Elevation Securities Hires Paul Young
Young will be based out of New York City and report to senior managing director and head of research, Ian Harris.
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Young will be based out of New York City and report to senior managing director and head of research, Ian Harris.
The hedge fund industry experienced net outflows in December with $20.4 billion in redemptions, equivalent to a -0.44% reduction in industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge.
Hedge funds in aggregate were down -2.42% on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
Inflation, market volatility and geopolitical tensions in Europe appear to have taken a toll on the global hedge fund business in January, with aggregate return for the business coming in at -1.89% for the first month of the year, according to the just-released eVestment January 2022 hedge fund performance data.
Inflation, market volatility and geopolitical tensions in Europe appear to have taken a toll on the global hedge fund business in January, with aggregate return for the business coming in at -1.89% for the first month of the year, according to the just-released eVestment January 2022 hedge fund performance data.