JPMorgan Says Hedge Funds Hit by Worst Drawdown Since April
Hedge funds are experiencing the biggest drawdown since the Liberation Day tariff turmoil, as unwinds in crowded trades punish the fast-money cohort, according to JPMorgan Chase & Co. strategists.
By Denitsa Tsekova · Bloomberg Markets
Hedge funds are experiencing the biggest drawdown since the Liberation Day tariff turmoil, as unwinds in crowded trades punish the fast-money cohort, according to JPMorgan Chase & Co. strategists.