China’s quantitative hedge funds are attracting record inflows as AI-driven strategies continue to outperform traditional discretionary managers, accelerating a shift in investor preferences across the country’s hedge fund industry.
Multi-manager hedge funds including Millennium Management and Point72 posted strong gains in June as markets rebounded following volatility linked to the Israel-Iran conflict, capping a solid first half of 2026 according to a report by the FT.
WorldQuant Millennium Advisors (WMA), the joint venture between WorldQuant and Millennium Management, has grown assets under management to nearly $30bn, according to people familiar with the matter.
BlueCrest Capital Management has lost its appeal before the UK Supreme Court in a landmark tax dispute over the application of the UK’s salaried members rules, a ruling expected to influence partnership structures across the hedge fund industry, according to
Allocators are getting patient when it comes to emerging managers’ track records. They’re not getting patient with much else.
Millennium Management, led by Izzy Englander (pictured) is preparing to raise at least $10bn for its flagship fund later this year, seeking to capitalise on continued investor demand for multistrategy hedge funds, according to Bloomberg.
Activist investment firm Jana Partners has established a position in AI-focused data management company Everpure after accumulating shares under confidential treatment, according to a report by Yahoo Finance.
Tower Research Capital has strengthened its exchange-traded funds (ETF) capabilities with the appointment of former Citadel Securities executive Yacin Dolivet as a quantitative researcher.
Millennium Management is backing the launch of a new quantitative hedge fund founded by former Citadel researcher Paul Dou, as investor demand for systematic strategies continues to grow, according to a report by Bloomberg.
Polar Capital is exploring the sale of a portfolio of residential mortgage-backed securities as tightening credit conditions and growing demand for private lending continue to reshape the structured finance market, according to a Bloomberg report.
