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In the week ending January 7th 2022, the hedge fund community dumped tech stocks in the four sessions between Dec. 30 and Tuesday as interest rates spiked. The four-session tech unloading marked the biggest sale in dollar terms in more than 10 years, reaching a record since Goldman Sachs' prime brokerage started tracking the data.

Donald A. Steinbrugge, CFA, Founder and CEO of Agecroft Partners, LLC, has published the firm's 13th annual predictions for the biggest trends in the hedge fund industry for 2022. These predictions are based on insights from more than 2,000 institutional investors globally and hundreds of hedge fund organizations. The hedge fund industry is dynamic and Steinbrugge believes 2022 will be the most transformative in its history. Managers and investors can benefit from anticipating and preparing for the changes that are likely to occur. Those who effectively evolve with the industry improve their chances of success, while firms who remain stagnant, do so at their own peril.

In performance news, Chessica LP, a market-neutral hedge fund, may have changed hands a few times but it is still thriving with annualised returns of 11.8% since its early-2010 inception; Crispin Odey's fund finally ended the year with a gain of almost 54% after wild ride; Ken Griffin's Citadel bested its mega-multistrategy peers, posting a 26% return for 2021, and Citadel posted gains of 26.3% in its flagship fund in 2021, besting rivals.

Meanwhile, Senvest Management - which famously made "one of the great fortunes of the January market mania," as the Wall Street Journal described it, by being long GameStop ahead of the frenzy - generated full-year returns of 85 percent; Steve Cohen's Point72 and......................

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