Icahn hedge-fund protégé says these have been the 2 biggest ‘pain trades’ lately

“By comparison, the Eurekahedge Hedge Fund Index, an equal weighted index of some 2,460 hedge funds, is up 6.1% thus far in the year” writes Mark Decambre for Value’s recent resurgence has helped it to notch a 23.4% year-to-date return, compared with a 22% return for growth this year.At the end of the day, investors want to own companies that have real growth whether gross domestic product, or GDP, is 0% or 3%, Meister said.

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