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Hedge fund pioneers face signs of a reckoning
Behind the Money
English - February 21, 2024 05:00 - 16 minutes - 38 MB - ★★★★★ - 105 ratingsBusiness News News finance markets business crypto banking Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Billionaire financiers such as Ken Griffin pioneered what’s known as the multi-manager model for hedge funds, where big spending begets big returns. In 2022, Griffin’s Citadel became the best-performing hedge fund of all time. But now, cracks in the sector are beginning to form. The FT’s Harriet Agnew and Ortenca Aliaj examine what a downturn could mean for investors and the broader financial sector.
Plus, do you have a question about markets, finance or economics? Get in touch with Michela, and we may use it in an upcoming joint show with Unhedged.
Email Michela at [email protected], or message her on X at @mtindera07.
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For further reading:
Are hedge fund pioneers facing the end of a golden era?
Bobby Jain’s hedge fund launch falls short of $8bn-$10bn target
How Ken Griffin rebuilt Citadel’s ramparts
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On X, follow Harriet Agnew (@HarrietAgnew), Ortenca Aliaj (@OrtencaAl) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
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