Fortress Falls In August

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%.


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