Featured In Reuters: Insights into Multi-strategy Hedge Funds
Updated: Mar 19
Arthur Salzer, chief investment officer at Toronto-based Northland Wealth Management, said multi-strategy hedge funds like Citadel were a throwback to a more lucrative era when fund managers produced strong performance no matter the direction of the markets.
“The ability to go anywhere and do anything really makes a difference they are designed to protect capital,” Salzer said.
The multi-strategy funds performed far better, several investors said, because some dusted off playbooks from the last financial crisis and moved quickly to capitalize on disruptions as the spread of the coronavirus sparked panic selling.