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
Anonymous $K6XgmDN5_o

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.

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