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Hedge funds ramp up market bets as volatility brings the asset class back into favor

Sumary of Hedge funds ramp up market bets as volatility brings the asset class back into favor:

  • Citadel multistrategy flagship fund Wellington rallied 3.74% last month, bringing its 2022 performance to 25.75%, according to a person familiar with the returns.
  • On the short side, hedge funds didnt turn overly bearish despite the strong macro environment.
  • JPMorgan prime brokerage data showed the community shorting activity has been less active than in June, and shorts added have been more focused on exchange-traded funds than solo stocks.
  • Santiago Getty Images The extreme market volatility is not causing hedge funds to back down.

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