Oct
26
No Shorts in India Leaves Hedge Funds at Stock Market’s Mercy
By-
Hedge funds stymied by fewer options to short-sell stocks
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Hedge funds hurt amid 0.5 percent decline in Sensex this year
In 2014, hedge funds focused on India were a shining symbol of the bull market sparked by Narendra Modi’s rise to power. This year, they serve as a reminder of the limitations of investing in Asia’s third-largest economy.
After beating peers in all other markets last year with a 39 percent advance, India hedge funds posted the third-lowest returns in the Asia-Pacific region in the first nine months of 2015, rising just 2.9 percent, Eurekahedge Pte. estimates…
No Shorts in India Leaves Hedge Funds at Stock Market’s Mercy