What does multistrat mean?
Multistrat means (finance, informal) Of an investment fund: employing multiple investment strategies..
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Pronunciation varies by accent · adjective
(finance, informal) Of an investment fund: employing multiple investment strategies..
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.
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.
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.
Use multistrat when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Multistrat means (finance, informal) Of an investment fund: employing multiple investment strategies..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
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.
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