As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 20 min ago
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.