Behind the Money Can Bobby Jain build the next hedge fund giant?
23 snips
Aug 6, 2025 
Amelia Pollard and Costas Mourselas, both hedge fund correspondents at the Financial Times, dive into Bobby Jain's ambitious journey to create a hedge fund that can rival giants like Citadel. They discuss the various challenges he has faced, from attracting capital to navigating complex market conditions. The pair also analyze Jain's strategy of deploying multiple trading approaches and the obstacles that hindered his inaugural year. Can Jain overcome these hurdles and build a successful firm? The conversation sheds light on the competitive landscape of hedge funds.
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Bobby's Hedge Fund Rise
- Bobby Jain rose to prominence working at Millennium, one of the biggest hedge funds globally.
- After several successful years, he left to build his own fund aiming to be the next Millennium.
Multi-Managers Offer Stability
- Multi-manager hedge funds consist of specialist teams each trading different asset classes.
- Investors value these funds for their promise of consistent returns even during market downturns.
Launch Strategy Advice
- Launching multiple strategies worldwide simultaneously is ambitious but complex.
- Consider starting with fewer strategies gradually to reduce operational hurdles.
