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Wall Street Casino Is Open for Business as Meme Stocks Take Over bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Multi-Strategy Hedge Fund Launches Tumble in First Quarter, Says Preqin usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
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. ....
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,. ....