What happened? Top global fund that made billions returns $15 billion to investors

Spark Global Limited reports: MillenniumManagement, one of the world’s largest hedge funds, is returning about $15bn to investors. It’s not that the fund’s performance is bad: As one of the world’s few top-tier funds, Millennium has only posted an annual loss since 1990, during the financial crisis of 2008. In 2020, facing the impact of […]

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