Systematic hedge funds, which employ algorithms to identify investable market trends, have significantly outperformed other fund strategies during the first quarter of the year, according to a report by MarketGuru.
A resurgence of investor interest in natural resources has prompted Kimura Capital, a London-based provider of trade finance credit for commodities, to start a new commodity-focused hedge fund, according to a report by Bloomberg.
Hedge funds continued to provide investors with positive returns in February with funds administered by Citco delivering an overall weighted average return of 2% over the month, to give them a YTD weighted average return of 3.5%.
Goldman Sachs Group’s asset management arm has raised over $700m in capital commitments for Union Bridge Partners I, a new opportunistic co-investment strategy that will focus on making investments alongside hedge funds and private credit firms.
Global allocators upped their alternative asset allocations – private equity, credit, real estate, real assets, infrastructure and hedge funds – to $172bn in 2023 a 19% increase from the $144bn seen in the previous year, according to a research commissioned
On-chain digital asset management platform Hashnote has partnered with CoinDesk Indices to launch the Hashnote CoinDesk 20 Fund, which tracks the global digital asset benchmark CoinDesk 20 Index.
ASK Hedge Solutions, a subsidiary of Blackstone-backed ASK Asset and Wealth Management Group, has launched the ASK Absolute Return Fund, its first long-short fund and an open-ended Category III Alternative Investment Fund.
Freddie Sizer, who led European physical gas trading at Freepoint Commodities, has left the commodities trading company to set up his own hedge fund firm focused on gas and power investments, according to a report by Bloomberg.
Ex-Citadel, Lone Pine Capital, Oaktree Capital and Paloma Partners PMs are among the hedge fund execs gearing up to launch a bumper crop of high-profile hedge funds this year, according to a report by Reuters.
PanView Capital, the Hong Kong-based hedge fund firm founded by former Goldman Sachs Group Partner Ryan Thall, has stopped taking money from new investors after assets hit $1.1bn, according to a report by Bloomberg.
