Asset Management Models of Institutional Investors Under High Volatility in 2022–2024

Subject . This article examines portfolio-based asset management models employed by institutional investors amid the high volatility observed in financial markets during the period from 2022 to 2024. Macroeconomic instability, surging inflation, escalating geopolitical risks, and rising interest rates imposed by central banks across the globe contributed to portfolio shifts toward bonds, safe-haven assets (such as gold and commodities), and hedging instruments. Objective. The paper aims to identify the factors that prompted the reassessment of investment strategies by major hedge funds, investment banks, as well as pension, sovereign, and endowment funds. Findings. The authors present a typology of modern investment strategies and analyze how institutional investors applied various approaches to liquidity management and portfolio exposure control during periods of sharp price fluctuations. Through case studies of leadinghedge funds and investment banks, the paper demonstrates that combining quantitative strategies and algorithmic models with fundamental analysis enables investors to achieve high returns while effectively managing risk. Scientific significance . The findings offer valuable insights for institutional investors building portfolios in conditions of elevated market uncertainty.