Hedge fund Balyasny Asset Management has bolstered its AI capabilities with the hire of Matthew Henderey, former chief data scientist for the CIA’s Office of Artificial Intelligence, according to a report by eFinancial Careers citing unnamed sources familiar with the
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions, according to the latest Digital Assets Funds Flows weekly Report from CoinShares.
Quant hedge fund firm DE Shaw’s statistical arbitrage Valence fund has started the year strongly with a 9% Q1 gain, beating the average 5% hedge fund gain for the first three months of the year, but falling shy of the
Dynamic Funds has added to its liquid alternatives offering with the launch of the Dynamic Credit Opportunities Fund which will seeks to generate absolute returns over a complete market cycle through long and short positions in primarily corporate debt securities.
Investors continued to pull cash from hedge funds in August redeeming an estimated $6.10bn to extend the current run of overall withdrawals to 15 months, according to the latest Hedge Fund Industry Asset Flows Report from Nasdaq eVestment.
