Hedge Funds Cautiously Ride August Gains, Eye Asia

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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Hedge funds scored big in August, riding the stock market surge with healthcare and tech leading the charge, but are now pumping the brakes. Discover why, despite impressive gains and anticipated interest rate cuts, funds are reducing leverage and shifting focus to emerging Asian markets like China, Taiwan, India, and South Korea. Get the inside scoop on which major players like Marshall Wace, Citadel, and Millennium Management are still winning, even as caution creeps into the industry. Hosted on Acast. See acast.com/privacy for more information.