Hedge fund fees declined slightly in Q3 2022, with the average industry-wide management fee declining 1 basis point from the prior quarter to an estimated 1.35%, according the latest HFR Market Microstructure Report.
The Rokos Macro Fund has joined a growing group of macro funds to have registered big gains 2022, recovering from its worst ever performance (-26%) in 2021 to record a record gain of 51% last year, according to a report by Reuters.
Hedge funds are increasing their bets against the US dollar as speculation grows that the US Federal Reserve is set to slow the pace of recent interest rate hikes aimed at curbing inflation, according to a report by Bloomberg.
New hedge fund launches in the third quarter of 2022 fell lower than the prior quarter, reaching their lowest level since Q4 2008, according to new data released by HFR.
Crispin Odey's flagship European Inc hedge fund recorded its best performance last year since launching back in 1991 driven largely by a series of winning bets on spiralling inflation, according to a report by Bloomberg.
Investment manager Neal Berger's Contrarian Macro Fund chalked up gains of 163% last year on the back of a series of successful bets that US Federal Reserve rate hikes would cause market turmoil, according to a report by Bloomberg.
Catalio Capital Management, a multi-strategy life sciences investment firm with more than $1 billion in assets under management, has launched a dedicated public equities hedge fund investment strategy focused on identifying compelling life science investment opportunities globally.
SurgoCap Partners, a new hedge fund founded by Maia Gaonkar, started trading on Tuesday with $1.8 billion under management, making it the largest ever debut of a female-led hedge fund, according to a report by Bloomberg.
DE Shaw's flagship hedge fund, the DE Shaw Composite Fund, weathered last year's high-volatility environment to chalk up gains of 24.7% after fees, ahead of average annual hedge fund industry returns, according to a report by Reuters.
Key Square Capital Management, a macro hedge fund firm founded by ex-Soros Fund Management investment chief Scott Bessent, has posted a 30% gain this year up to 27 December, helped by a winning bet on the Japanese yen, according to a report by Bloomberg.