Cinctive Capital Management delivered a 3% return in July, comfortably outperforming both the S&P 500’s 2.17% gain and several larger multi-strategy peers, according to a report by Reuters citing an unnamed source familiar with the performance.
The New York-based firm, which managed approximately $3bn in AUM as of December, saw strong contributions from equity trades across consumer, financials, and technology sectors. The fund’s strategy is built around a multi-PM, multi-asset platform, allowing diversified alpha generation across regions and asset classes.
While Cinctive declined to comment, its performance places it ahead of several notable industry names last month including: Citadel Wellington, Marshall Wace Eureka, Schonfeld Fundamental Equities, Schonfeld Strategic Partners, Man AHL Alpha Programme, and Graham Tactical Trend.