Macro Finance
Hedge Funds Suffer Widest Daily Drawdown Since Covid
Bloomberg Markets·October 23, 2026·1 min read
Global hedge funds suffered one of their broadest daily declines since the Covid pandemic on Thursday, following a stock market selloff, according to Goldman Sachs Group Inc.'s prime brokerage desk. The drawdown hit a wide range of strategies, as reported by Nishant Kumar on Bloomberg Television.
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