The article reports on the performance of several large multistrategy hedge funds during a period of global stock market upheaval triggered by President Donald Trump's tariffs. Schonfeld Strategic Advisors showed resilience, with its Strategic Partners and Fundamental Equity funds gaining 0.21% and 1.1%, respectively.
The reported figures represent returns up to Friday of the week in question. Representatives from the mentioned firms declined to comment on these results.
Schonfeld Strategic Advisors delivered modest gains amid the global stock-market upheaval unleashed by President Donald Trump’s tariff barrage while other large multistrategy hedge funds avoided the worst of the chaos.
Schonfeld Strategic Partners and Fundamental Equity funds climbed 0.21% and 1.1% respectively last week, people familiar with the returns said. Ken Griffin’s Citadel was down 0.35% in April through Friday, separate people said, while Izzy Englander’s Millennium Management was down 0.7% and Balyasny Asset Management was little changed. Representatives for the firms declined to comment.
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