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


During recent market turmoil caused by President Trump's tariffs, Schonfeld Strategic Advisors saw modest gains while other major hedge funds like Citadel, Millennium Management, and Balyasny Asset Management experienced minimal to moderate losses.
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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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