Comment on 2024 hedge-fund returns: Schonfeld, D.E. Shaw, and Walleye among the year's big winners

2024 hedge-fund returns: Schonfeld, D.E. Shaw, and Walleye among the year's big winners

Ryan Tolkin is the CEO and chief investment officer of Schonfeld Strategic Advisors.SchonfeldAmong the multimanagers, $12 billion Schonfeld led the way in 2024.The firm bounced back from a tumultuous 2023 to return close to 20% last year.Its multistrategy peers ended with double-digit returns but didn't match the S&P 500's 23% gain.What a difference a year makes.When 2023 came to a close, Schonfeld Strategic Advisors was trailing its peers and shedding staff.

 

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