Hedge funds have been holding their own amid the severe market swings of the past week, with the Dow Jones Credit Suisse Core Hedge Fund Index declining only -3.66% month-to-date through Aug. 14. By comparison, the Dow Jones Industrial Average fell -11.58% in that time, and the S&P 500 declined -13.18%.

Year-to-date, the Core Hedge Fund Index is down -4.54%, compared to the Dow’s -5.96% decline and the S&P 500’s -9.83% fall.

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