Reported 4 days ago
In 2024, multistrategy hedge funds experienced significant growth, with many achieving double-digit returns amid a positive year for the hedge fund sector. Notably, Millennium Management and Citadel both posted impressive returns of 15% and 15.1%, respectively, while D.E. Shaw's flagship fund rose by 18%. Smaller funds also thrived, driven by favorable economic conditions and trading activities linked to political events.
Source: YAHOO