TOP STORY: Hedge fund investors pulled $11.57 billion in April as the sector saw its biggest month of outflows so far this year, taking YTD outflows to £19.4 billion, according to eVestment's latest Hedge Fund Industry Asset Flow Report.
The NZ Superannuation Fund New, a New Zealand-based sovereign wealth fund established to help finance the country's state pension scheme, has made a new $100 million allocation to global macro hedge fund Episteme Capital.
Digital asset investment products saw outflows for the fifth consecutive week last week, with the $32 million withdrawn taking outflows over the period to $232 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares.
Maitri Capital is looking to raise $250 million to support the launch of a new AI and machine-learning-powered quantitative trading fund – the Maitri Cento Quant Fund – which the company says will offer an "innovative investment strategy".
Digital asset investment products saw a fourth consecutive week of outflows with $54 million withdrawn, bringing total outflows to $200 million, or 0.6% of total assets under management, according to the latest CoinShares Digital Assets Fund Flows Report.
Digital asset investment products saw outflows totalling $54 million last week, representing the third consecutive week of negative sentiment for the asset class, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hilbert Capital, the asset management business of Hilbert Group AB has launched its third systematic fund which will aim to take advantage of volatility in digital asset markets through algorithmic trading and can take long as well as short positions.
Digital asset investment products saw outflows for the second consecutive week last week, with investors pulling a total of $72 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge fund startups in Asia raised just $3.5 billion last year – the lowest annual amount seen since the global financial crisis – as Covid restrictions and geopolitical risks impacted fundraising activity in Hong Kong, according to a report by FinnoExpert.
Man Group pulled in more than $1 billion in inflows into its funds in the first quarter, amid wider outflows from the hedge fund industry as the sector struggled with surging volatility and fears of a banking crisis.