Hedge funds, once the exclusive domain of institutional investors, are increasingly finding a place in the portfolios of high-net-worth individuals and private wealth clients, according to a report by FT Advisor.
Hedge funds recorded one of the strongest monthly inflows of recent years in May, with investors committing $6bn, according to the latest data from Citco, the asset servicer with more than $2tn in assets under administration.
BlackRock has launched its first Asia-Pacific market-neutral hedge fund aimed at retail investors in Singapore and Hong Kong, marking a significant push by the world’s largest asset manager into alternative strategies for wealth clients, according to a report by Business
Marshall Wace has recorded one of its most lucrative crypto trades to date, netting approximately $700m in profits from its early backing of stablecoin issuer Circle Internet Group following the firm’s red-hot initial public offering, according to a report by
BTIG, a specialist in institutional trading, investment banking, research and related brokerage services, has launched a dedicated Hedge Fund Solutions Group to provide comprehensive advisory services to hedge funds and family offices.
Toronto-based Picton Investments is doubling down on its artificial intelligence and tech innovation as part of a wider strategy to grow the business globally, according to a report by Bloomberg citing founder David Picton.
UniSuper, one of Australia’s largest superannuation funds, has seeded a new AUD500m hedge fund focused on the ASX 300, partnering with RQI Investors, the quantitative arm of First Sentier Investors, according to a report by Finance News Network.
Pharo Management, a $7bn global macro hedge fund, is preparing to open an office in Abu Dhabi as it restructures operations for its Africa-focused investment team, according to a report by Bloomberg citing unnamed sources familiar with the matter.
A fierce and intensifying war for top trading talent is reshaping the landscape of elite hedge fund hiring, with compensation packages offered by leading multi-manager hedge funds now exceeding $100m, according to a report by the Wall Street Journal.
Marex has appointed its first prime services team member in Singapore with the hire of Rebecca Kim, reflecting growing demand for the firm’s prime brokerage services in the APAC region and the importance of Singapore as a regional financial hub.
