2023: A Pinnacle Year for Hedge Fund Profits

In 2023, hedge funds marked a historic pinnacle, tripling returns from 2022 and delivering a staggering $67 billion windfall to investors. Reuters reports reveal Citadel, D. E. Shaw, and Millennium dominating the rankings with net gains. Despite Bridgewater and Caxton facing losses, the top 20 funds averaged a remarkable 10.5% increase. Coatue Management, Anson Funds, Millennium, and Citadel's Wellington Fund exhibited stellar performance in debt hedge funds, outpacing bond markets. Read the latest study by Jasper Colin how AI-powered Due Diligence; Data-backed research and technology can help Hedge funds to churn continued high returns has context menu.