D.E. Shaw’s Biggest Hedge Funds Soared at Least 20% in 2022
- Quant giant’s Composite flagship posts 24.7% 2022 increase
- Oculus, with concentration on macro wagers, logs 20% return
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D.E. Shaw & Co.’s two biggest hedge funds posted returns of at least 20% last year, as volatile markets provided ample trading opportunities.
The quant giant, which manages more than $60 billion, gained 24.7% in its flagship Composite fund, according to a person familiar with the matter. The fund is D.E Shaw’s largest and makes bets across various asset classes and geographies.