Multi-strategy hedge funds, among other genres demonstrated resilience amid volatile markets, achieving notable gains despite broader market downturns.

Dymon Asia Capital has brought on Shao Ying, a former portfolio manager at Millennium Management, to support its growth in relative-value equity trading.

According to Bloomberg, Balyasny Asset Management has reportedly recruited a prominent yen rates portfolio manager, Ron Choy with a compensation package valued at approximately $30 million joining from BlueCrest. This move is part of Balyasny's broader strategy to enhance its macro trading capabilities, particularly in the Japanese government bond (JGB) market.

In an effort to manage rising expenses related to technology, infrastructure, and talent acquisition, Brevan Howard temporarily eliminated the 1% management fee for the Alpha Strategies fund. The fee is set to return to 0.5% for one quarter before reverting to 1% in April. These strategic adjustments reflect Brevan Howard's approach to balancing operational costs while incentivizing clients to commit their capital for extended periods.