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May Brings a Boost to Multistrat Managers
Several well-known multistrategy managers delivered gains last month, enabling them to trim their year-to-date losses.
Kenneth Griffin, Citadel (Bloomberg) Many of the largest and best-known multistrategy hedge funds are starting to chip away at their early-year losses. Most of them posted gains in May, and many were profitable in April and March as well. Even so, they mostly remain in the red for the year. Of course, multistrategy
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