Schonfeld Gained and Citadel Dodged Pain in Last Week’s Turmoil - Bloomberg


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Hedge Fund Performance Amid Market Turmoil

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.

Performance of Key Players

  • Schonfeld Strategic Advisors: Positive returns amidst market volatility.
  • Citadel: Down 0.35% in April.
  • Millennium Management: Down 0.7%.
  • Balyasny Asset Management: Little change in performance.

The reported figures represent returns up to Friday of the week in question. Representatives from the mentioned firms declined to comment on these results.

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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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