After Being Flooded With Assets, Balyasny Explains Muted 2016 PerformanceMark Melin
For Dmitry Balyasny, founder and Chief Investment Officer at Balyasny Asset Management, 2016 was a “roller coaster” that few could have anticipated. With the S&P 500 up 11.57% in 2016 via the SPX, Atlas Global subtracting -1.33% off performance on the year is a result of “challenges” the fund faced, a year-end letter to investors reviewed by ValueWalk said. Addressing disappointing performance in the wake of a nearly doubling in assets over a short period, Balyasny pointed to running a noncorrelated and a . . .
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