Why hedge fund investing could raise instos' risks

The mini selloff of US stocks on June 12 revealed to investors and fund managers that the worst of the global pandemic is not yet over. A recent spike in coronavirus cases in the country has revived fears over whether the current lifting of lockdown measures is premature. During turbulent times like this, market fundamentals become irrelevant. That is causing some hedge funds to struggle to stand out. Long-only fund managers argue asset owners should be cautious, as too much hedge…