Two summers ago, hedge fund manager Bobby Jain set out with a huge goal: build a hedge fund that can rival the likes of industry giants Citadel and Millennium. But in the year since his firm started trading, Jain has found the going tough. FT hedge fund correspondents Amelia Pollard and Costas Mourselas explain what difficulties he has encountered, and whether building a true rival in this space is possible.

Clip from Bloomberg TV

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For further reading & listening:

Big launch, small gains: Bobby Jain struggles to match hedge fund giants

The next Millennium’s slow start

Citadel and Millennium outshone by smaller hedge fund rivals after trade war turmoil

🎧 Hedge fund pioneers face signs of a reckoning

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Follow Amelia Pollard (@ameliajpollard), Costas Mourselas (@CostasMourselas) and Saffeya Ahmed (@saffeya-ahmed) on X, or follow Saffeya on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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