June 24, 2017

Gold Helps Hedge Funds During August Turmoil In Equities

Gold helps hedge funds during global turmoil in equities

Bloomberg reports that record gold prices propped up hedge funds during August’s rout in global equities. Hedge funds run by Orix Investment Corp., Superfund and Four Elements Capital Management Pte benefited from the surge in gold last month, weathering the U.S. sovereign downgrade and Europe‚Äôs deepening debt crisis. The Orix Commodities Fund, which uses computer […]