TOP STORY: Soaring cocoa prices and and a slump in the Japanese yen are among several financial market trends that have helped computer-driven quant hedge funds to rack up strong returns in the first quarter of the year, according to
London-based hedge fund manager Nickel Digital Asset Management’s flagship Diversified Alpha Fund has delivered record quarterly and monthly performance, according to the latest data from BarclayHedge.
Aspect Capital, a London-based quant hedge fund with $7.5bn in AUM, has racked up a 21% return so far in 2024 in its flagship fund on the back of winning bets on currency markets and commodities, according to a report
High Ground Investment Management, a London-based hedge fund run by Edgar Allen, has appointed former Adelphi Capital Partner Henry Guest to run its second hedge fund, which is due to launch in Q4 2024, according to a report by Bloomberg.
Equity and multi-strategy funds helped hedge funds start 2024 on the right foot, recording their best post-pandemic quarter, according to the latest data from Citco, an asset-servicer with over $1.9tn in AUA.
A prolonged rally in Japanese stocks, coupled with an improving Chinese equities market, and surge in AI-related stocks helped Asia-focused hedge funds get off to a strong start to 2024, according to a report by Reuters.
Triton Liquid, a digital assets hedge fund funded and incubated by New York-based VC firm FJ Labs, has set up its global headquarters in Abu Dhabi having received in-principal approval from the Abu Dhabi Global Market’s Financial Services Regulator.
Headstart Fund of Funds posted its fourth consecutive double-digit positive annual return in 2023, with back-to-back returns in excess of 20% in both 2022 and 2023 seeing it outperform global equity and bond markets and every hedge fund index on
L1 Capital, a prominent Australian activist hedge fund firm launched by former Macquarie investment banker James Hawkins, has recorded a gain of more than 42% with its Catalyst Fund since the strategy launched in 2021, according to a report by
Stock-picking hedge funds were the best performing hedge fund strategy in Q1 2024 with an average 7.9% gain, but they still trailed the S&P 500 and Nasdaq Composite Index, which put on 10.6% and 9.3% respectively, according to a report by Bloomberg.
