Peter Rudegeair

1 week ago | wsj.com | Peter Rudegeair

Investors unhappy with Armistice’s 19% loss in March can’t leave anytime soonA highflying hedge fund blocked investors from leaving at the start of the year. It promptly went on a losing streak. Armistice Capital, a stock-picking firm that began 2025 with about $2 billion in assets under management, lost money in April for the third consecutive month, people familiar with the matter said. Investors unhappy with the performance can’t leave anytime soon. Under new terms that went into effect Jan.

1 week ago | flipboard.com | Peter Rudegeair

1 hour agoBeijing has set autonomous logistics as one of its priority objectives for its 2030 national agenda. It appears its aggressive plan is working. An empty light truck is cruising along a sun-drenched highway of Qionghai, a city in Hainan Island, the southernmost part of China. As the car that’s …

1 week ago | finance.yahoo.com | Peter Rudegeair

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Peter Rudegeair Mon, May 5, 2025, 6:00 AM 3 min read 510 Madison Ave., New York, where Armistice Capital is based. - Dan Lyon/WSJ A highflying hedge fund blocked investors from leaving at the start of the year. It promptly went on a losing streak.

1 week ago | fnlondon.com | Peter Rudegeair

Hedge Fund Goes on Losing Streak After Locking In InvestorsInvestors unhappy with Armistice’s 19% loss in March can’t leave anytime soon Published May 5, 2025 at 6:00 AM ET A highflying hedge fund blocked investors from leaving at the start of the year. It promptly went on a losing streak. Armistice Capital, a stock-picking firm that began 2025 with about $2 billion in assets under management, lost money in April for the third consecutive month, people familiar with the matter said.

1 week ago | wsj.com | Peter Rudegeair

Ken Griffin’s main hedge fund is now up for the year after losing money in the first quarterCitadel navigated April’s market chaos and generated a 1.3% gain in its flagship hedge fund last month, a person familiar with the matter said, outperforming the broader stock market. The detailsCitadel doesn’t disclose much to investors about where its multistrategy Wellington fund makes its money, but the performance of other funds it manages offers some clues of what worked for the firm in April.