Hedge Funds Hammered In Sept., Down More Than 4%

Oct 6 2011 | 1:26pm ET

If August was a bad month for hedge funds—and it was, the worst in almost three years by some measures—September was a disaster, according to one widely-followed industry benchmark.

The Dow Jones Credit Suisse Core Hedge Fund Index dropped 4.23% last month. The index, already nursing a 2.88% loss from August's market volatility, is now down 7.84% on the year.


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