Weiss Multi-Strategy $3 Billion Hedge Fund Cuts 4 Trading Teams
- The teams traded commodities, options, event-driven strategies
- The New York hedge fund has also added two new groups
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Weiss Multi-Strategy Advisers has cut four trading strategies, as the hedge fund readjusts its investment teams.
The terminated strategies include commodities and an information science team that wagered on companies involved in the tech upgrade of industrial and consumer markets, according to people with knowledge of the matter.