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
Bets against UK government bonds have helped Odey Asset Management’s flagship hedge fund to a 145% gain so far in 2022, according to a report by Reuters.
Arquant Capital, an independent asset management company specialised in crypto-assets, has launched Arquant Bitcoin Dynamic and Arquant Ethereum Dynamic, its first two funds geared towards professional investors. The funds for institutional investors, are directly invested in bitcoin and ether and actively
Hedge fund investors are cutting their exposure to China assets, with funds focussed on investments in Greater China-seeing the biggest net outflows in at least 15 years, according to a report by Reuters. The report cites Eurekahedge data for the
The surge in global inflation, the strength of the US dollar and the war in Ukraine have all combined to create huge challenges for hedge funds focussed on investments in Eastern Europe, with returns expected to be their worst in
Anomaly Capital Management has seen its total assets under management hit $2.4 billion after raising an additional $500 million over the past five months, according to a report by Bloomberg.
The switch of the Ethereum blockchain from proof of work to proof of stake – aka The Merge – has had hedge funds in a betting frenzy with managers scooping up options on ether tokens, Ethereum’s flagship token, according to
