Here are the hedge fund managers to watch in 2019 as the industry battles poor performance
Spencer Platt/Getty Images
- Hedge fund managers struggled through 2018, as market volatility and fee pressure cut into returns and profits.
- The top funds to watch in 2019 are a mix of well-known veterans, up-and-coming start-ups and star traders ready to set out on their own.
Through the first half of 2018, hedge funds were getting along pretty well. The year did not finish on the same note.
The third quarter was the first three-month stretch where fund closures outpaced launches in more than a year, and market volatility in October and November wiped out many managers' marginal gains for the year.
We talked to top hedge fund consultants, recruiters, lawyers and investors for their picks about the managers they'll be watching next year.
They include well-known names like Point72's Steven Cohen and AQR's Cliff Asness, but also lesser known managers who are distinguishing themselves in other ways with unique strategies.
Here they are.
Point72 Asset Management
Kirkoswald Capital Partners
Balyasny Asset Management
Verition Fund Management
ExodusPoint Capital Management
- Elon Musk sparks another Shiba Inu rally ‘to the moon’ — other Shiba coins follow suit
- The best wildlife photos of the year show a curious grizzly, dueling reindeer, and fish swimming through a cloud of sperm
- Trading app Public lists shiba inu coin on its trading platform as the Robinhood rival broadens crypto offerings
- The depth of India’s vaccination drive — Gujarat tops the list, UP and Bihar yet to vaccinate a third of their population
- Manchester United owners are getting drawn to the world's biggest cricket league – here's why
- IDBI Bank's net profit jumps 75% despite higher provisions
- Asian Paints' net profit drops 29% on high raw material prices
- Dearness allowance hiked to 31% for central government employees