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About $900 million in losses spread across two teams at hedge fund Millennium Management contributed to the firm’s worst monthly performance in over six years in February. Millennium lost 1.3% ...

MILLENNIUM Management lost about US$900 million so far this year from two teams focused on index rebalancing, a strategy recently upended by global stock market volatility, according to sources ...

Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications ...

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Some of the biggest hedge funds could not escape unscathed from the volatility brought on by the Trump administration in February. Managers such as Ken Griffin's Citadel, Izzy Englander's ...

A ripple effect of the growth of big-name platforms such as Millennium has been an increase in the number of new managers being launched via SMAs. Large allocators often prefer SMAs because they ...

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