Reported 12 months ago
U.S.-based hedge fund Cinctive Capital Management recorded an 11% increase in the first half of the year, driven by strong performances in equities, particularly in artificial intelligence sectors like energy, technology, and utilities. With around $3 billion in assets under management, Cinctive also saw success in financials, healthcare, and biotech, outperforming major multi-strategy hedge funds like Citadel and Millennium. Carolina Mandl reported from New York.
Source: YAHOO