Hedge fund scorecard: Millennium, Point72, and Asia funds caught up in a chaotic July

A busy July put many big-name hedge funds in the red to start the third quarter. Izzy Englander's Millennium lost 2.1% last month, a person close to the New York-based manager told Business Insider, pulling the firm's 2026 returns to 8.2%. Steve Cohen's Point72 was down 3.3% in July, a person close to the firm told Business Insider. The losses brought its year-to-date returns to 10.9%. Asia-based multimanagers Dymon Asia and Pinpoint fell 6.5% and 9%, respectively, last month as stock market jitters in Korea and Japanese economic woes wreaked havoc on the continent's markets. People familiar with the two funds told Business Insider that July's losses left Dymon and Pinpoint with gains of 7.5% and 6.3%, respectively, in 2026.