Balyasny and Verition Report July Losses Amid AI Stock Selloff

According to Bloomberg, multi-strategy hedge funds Balyasny Asset Management and Verition Fund Management both recorded losses last month as an artificial intelligence stock selloff roiled markets. Balyasny declined 1.5% in July, with year-to-date returns narrowing to 1.2%, while Verition fell 1.1%, bringing its year-to-date return to 4.5%, according to people familiar with the matter.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments