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Nishant Kumar: Hedge fund returns for September show machines outperform humans

Nishant Kumar: Hedge fund returns for September show machines outperform humans
Machines lead hedge fund returns in September

Nishant Kumar reports that initial hedge fund returns for September indicate that machine-driven strategies outperformed human traders. Traders contended with a volatile month as inflation concerns drove U.S. bond yields to multidecade highs, negatively impacting fixed-income investments.

Earlier, Nishant Kumar reported that Millennium hired Drew Gillanders, formerly of Citadel, to lead its new equities group. He also noted that Millennium joined Rokos in planning hedge fund offices in Athens, with staff considering relocation from London. Both moves reflect ongoing developments among leading hedge fund firms amid shifting market conditions.

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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