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Wall Street Casino Is Open for Business as Meme Stocks Take Over

Wall Street Casino Is Open for Business as Meme Stocks Take Over
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Multi-Strategy Hedge Fund Launches Tumble in First Quarter, Says Preqin

Multi-Strategy Hedge Fund Launches Tumble in First Quarter, Says Preqin
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strategy hedge fund launches tumble in first quarter, says Preqin

Multi-strategy hedge fund launches tumble in first quarter, says Preqin

New multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, according to data provider Preqin, a sign that investors witnessing higher market volatility might be seeking less risky prospects. Launches for this kind of hedge fund, housing different kinds of trading strategies, have fallen to their lowest in around a year since Preqin started collecting this data. "The current economic climate and market volatility might be prompting investors to favor more specialized or less complex investment strategies," said Bruno Schneller, managing director at Erlen Capital Management, which invests in hedge funds.

Multi-strategy hedge fund launches tumble in first quarter, says Preqin

New multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, according to data provider Preqin,.

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