Multistrategy Firms Draw Inflows Despite Mixed Month

Highbridge, Citadel and BlueCrest advance smartly, while Millennium and OZ lag a bit.


April was a mixed month for a number of high-profile multistrategy hedge fund firms. Several firms lost money while others barely broke even, enabling them to preserve their strong early gains.

Multistrategy funds have grown popular among hedge fund investors. According to industry tracker eVestment, the strategy took in about $9.4

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