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Jain Global will handle Millennium funds exclusively, Zerohedge reveals

Jain Global will handle Millennium funds exclusively, Zerohedge reveals
Jain Global to manage Millennium funds

Zerohedge, industry influencer, reports that Jain Global will return investor cash and take on exclusive management of Millennium funds.

This development indicates a significant change in fund management arrangements involving Jain Global and Millennium.

Hedge funds reported steep losses in March as Middle East conflict disrupted markets, according to Nishant Kumar. Macro hedge funds saw sharp declines during the same period, with Haidar Jupiter down 12 percent and Brevan Howard having its worst month in over 20 years, Kumar noted in a separate report here. These earlier setbacks form the backdrop to recent fund management changes involving Jain Global and Millennium.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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