Investors pulled out of Brazilian hedge funds at an unprecedented rate in 2024, as rising interest rates and turmoil in local markets led to a second consecutive year of underperformance for the struggling sector, according to a report by the
Asian hedge funds achieved their strongest performance in 15 years in 2024, leveraging market volatility, winners in China’s uncertain economy, and opportunities in artificial intelligence (AI), according to a report by Reuters.
Steven Cohen’s Point72 Asset Management has achieved a 14% gain with its newly launched artificial intelligence (AI)-focused fund, reaching nearly $1.5bn in assets within just three months, according to a report by Reuters citing sources familiar with the matter.
European opportunistic credit manager Chepstow Lane Capital achieved net returns of 13.24% in 2024, according to a report by Bloomberg News citing an investor letter.
York Capital Management’s Asia hedge fund spinoff, MY.Alpha Management HK Advisors, is raising funds for a new venture aimed at capitalising on South Korea’s corporate value-boosting measures, according to a report by Bloomberg.
Ken Griffin’s Citadel has raised $1bn through the sale of high-grade bonds on Wednesday to fund a payout to its owners, according to a report by Bloomberg UK.
A year after posting his first-ever annual loss, Brazilian hedge fund manager Rogerio Xavier, the Co-Founder of SPX Capital, saw the SPX Raptor fund – a variant of its flagship Nimitz fund – outperform 96% of its peers, according to
The Abu Dhabi Investment Authority (ADIA) is acquiring a minority stake in Innocap Investment Management, a Canadian platform that streamlines capital allocation to multiple hedge funds, according to a report by Bloomberg.
Clearwater Analytics is set to acquire Enfusion, a SaaS provider for investment management and hedge funds, in a deal valued at approximately $1.5bn.
London-based investment manager Downing has launched the new MGTS Downing Active Defined Return Assets Fund, aimed at institutional investors, discretionary fund managers, IFAs, and advised sophisticated individual investors.
