Japan-focused hedge funds drop 3.7%, biggest daily loss in Goldman Sachs’ records By Reuters
By Nell Mackenzie LONDON (Reuters) – Japan-focused hedge funds face the steepest daily performance losses on Goldman Sachs’ records, the bank said in a note on Monday, following a global stock rout sparked by a soft U.S. jobs report and last week’s Bank of Japan rate hike. Monday’s 12% slide in Japanese stocks led to
