A hedge fund founded by Instacart co-founder Apoorva Mehta is using artificial intelligence agents to run much of its investment process, in one of the more aggressive attempts yet to replace traditional portfolio management with AI systems, according to a
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.
