Greg Coffey’s Kirkoswald Asset Management is moving to secure longer-term investor capital by launching a new share class that could require clients to wait up to five years to fully redeem their investments, according to a report by Bloomberg.
Hedge fund investors continued to scale back redemption intentions in April, with the SS&C GlobeOp Forward Redemption Indicator falling to 1.26%, down from 1.90% in March and below the 1.85% level recorded a year earlier, according to data from SS&C
AllianceBernstein has shut down its hedge fund AB Arya, underscoring the challenges smaller entrants face competing in the increasingly scale-driven multi-manager hedge fund industry, according to a report by Bloomberg.
Digital asset investment products saw $1.4bn of inflows last, the third consecutive positive week and the strongest since January, as bitcoin briefly pushed through $76,000 on improving risk sentiment, according to data from CoinShares.
Millennium Management is set to allocate capital to a departing senior quant researcher from Jump Trading Group, highlighting its continued push to back external talent alongside its multi-manager platform, according to a report by Business Insider.
Spain’s Bankinter Investment has launched a new hedge fund-style vehicle aimed at widening access to alternative investments, as the Madrid-based firm continues to expand its presence in real-asset and private market strategies.
BlackRock’s hedge fund investment team is encouraging allocators to broaden their exposure across a wider range of hedge fund strategies, arguing that rising macro uncertainty, rapid AI-driven shifts, and geopolitical tensions are increasing the pace and dispersion of market moves,
Hedge fund performance declined in March, according to SS&C Technologies, with the SS&C GlobeOp Hedge Fund Performance Index recording a 1.79% fall for the month, while the firm’s Capital Movement Index showed a modest 0.26% increase in hedge fund flows
Digital asset investment products saw $1.1bn of inflows last week, the strongest since January, driven by improved, lower-than-expected CPI and easing geopolitics, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Alua Capital Management is shutting down its roughly $2bn hedge fund, bringing an end to a high-profile launch backed by strong pedigree but ultimately falling short on performance, according to a report by Bloomberg.
