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S&P 500 Rises 3.5% in September as Multistrategy Hedge Funds Gain

September's market rally boosts multistrategy hedge funds' annual gains. Prominent managers like Citadel and Balyasny continue to expand their profits.

In this image there is a cross symbol on a grassland, in the background there are trees and the...
In this image there is a cross symbol on a grassland, in the background there are trees and the sky.

S&P 500 Rises 3.5% in September as Multistrategy Hedge Funds Gain

September 2022 proved to be another positive month for the stock market today, with the S&P 500 index rising by 3.5%. This strong performance follows a trend of multistrategy hedge funds largely performing positively during the same period. Notable managers such as Citadel, Balyasny, and ExodusPoint continued to expand their gains this year. While specific data on their September 2022 performance is not available, their overall annual results indicate a positive trajectory. The overall positive performance of multistrategy hedge funds aligns with the broader stock market's upward trend. September 2022 saw a positive performance from the stock market today, with the S&P 500 index rising by 3.5%. Multistrategy hedge funds, including prominent managers like Citadel, Balyasny, and ExodusPoint, largely performed positively during this period, contributing to their overall annual gains.

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