Trend Followers Stung in Hedge Fund Downturn as Market Rout Deepens

The video discusses the poor performance of various hedge fund strategies, including traditional stock picking and algorithmic trading, during a challenging market month. Despite expectations, many funds, including long short equity, are underperforming. Some macro funds may have fared better, but overall, the industry faces structural issues. Active management is also struggling due to high correlations among stocks. The video highlights the potential for increased investor redemptions as the deadline approaches.

What is the significance of the November 15th deadline mentioned in the text?

What are some potential outcomes for hedge funds if the current market conditions persist?