It was another difficult month for the millennium of Izzy Englander.
A person close to the hedge fund of $ 75 billion told Business Insider that in March, they had lost 1.2%, bearing its losses from 2025 to 2%.
March started turbulent for renowned funds. Citadel, Millennium, Point72, Balyasny and Schond have all lost money in the first days due to the volatility of the market caused by the administration of President Donald Trump.
The markets mixed, however, and some managers fell.
The hedge fund of $ 12 billion Schonfeld put an end to the March apartment, backing up losses at the start of the month, said a person close to the company based in New York. The manager increased 2.2% for the year.
Meanwhile, Michael Gelband’s exoduspoint returned 0.7% in March and increased by 3.5% for the year.
Although the investors of these managers are not used to losses, these funds have always surpassed the S&P 500. The index has had its worst quarter for years, ending the walk down 4.6% thanks to serious mega-actions like Tesla and Nvidia.
Meanwhile, some smaller and more agile multi-mothers funds took advantage of chaos.
The AQR Mulstrategy Fund for Cliff Asness, the $ 3 billion APEX fund increased by 9% for the year, after 3.4% in March, a person close to the director based in Greenwich said. Dymon Asia, which costs $ 3 billion and has teams based on different Asian and Middle East markets, increased 1.3% for the month and 2.8% for the year, said a person close to the manager.
Although volatility has decreased in recent weeks, do not expect it to last: Trump praised Tuesday as the “Liberation Day” with serious prices threatened on goods imported from business partners such as China and Europe.
“Spealed to many other fund managers this weekend,” wrote Gavin Baker, the founder of Atreids Management, a cross-country fund focused on technological and consumption companies, on X on Monday.
“Many thought that a crash was a realistic possibility, which I rarely hear. Probably the most negative on a prospective basis that I have never heard such a wide strip of investors in the past 25 years.”
The companies listed have either refused to comment or have not immediately returned requests for comments. This list will be updated as more feedback is learned.
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