Millennium Management is withdrawing its capital commitment from Pamalican Asset Management, the Hong Kong-based hedge fund launched by former Goldman Sachs executive Jamie Goodman, just eight months after the firm began trading, according to a report by Bloomberg.
Elliott Investment Management has taken a significant activist position in Hewlett Packard Enterprise (HPE), amassing a stake valued at over $1.5bn and making the $70bn hedge fund one of HPE’s largest shareholders, according to a report by Reuters.
Digital asset investment products saw $795m in outflows last week, marking a third consecutive week of declines and bringing total outflows since early February to US$7.2bn, according to the latest Digital Asset sFund Flows Weekly Report from CoinShares.
Systematica Investments’ listed version of its flagship hedge fund, Schroder GAIA BlueTrend, has dropped approximately 19% year-to-date, reflecting the mounting pressure on trend-following strategies, according to a report by the Financial Times.
Hedge funds saw a performance setback in March, with the SS&C GlobeOp Hedge Fund Performance Index recording a gross return of -1.61%, according to the latest data released by SS&C Technologies.
Hedge fund manager Sculptor Capital Management has secured regulatory approval to operate in Abu Dhabi, becoming the latest global financial firm to establish a presence in the fast-growing capital of the United Arab Emirates, according to a report by Bloomberg.
Ediz Karahasanoglu, Head of EMEA Equities Trading at Goldman Sachs, has resigned from the firm and is reportedly heading to a hedge fund, though his next destination remains unconfirmed, according to a report by eFinancial Careers.
Armistice Capital’s flagship hedge fund suffered its steepest monthly loss since inception, plunging 18.4% in March, as volatile markets and steep declines in healthcare and consumer stocks hammered performance, according to a report by Bloomberg.
Quant-driven hedge fund Qube Research & Technologies has disclosed a $105m short position in Trump Media & Technology Group, the parent company of Truth Social, according to a report by Reuters, citing a regulatory filing with Germany’s federal gazette, Bundesanzeiger.
Man Group’s flagship quant strategies are facing steep losses in 2025, with several funds down double digits year-to-date as heightened market volatility tests the resilience of trend-following models, according to a report by Bloomberg.
