Flows
Australia’s $2.6tn pension market, one of the world’s fastest-growing pools of retirement capital, is reducing its hedge fund investments amid growing regulatory scrutiny over fees and performance, according to a report by Bloomberg.
Nickel Digital Asset Management, a London-based investment manager offering digital asset strategy solutions for institutional investors, has allocated over $100m to quantitative systematic crypto traders through its diversified alpha fund.
Digital asset investment products saw a third consecutive week of outflows last week although at $30m, the total represented a significant reduction in recent outflows, according to the latest Digital Assets Fund Flows Report from CoinShares.
Emerging markets hedge funds saw accelerated gains through mid-2024, according to the latest data from Hedge Fund Research.Â
Hedge funds saw notable gains in May, benefiting from a resurgence in global equity markets fuelled by historically low unemployment and stable or slowly declining inflation rates, according to PivotalPath’s Composite Index.Â
Fixed income arbitrage and global macro strategies were May’s top performers with weighted average returns of 2.7% and 2.6% respectively, according to the latest monthly report on hedge funds from Citco, the $1.8tn global alternative investment asset servicer.Â
Crypto hedge funds have dramatically reduced their bitcoin exposure to levels not seen since October 2020, according to a report by The Block citing recent data from ETC Group.Â
Hedge fund managers focusing on mergers and acquisitions have outperformed those using other strategies, achieving a 7.7% return in the first five months of 2024, according to a report by Reuters citing a Goldman Sachs client note.Â
Dmitry Balyasny’s hedge fund, Balyasny Asset Management, has reduced its headcount by nearly 18% to 219 employees by the end of 2023, down from 266 in the previous year, according to a report by Financial News citing the firm’s latest financial reports.Â
Digital asset investment products saw inflows totalling $2bn last week, bringing the current five-week run of inflows to $4.3bn, according to the latest digital assets fund flows weekly report from CoinShares.
