Millennium Management has withdrawn its $1bn allocation from Scopia Capital Management, just over a year after committing the capital to the equity long-short hedge fund, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Hedge funds posted moderate gains in February while attracting solid net inflows, according to the latest data from SS&C Technologies Holdings, Inc, with the SS&C GlobeOp Hedge Fund Performance Index recorded a gross return of 0.59% in February.
QuantumStreet AI (QuantumStreet), a provider of AI-driven investment solutions, has launched a new Long-Short Global Equity strategy, designed to provide institutional investors with enhanced global equity exposure and improved risk-return characteristics.
Digital asset investment products saw inflows totalling $619m last week, with strong early-week demand offset by late-week outflows as oil prices rose despite weak payroll data, according to data from Coin Shares.
PivotalPath’s analysis shows managed futures and macro commodities thriving in high oil environments, but allocators heading into 2026 had other priorities.
A former portfolio manager at Citadel has launched hedge fund NovaCore Capital after securing more than $250m in initial investor commitments from several investors, including Squarepoint Capital and Lighthouse Investment Partners, according to a report by Bloomberg.
Digital asset products saw $1.0bn in inflows, breaking a five-week $4.0bn outflow streak, with sentiment supported by price weakness, technical resets, and renewed whale accumulation, according to data from CoinShares.
Former Macquarie Group Ltd quant hedge fund chief Nick Bird is preparing to launch a Europe-focused strategy at his OQ Funds Management firm, as assets under management surpass $1bn, according to a report by Bloomberg.
Man Group chief investment officer Gregory Bond believes the multi-strategy hedge fund model remains well positioned to attract capital, as investors look for diversification and uncorrelated returns in an increasingly volatile market environment, according to a report by Financial News
Digital asset products recorded $288m in outflows last week, the fifth consecutive weekly decline, with cumulative outflows reaching $4.0bn, according to the latests Digital Assets sFund Flows Weekly Reporter from CXoiunShares.
