Brevan Howard’s flagship $12bn Master Fund returned to winning ways in September following a dip in the previous month, with a 5.12% gain, its best monthly performance so far in 2024, according to a report by Financial News.
Global hedge fund major Winton suffered significant losses in its China-focused strategy after an unexpected stimulus package from Beijing last month led to a sharp rally in local stock and commodity markets, according to a report by Reuters.
Event-Driven hedge funds led strong, industry-wide gains in September as the US Federal Reserve lowered interest rates and managers positioned for increasing M&A despite continued escalation of military conflicts in the Middle East and Eastern Europe, according to HFR.
Digital asset investment products saw a third consecutive week of inflows last week, totalling $1.2bn, probably as a reaction to continued expectations of dovish monetary policy in the US, according to the latest data from CoinShares.
Emerging markets hedge funds extended gains through Q3 2024, as managers positioned portfolios to navigate shifting geopolitical risks, fluctuating interest rates, and global economic uncertainties, according to data from HFR.
ExodusPoint Capital outperformed its multi-strategy hedge fund peers in September, posting a 1.5% gain, bringing its year-to-date return to 6.5% for 2024, according to a report by Business Insider citing an unnamed source familiar with the firm.
Paul Podolsky, a seasoned hedge und executive with over 15 years of experience at Bridgewater Associates, is gearing up to launch his new hedge fund, Kate Capital, on 1 November, with approximately $200m in initial capital, according to a report
Alfonso Peccatiello, the former Head of Investments at ING Groep NV, is set to launch his upcoming global macro hedge fund, which target opportunities in global interest rates and currencies, in partnership with Falcon Investment Management.
Digital asset investment products experienced a second consecutive week of inflows last week, totalling $321m, as the US Federal Reserve cut interest rates by 50bp, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Palinuro Capital, a new global macro hedge fund based in Amsterdam, has secured nearly $100m in investment commitments and is gearing up to begin trading in January, according to a report by Reuters citing the firm’s founder Alfonso Peccatiello.
