on the day , Goldman Sachs said.

The day 's losses by the hedge funds is the second sharp bump for those funds in a month .

Hedge funds had already been turning bearish, with their pessimism hitting a 5-year high this month .

VR Score

89

Informative language

96

Neutral language

56

Article tone

formal

Language

English

Language complexity

29

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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