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The Marked Chart Wire · Markets
Hedge Funds
Morgan Stanley data shows rapid unwinding of positions by equity-focused managers. Firms like Samlyn Capital and Walleye Capital are cutting headcount and returning capital following sharp losses.
Part of a series: Hedge funds cut risk and staff after tech selloff
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Hedge Funds
VARA dropped 33 percent in October while Kirkoswald posted its worst month on record. Walleye Capital is returning capital, and Brevan Howard lost five credit managers.
Hedge Funds
VARA dropped 33 percent in October while Kirkoswald posted its worst month on record. Walleye Capital is returning capital, and Engineers Gate reduced its equities team.
Hedge Funds
Citadel posted a 1.7 percent gain in October, bringing its year-to-date return to 15.3 percent. Rivals like Walleye and Pinpoint saw declines as tech stocks fell.
Hedge Funds
Hedge fund Walle is reportedly returning a portion of its capital to investors, according to a client letter.
HotAI Selloff
South Korean indexes recovered from sharp declines that triggered trading halts, while US futures rose. Lam Research announced a $25 billion buyback following the semiconductor drop.
HotAI Selloff
South Korea and Taiwan prepared stabilization measures after sharp declines in semiconductor stocks. The KOSPI fell 8.6 percent, triggering a trading halt, while the TAIEX dropped nearly 9 percent.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.