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.
Digital asset products saw $224m in inflows last week, but momentum reversed later in the week amid stronger macro data and hawkish expectations, according to the lateness Digital Asset Fund Flows Report from CoiunShares.
Pershing Square founder Bill Ackman is reportedly planning a new hedge fund strategy designed to capitalise on investor complacency, echoing the “doomsday” trades that netted Pershing Square billions during the pandemic, according to a report by the Financial Times.
