ExodusPoint Warns Investors: Europe Could Be At Its Peak Growth Rate [Exclusive]

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Michelle deBoer-Jones
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The ExodusPoint Partners International Fund returned 0.68% in August, bringing its year-to-date return to 3.33%. The fund’s August return lagged major equity indices. The MSCI World gained 2.4%, while the S&P 500 was up 2.9%, and the EuroStoxx 50 gained 2.6%. Q2 2021 hedge fund letters, conferences and more In their August commentary, which was reviewed by ValueWalk, the ExodusPoint team noted that risk assets rose during the month, pushing U.S. stocks to record highs despite the high inflation and concerns about the Delta variant of COVID-19. Investor Sentiment By Region Anticipation for the Federal Reserve’s annual Jackson Hole symposium…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.