Kingdon Edges Down

Aug 7 2012 | 1:12am ET

Kingdon Capital Management did not join in the hedge fund or broader market rallies in July.

The $2.5 billion New York-based firm’s flagship long/short equity fund shed 0.71% last month, Dow Jones Newswires reports. The $2.2 billion fund is up 5.65% on the year.

The fund lost 18% last year.


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