The BlackRock Strategic Equity Hedge Fund, which is managed by star manager Alister Hibbert, was back in positive territory last year with a double-digit gain, having suffered its worst ever annual loss in the previous year, according to a report
San Francisco-based activist hedge fund firm ValueAct Capital, whose past targets have included Salesforce and Microsoft, scored a big gain form investors last year with the firm chalking up a 39% return, according to a report by Reuters.
The Securities and Exchange Commission has finally confirmed that it is to permit the creation and trading of spot bitcoin exchange-traded funds, with issuers and analysts anticipating billions of dollars of new flows as a result.
Multi-strategy major Millennium Management has named seven new Partners, including 35-year-old former Goldman Sachs Managing Director Dan Avery, who joined the firm as an index trader in October 2020, according to a report by eFinancial Careers.
Rokos Capital Management, the macro trading hedge fund firm founded by Chris Rokos, overturned early-year losses to end 2023 with an 8.8% gain, despite suffering a loss in the final month of the year, according to a report by Bloomberg.
FinchTrade, a Swiss company specialising in liquidity provision and investment tools in the cryptocurrency sector, has formed a new partnership with Cypator, an institutional crypto Electronic Communication Network.
Multi-strategy major Millennium Management has provided $3bn to support the launch of Taula Capital, a new macro hedge fund, by former Millennium portfolio manager Diego Magia, according to a report by the Financial Times.
Elliott Investment Management, the prominent activist hedge fund firm founded by Paul Singer, has built a roughly $1 bn stake in Match, the parent company of Tinder, Hinge and other dating platforms, according to a report by the Wall Street
Doubts over growth in oil consumption during 2024 prompted hedge funds and other investors to resume selling petroleum futures and options, especially those tied to crude, after two weeks of purchases, according to a report by Bloomberg.
Hedge fund performance surged through year-end, with December showing an acceleration in gains driven by a decline in inflation, falling bond yields, and structural developments in cryptocurrency, according to HFR.
