SAC Capital Competitor, Balyasny Says Easy money Has Been MadeMark Melin
Balyasny Asset Management had difficulty in April managing a de-risking environment in both the firm’s offerings, according to an investor letter reviewed by ValueWalk.
“Throughout the volatile unwind, it has been critical to manage risk and quickly adapt to changing markets,” Managing Partner Dmitry Balyasny wrote. The AGI fund was down 1.61% in April and is up 1.75% year to date while the AEF fund was down 2.80 . . .
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