Balyasny leads the way for multistrategy managers in a roller-coaster November. Here's how firms like Citadel, Millennium, and more performed.
Briefly

Despite the volatility surrounding Donald Trump's electoral victory, leading hedge funds like Balyasny and Citadel managed to post strong returns, showcasing their resilience.
Balyasny led with a 3.9% gain in November, bringing their 2024 returns to 11.6%, highlighting the firm's superior performance amidst a fluctuating market.
Multistrategy managers like Schonfeld and Citadel also performed well, each gaining 1.8% in November while achieving yearly returns of 17.2% and 13.2%, respectively.
The steady performance of multistrategy managers was proven amidst the choppy markets, contrasting sharply with the high volatility returns from macro managers.
Read at Business Insider
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