multistrat

1. informalnot comparablebusinessOf an investment fund: employing multiple investment strategies.

   The Wellington multistrat fund rose 4.7% and the Global Fixed Income fund advanced 4.9%, according to a person with knowledge of the matter.

   2022 February 3, Katherine Burton, Nishant Kumar, “Citadel Hedge Funds Gained Last Month as Equity Markets Slumped”, in Bloomberg, New York, N.Y.: Bloomberg L.P., →ISSN, →OCLC, archived from the original on 30 Aug 2022

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   While Canyon invests several billion dollars in equities, most of its multistrat competitors focus far more on stocks — some well over 50 percent of their assets.

   2007, Katherine Burton, Hedge Hunters: Hedge Fund Masters on the Rewards, the Risk, and the Reckoning, New York, N.Y.: Bloomberg Press, →ISBN, page 102

plural multistrats

1. informalbusinessA multistrat investment fund.

   Even for hedge funds, multistrats are fabled for their brutal Darwinism. If you do well you get more money from the central pool to manage, and if you do poorly your allocation gets cut.

   2022 October 27, Robin Wigglesworth, “Multi-strategy hedge funds are the new, superior fund-of-funds”, in Financial Times, London: The Financial Times Ltd., →ISSN, →OCLC, archived from the original on 24 Sep 2023

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   Multistrats are "voracious acquirers of talent," said Ilana Weinstein, the CEO of IDW Group and a headhunter for top hedge funds, adding that it's where talent and capital are vying to be.

   2023 January 31, Alex Morrell, Bianca Chan, Emmalyse Brownstein, Hayley Cuccinello, Michelle Abrego, Paige Hagy, Rebecca Ungarino, “From wealth managers to quants, 14 Wall Street headhunters told us which jobs and skills are in the highest demand right now”, in Business Insider, New York, N.Y.: Insider Inc., →OCLC, archived from the original on 06 Mar 2023