multistrat

Etymology

Clipping of multistrategy.

adj

  1. Of an investment fund: employing multiple investment strategies.“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.”

noun

  1. A 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.”