Hedge funds continued their resurgence in Q2, recording positive performance for a third consecutive quarter, with equities and multi-strategy funds once again driving returns to take their YTD weighted average gains to over 10%, according to data from Citco.
European credit hedge funds are the most in-demand strategy among investors for the second half of the year, with a net 14% keen to up their allocations by the end of 2023, according to a report by Reuters citing data
Digital asset investment products saw a second week of inflows totalling $125 million, bringing the last two weeks of inflows to $334 million, representing almost 1% of total AUM, according to the latest CoinShares Digital Assets Fund Flows Weekly report.
Digital asset investment products saw $136m of inflows last week bringing the last three consecutive weeks inflows to $470m, fully reversing the prior nine weeks of outflows, according to the latest Digital Assets Fund Flows report from CoinShares.
Cutter Capital Management, a new healthcare-focused hedge fund founded by former Citadel portfolio manager Vince Aita, has begun trading with $275m from two institutional investors, according to a report by Bloomberg. Â
