October brought solid gains for major hedge funds, buoyed by a US-China trade deal and strong corporate earnings. Market volatility spiked briefly amid tariff concerns but eased quickly, helping the S&P 500 climb 2.3% for the month and over 16% year-to-date.
Contents
Hedge Funds Post Strong Trade for October
Top performers included Balyasny (2.4% in October, 12.5% YTD), ExodusPoint (1.7%, 14.2%), and Boothbay (2.2%, 15.4%). Millennium posted 1.5% for the month, bringing its 2025 total to 7.6%. Citco reports that 2025 is shaping up to be the best year for hedge funds since 2020, with multi-strategy firms leading the charge in a $5 trillion industry.
Read the original article on Business InsiderFollow us on:
Read More News at #latestmalaysia #BusinessNews and #WorldFuture
