|
|
In the week ending April 3rd 2020, multi-strategy hedge funds - those that bet on a broad array of markets using teams of traders, leverage and centralized risk management - have flourished as stocks ended their worst three months since the 2008 financial crisis, said a Reuters report.
Long volatility and tail risk strategies outshined their peers as equities and oil slumped in February; Lyxor maintained an overweight stance on Merger Arbitrage strategies despite volatility increases, and CTAs' positively skewed performance helps reduce tail risk in a diversified hedge fund portfolio
Further in performance news, Valiant Capital Management led by Chris Hansen has gained 36% year-to-date through the end of March, before fees; Connacht Asset Management, the hedge fund firm run by former Goldman Sachs Group Inc. partner Sean Gallagher, gained almost 25% in its first two months of operation; Bill Ackman's Pershing Square Capital Management gained 11.1% in March after making a $2.5 billion "recovery bet" on the U.S. economy, while BlackRock's oldest hedge fund, it...................... To view our full article Click here
|
|