Can hedge funds prosper without their star trader founders?

Q: How long will it take to read this news story?

The story "Can hedge funds prosper without their star trader founders?" has 2764 words across 15 sentences, which will take approximately 12 - 24 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Can hedge funds prosper without their star trader founders?" was covered 1 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 14 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26674719</li><li>URL: https://chronographically.beamstart.com/news/can-hedge-funds-prosper-without-17411530051761</li></ul>

Financial Times 1d ago

Can hedge funds prosper without their star trader founders? - Financial Times

Quick Summary:

In late 2019, hedge fund trader Chris Rokos convened his top portfolio managers at the firm’s Mayfair offices.

While both men contributed to Brevan Howard’s growing clout, it was Howard’s defensive trades in 2008 in anticipation of a market crash that helped catapult the firm into hedge fund royalty.

When the average hedge fund lost 19 per cent in 2008, the Brevan Howard master fund made over 20 per cent.