March of the multi-strats – are they unstoppable?

• Multi-strats Citadel, Millennium again leading industry returns
• Elite risk management and top talent central to success
• Investors have put in $37bn since Jan 2021: eVestment

The 32% gain by Citadel’s flagship fund this year has left most of the industry trailing, and yet again asking: who can stop the multi-strats?

Strong performance during the pandemic put multi-strategy firmly on the front foot, their nimble approach to strategy allocation and risk levels working well in a volatile market environment.