FUND PERFORMANCE

New industry data reveals “significant” gulf between gains and losses among largest hedge funds

New industry data reveals “significant” gulf between gains and losses among largest hedge funds

Hedge fund managers have experienced “significant” performance dispersion over the past 12 months, with the biggest funds seeing the largest gaps between gains and losses, new industry data shows, once again underlining the importance of investor due diligence in separating winners from losers.

CRYPTOCURRENCY

Man Group sees bitcoin volatility as part of the asset’s “price discovery” process

Man Group sees bitcoin volatility as part of the asset’s “price discovery” process

As more hedge fund firms pile into the digital asset and cryptocurrency space, analysts at the London-listed hedge fund giant Man Group say bitcoin’s recent volatility could be seen as “price discovery” in a new asset class, which will ultimately give way to greater stability in the currency, and more credibility among investors.

MANAGER INSIGHTS

Former Grosvenor executive prepares to roll out multi-strategy digital asset fund – Dalpha Capital Management

Former Grosvenor executive prepares to roll out multi-strategy digital asset fund – Dalpha Capital Management

With bitcoin hitting the headlines in recent weeks, reaching an all-time high of USD19,915 on 1 December, investors have been keen to pile in. Even the likes of Bridgewater’s Ray Dalio and Paul Tudor Jones are coming around to the fact that there could be something happening with bitcoin, having made a Lazarus-like recovery since its price tanked close to USD3,000 in December 2018.