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January 16, 2019  

Parsing ExodusPoint's Performance

ExodusPoint Capital, the biggest fund launch in the industry’s history, delivered a respectable 2018 return compared to its multi-strategy peers.Initial media reports took a dim view of the 0.6% gain ExodusPoint posted in its first seven months of trading. But performance data from other leading multi-strategy managers for the same period — June to December — cast the $8 billion ExodusPoint in a more favorable light.Consider...

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