Michael Gelband's multi-strategy global hedge fund, ExodusPoint Capital, lost 2.72% during October, bringing its year-to-date return to 1.62%.
According to a copy of the fund's October update, which ValueWalk has reviewed, the biggest detractor from performance in October was the firm's Rates strategy.
In October, the strategy deducted 2.47% from overall performance, with US-based relative value strategies...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
