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Is the Cadillac of Hedge Funds Being Taken To The Chop Shop?

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Rumors are swirling-- swirling-- that Goldman Sachs's flagship hedge fund, Global Alpha, is being liquidated. The news has apparently put pressure on shares in EADS (-2%), which is a constituent of the fund, as well as Germany's Continental (-2.2%) and Italy's Fiat (-3%), which are investments of the fund. Global Alpha recorded a 7.7% loss in the last week of July, bringing its performance for the year to -12.1% before fees.