ExodusPoint Warns Investors: Europe Could Be At Its Peak Growth Rate [Exclusive]

The ExodusPoint Partners International Fund returned 0.68% in August, bringing its year-to-date return to 3.33%. The fund's August return lagged major equity indices. The MSCI World gained 2.4%, while the S&P 500 was up 2.9%, and the EuroStoxx 50 gained 2.6%.

Q2 2021 hedge fund letters, conferences and more

In their August commentary, which was reviewed by ValueWalk, the ExodusPoint team noted that risk assets rose during the month, pushing U.S. stocks to record highs despite the high inflation and concerns about the Delta variant of COVID-19.

Investor Sentiment By Region

Anticipation for the Federal Reserve's annual Jackson Hole symposium also drove the markets, which reacted well to the caution expressed by...