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Impressive Performances: Three Lesser-Known Hedge Funds Shine in 2024

share-iconPublished: Wednesday, January 08 share-iconUpdated: Wednesday, January 08 comment-icon10 months ago
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BUSINESSINSIDER
Impressive Performances: Three Lesser-Known Hedge Funds Shine in 2024

Credited from: BUSINESSINSIDER

  • In 2024, leading hedge funds like Citadel and D. E. Shaw performed well, but **many underperformed against the S&P 500's 23% gain**.
  • **Three notable hedge funds**—Castle Hook, Light Street Capital, and Mudrick Capital—achieved **remarkable gains**, significantly surpassing their peers.
  • **Castle Hook**, founded by David Rogers, recorded a striking **60% gain**, benefiting from geopolitical events.
  • **Light Street Capital** achieved a **59.4% gain** with a keen focus on **artificial intelligence stocks**, catching the investment community's attention.
  • **Mudrick Capital** generated a **31.7% return**, demonstrating a solid performance despite a general lack of interest in credit management strategies.

For more details, visit the original article: Business Insider.

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Hedge funds Investment performance Finance Market trends 2024 Castle hook Light street capital Mudrick capital
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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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