Exodus Point Has A Long Bias Toward The U.S. And Short Bias Toward Europe [Exclusive]

The ExodusPoint Partners International Fund returned 0.32% for January. In their January letter to investors, which was obtained by ValueWalk, fund management described the year's beginning as "a bleak start" amid soaring inflation, expectations of interest rate hikes, and geopolitical concerns.

Q4 2021 hedge fund letters, conferences and more

ExodusPoint was founded by Michael Gelband and Hyung Lee in 2017 and started managing investor capital in 2018. The multi-strategy firm utilizes a global approach in search of compelling, asymmetric returns through the combination of complementary liquid strategies. ExodusPoint combines fixed income and equity strategies to generate a compelling risk-adjusted return profile.

“A Bleak Start”

ExodusPoint management noted that employment data in the...