$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.

$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.

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The clear winners within the hedge-fund world during the pandemic and the years immediately following 2020 were the industry's largest and most complicated.

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