On March 8th, Millennium Management、 Top hedge funds such as Castle Investment had mediocre returns in February, as market turbulence reversed the momentum of several key trades and dealt a heavy blow to the trend of popular stocks. Multi strategy funds with a neutral preference for the stock market have been hit the hardest. The decline in performance is caused by overcrowding in a small portion of stock trading, especially in healthcare and technology stocks. According to a source familiar with the matter, Jain Global’s return rate was -1%, Millennium fell 1.3%, and Castle Investment fell 1.7%.
Scan code to share