"The New King of Hedge Funds": The Era of Growth for Multi-Strategy Hedge Funds Has Ended!

Ken Griffin, the founder of Citadel, one of the world's largest hedge funds, stated that the era of growth for multi-strategy hedge funds has come to an end, with capital inflows essentially stagnating. Although these funds attracted capital due to their ability to provide stable returns amid market volatility, a shortage of talent and restrictions on leveraged investments have limited their growth. According to Goldman Sachs data, the assets managed by multi-strategy hedge funds slightly declined to $366 billion this year, marking the first decrease since 2016. Griffin also predicted that under new government leadership, the entrepreneurial spirit in the United States will be reignited, and companies will be more willing to take risks