Hedge fund giant DE Shaw & Co is planning to charge up to 40 per cent fees for its three biggest funds, according to a report by Bloomberg. The increase will make the funds the most expensive in the hedge
Leucadia Asset Management, the investment arm of Jefferies Financial Group Inc, is providing seed capital to a new hedge fund firm that will focus on trading securities issued by banks, according to a report by The Wall Street journal. ISO-mts
Modular Asset Management’s ESG-focused crypto hedge fund is betting that tokens with stronger sustainability characteristics will outperform other digital assets by buying algorand and polkadot, according to a report by Bloomberg. Speaking in an interview with Bloomberg, Daniel Liebau, chief
New hedge fund launches have plunged to the lowest level since Q4 2008 as according to the latest HFR Market Microstructure Report. The estimated number of new hedge fund launches fell to only 80 in the second quarter of the
The pace of hedge fund net redemptions slowed in July to $16.88 billion (-0.35% of industry assets), according to the Barclay Fund Flow Indicator published by BarclayHedge. A $124.13 billion trading profit during the month brought total hedge fund industry
The investable HFRI 500 Macro Index has surged +14.3 per cent YTD through August, with gains driven by long commodity and US dollar positions as the US Federal Reserve continued to raise interest rates to slow the generational inflation market
Private health science startup investor Lumira is setting up a hedge fund to bet on public copies it regards as having been oversold during the sector’s troubled past year, according to a report by The Globe & Mail.
Multi-strategy hedge funds were again the capital raising winners in August bringing in a net +$2.75 billion, and taking year to date inflows to +$18.37 billion, according to a report by AlphaWeek.
Nuveen Infrastructure’s Glennmont Partners, a clean energy infrastructure manager, has launched its energy transition enhanced credit II strategy (ETEC II) after raising €250 million, for investments in renewable energy and sustainable infrastructure assets. The new strategy will draw on the
Performance of hedge funds administered by the Citco group of companies (Citco) dipped marginally in August, with an average weighted return of -0.6%, down from 3% in July. All strategies – bar Equities and Multi-Strategy – saw positive returns, with
