Multistrat
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Multistrat is an adjective meaning (finance, informal) Of an investment fund: employing multiple investment strategies.
Meaning
(finance, informal) Of an investment fund: employing multiple investment strategies.
More Meanings
- (finance, informal) A multistrat investment fund.
Example Sentences
The Wellington multistrat fund rose 4.7% and the Global Fixed Income fund advanced 4.9%, according to a person with knowledge of the matter.
While Canyon invests several billion dollars in equities, most of its multistrat competitors focus far more on stocks — some well over 50 percent of their assets.
Even for hedge funds, multistrats are fabled for their brutal Darwinism. If you do well you get more money from the central pool to manage, and if you do poorly your allocation gets cut.
Multistrats are "voracious acquirers of talent," said Ilana Weinstein, the CEO of IDW Group and a headhunter for top hedge funds, adding that it's where talent and capital are vying to be.
Word Forms
- multistrats
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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