Multistrats Hold Steady in Turbulent Times

July 08, 2016   Stephen Taub


The flagship funds managed by Citadel, Millennium and others posted either small losses or gains in June, a month when markets rocked by Brexit caused trouble for some other strategies.

Multistrategy funds seemed to emerge from the turmoil and market volatility immediately following the late-June Brexit vote mostly unscathed. Many of the best-known multistrategy funds posted either very small gains or losses for the entire month of June. "We were …

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