Some of the most popular hedge funds have plummetted in value by -26.4% YTD, according to a report from CNBC.
Some of the most popular hedge funds have plummetted in value by -26.4% YTD, according to a report from CNBC.
Big tech has taken a back seat, with Microsoft, Amazon, Alphabet Class A, Apple and Meta Platforms no longer in the top spots.
The top holdings are now Cheniere Energy, PG&E Corp, UNITEDHEALTH, COHERENT, BERKSHIRE HATHAWAY A.
Recent market volatility has contributed to some steep market declines in equities-orientated firms, including Melvin Capital and Tiger Global.
However, overall hedge funds are performing better than the broader market on average.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
