Hot-ticket Gamestop deals blow to hedge funds' January returns, some escape

Hot-ticket Gamestop deals blow to hedge funds' January returns, some escape

3 years ago
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https://www.reuters.com/article/us-hedgefunds-returns/hot-ticket-gamestop-deals-blow-to-hedge-funds-january-returns-some-escape-idUSKBN2A22U8

Prominent hedge funds including Dan Sundheim's D1 Capital Partners and Steve Cohen's Point72 Asset Management chalked up deep losses last month as hotly traded Gamestop hurt returns while others like Jason Mudrick's Mudrick Capital posted gains during January's turbulent trading, investors in the funds said on Tuesday.

Hot-ticket Gamestop deals blow to hedge funds' January returns, some escape

Feb 2, 2021, 10:59pm UTC
https://www.reuters.com/article/us-hedgefunds-returns/hot-ticket-gamestop-deals-blow-to-hedge-funds-january-returns-some-escape-idUSKBN2A22U8 >Prominent hedge funds including Dan Sundheim's D1 Capital Partners and Steve Cohen's Point72 Asset Management chalked up deep losses last month as hotly traded Gamestop hurt returns while others like Jason Mudrick's Mudrick Capital posted gains during January's turbulent trading, investors in the funds said on Tuesday.