Monday, 24 October 2016
Last updated 2 min ago
Sep 17 2013 | 2:01pm ET
Fortress Investment Group's flagship hedge fund suffered its second-straight losing month in August, cutting its year-to-date gain to under 9%.
The Fortress Macro Fund shed 1.33% last month. The fund is up 8.75% on the year, ValueWalk reports.
Fortress' Asia Macro Fund also lost ground in August, falling 0.6% to cut its year-to-date return to 10.9%.