TOP STORY: Saba Capital Management, the hedge fund firm founded by Boaz Weinstein, has seen its flagship hedge fund rack up losses of 7.7% so far this year after bearish bets backfired amid the recent stock market rally, according to
US hedge fund Citadel’s portfolios all made money in the first five months of the year with the firm’s flagship portfolio leading the way with a 6.14% return to the end of May, according to a report by Reuters.
Big price swings and talk of a new supercycle have brought commodity hedge funds back into favour with investors after years of being largely ignored, according to a report by Bloomberg. The report cites preliminary data from Bridge Alternative Investments
Growth Creek, a New York-based quant hedge fund, has surprised analysts with a stronger than expected Q3 earnings report that showed it gained a massive 20% against the Dow Jones Industrial Average. In a recent conference call with investors, Managing
Markov Processes International, an independent FinTech provider of software and services for analysing investment performance and risk, has released eight-year performance data for its MPI Eurekahedge 50 Tracker Index, which it says indicates that its basket of liquid, retail exchange-traded
iM Global Partner is to launch a new UCITS fund, the iMGP DBi Managed Futures Fund with its Partner, Dynamic Beta investments, to enable European investors to access the increasingly popular managed futures market.
Negative investor sentiment towards digital asset investment continued last week on the back of the fallout from the collapse of FTX with outflows totalling $23 million, according to the latest data from CoinShares. The company’s latesDigital Asset Fund Flows Weekly
Galapagos Capital, a hedge fund based in São Paulo, Brazil, is to recruit a six-strong team to support the launch of a new US-registered macro fund focused on emerging markets in 2023, according to a report by BNN Bloomberg.
Man Group is preparing to launch a dedicated cryptocurrency hedge fund despite the current turmoil in the market sparked by the collapse of Sam Bankman-Fried’s digital exchange operator FTX, according to a report by Bloomberg.
Brilliance Asset Management, one of Asia’s largest China-focused hedge funds, chalked up a 16% loss in October after a bet on electric vehicle maker Li Auto went awry, according to a report by Financial Post. The report cites unnamed sources
