After an intense few days, the weekend was a welcome relief for hedge fund traders. Friday’s closing bell brought an end to a frenetic week on Wall Street and other trading hubs, as President Trump’s commitment to tariffs and other radical policy sent markets into a tailspin.
Multi-managers were at the centre of the storm and faced their biggest performance test of the decade so far, as top positions were sold at pace in the biggest deleveraging event since the early days of Covid.
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