Digital asset investment products saw outflows totalling $62m last week, marking the seventh week of outflows which now total a combined $329m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Tron, the smart contracting platform, was
Hedge funds posted mixed performance in May as banking volatility evolved throughout the month following the closure and acquisition of First Republic Bank by JPMorgan. While Financials and Energy declined, Technology and AI surged through May. The HFRI 500 Fund
MEV Capital Management is launching a new digital assets hedge fund, MEV Capital Stablecoin High-Yield Fund SP, a Cayman Islands vehicle that “deploys and monitors trend-agnostic strategies based on digital assets, seeking to capture yields and timed opportunities”. The fund,
Goldman Sachs’ $127 million Hedge Industry VIP exchange traded fund (GVIP), which scans 13F filings to build a portfolio of popular hedge fund picks, is up more than 16% so far this year, ahead of the S&P 500’s 10% return
Cliff Asness, the founder of quantitative investment firm AQR Capital, is backing a new ‘niche’ multistrategy hedge fund launched by former employee Brian Hurst and Goldman Sachs Group alumnus Elisha Wiesel, according to a report by Bloomberg.
Redhedge Asset Management LLP, an FCA-regulated investment manager, has opened its Synergy Total Return Fund to outside investors. The fund is managed by Andrea Seminara, CIO and CEO of Redhedge, Voon Kiat Lai, Senior Portfolio Manager and the Redhedge Investment
LHG Capital Management, a $1 billion-plus hedge fund specialising in ‘quantamental’ global macro investing, has closed its first ever single-investor fund at $150 million, boosting the firm’s assets under management to over $1.3 billion. Unlike its separately managed account (SMA)
Tadaoki Kokusai, a multi-platform wealth and asset management firm, has launched the Responsive Alternative Strategies Fund, a hedge fund replication fund which the company says complements its existing hedge fund, private equity, real estate, and diversified alternatives offerings. Tadaoki Kokusai
Hedge funds gained 0.32% in April, according to the performance of the SS&C GlobeOp Hedge Fund Performance Index for the month. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index, meanwhile, advanced 0.16% in May. “SS&C GlobeOp’s
Hong Kong based long-short equity hedge fund firm Rockhampton Management, which also has an office in Tokyo, is going back to its Japan-focused routes after deciding to shutter its pan-Asia hedge fund, according to a report by Bloomberg.
