Hedge Fund Returns in September

September was a tough month for hedge fund across the board. Even well-known fund managers lost big. The average hedge fund lost 3.7 percent in September, approximately 10% higher than August’s average loss of 3.4 percent. This performance means the third quarter of 2011 is being called the worst in three years, when the global economy first entered crises. The average hedge fund is now down 5.2% this year, slightly outperforming the market, which has fallen just over 7% in the same period. Here is a sampling of hedge fund losses. The information was pulled from MoneyNews and Barrons:

Bill Ackman PERSHING SQUARE

Pershing SquareBill Ackman: Lost 5.70% in September, -16% YTD

Maverick Capital Lee Ainslie: Lost 8% in September, -17% YTD

Omega AdvisorsLeon Cooperman: Lost 7.60% in September, -12.3% YTD

JAT Capital ManagementJohn Thaler: Lost 3.20% in September, +31% YTD

SAC Capital AdvisorsSteve Cohen: Lost 1.50% in September, +6.5% YTD

Tudor Investment CorpPaul Tudor Jones: Rose 4.9% in September, +5.45% YTD

Moore Global InvestmentsLouis Bacon: Rose 2.6% in September, -1.64% YTD

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!