Reported 2 days ago
In February, leading hedge funds like Millennium Management and Citadel reported poor performance due to market fluctuations that impacted key trades and popular stocks. This resulted in significant losses, particularly among multistrategy firms with an equity market-neutral approach. Economic factors, including inflation and trade tariff threats from the Trump Administration, added to the uncertainty, causing notable dips in various funds. Meanwhile, European and Asian markets performed better, highlighting the challenges faced by U.S. hedge funds during this tumultuous period.
Source: YAHOO