just saw that joe mccann is shutting down his asymmetric liquid fund. apparently he's shifting away from liquid trading altogether, which is kind of a big move for someone who's been in that space for a while.

interesting timing honestly. the whole liquid trading game has been pretty competitive lately, and i guess even established names like joe mccann are reconsidering their strategy. the asymmetric fund had some decent track record but maybe the margins just aren't there anymore or he's spotted better opportunities elsewhere.

wonder what he's moving into next. feels like a lot of traders are pivoting these days - either going full defi, getting into structured products, or just stepping back to reassess. anyone else following what joe mccann's next move might be?