Laura Sterner, who helped raise billions for the firm's 2018 relaunch, had worked with Steve Cohen for close to a decade.
Global equity funds gained a fourth weekly inflow in five weeks in the week through Jan. 22 spurred by optimism for U.S.
U.S. stock-trading hedge funds kicked off the week with gross leverage levels in their highest range since 2010.
Looking ahead, hedge fund managers are displaying caution as they approach 2025. Thematically, the Industry seems to be in “wait-and-see” mode, with managers largely maintaining exposure levels near ...