More Hedge Funds Damaged by Momentum Reversal

The transcript discusses the impact of market rotations on hedge funds, highlighting significant losses experienced by some funds, including CO2 Viking and Millennium. Credit Suisse's expectations and outlook are also covered, noting that some funds' annual gains have been wiped out. The discussion includes specific fund performances and the challenges faced in the repo market. The transcript concludes with insights into current market trends and trading strategies.

What was Credit Suisse's expectation regarding hedge funds by the end of the month?

• No changes were expected.

• Funds would see unprecedented gains.

• A significant number of funds would close.

• All funds would recover their losses.

Which hedge fund was not expected to be affected but still experienced a decline?

• Millennium

• CO2 Viking Global

• Credit Suisse

• Andreas Halverson

During which period did the hedge funds experience notable losses?

• August

• November

• September

• October

What did Credit Suisse indicate about the worst of the losses?

• The worst was yet to come.

• The worst was over.

• Losses would continue indefinitely.

• There were no significant losses.

What market trend was no longer in vogue according to the discussion?

• High-risk trading

• Defensive strategies

• Growth stocks

• Value investing