Hedge funds warned of crowding risks

Crowding is the “biggest challenge” facing the hedge fund industry, CRO of Point72 says

Photo of a crowded escalator in the London Underground
Crowded house: CRO highlights dangers of herding

Hedge funds could pay a heavy price for crowding into the same trades.

That is the view of Mike Jemiolo, chief risk officer at Point72 Asset Management, who spoke at the RiskHedge USA con