Flows
Pictet Asset Management has expanded its $9bn actively managed Total Return franchise with the launch of the Lotus Offshore Fund Ltd, an event-driven, special situations Asia Long/Short equity fund, offered as a quarterly-dealing Cayman-domiciled strategy.
- 11/08/2023
Nearly two-fifths (39%) of asset owners in Europe that already invest in hedge funds are expecting to increase their allocations over the coming 12 months, according to the latest Cerulli Edge – Global Edition.Â
- 10/08/2023
Digital assets investment products saw outflows this week totalling $107m as the profit taking seen in recent weeks continued to gather pace, according to the latest Digital Asset Funds Flows Weekly report from CoinShares.
- 08/08/2023
Large institutional investors, including pension funds and insurance companies, are looking to up their allocations to credit and equity hedge fund strategies between now and the end of the year, according to a report by Reuters.
- 07/08/2023
A total of $600m has now been withdrawn from Odey Asset Management’s funds in the wake of multiple allegations of sexual assault and misconduct levelled against the firm’s founder Crispin Odey, according to a report by MorningStar.
- 04/08/2023
- 04/08/2023
European credit hedge funds are the most in-demand strategy among investors for the second half of the year, with a net 14% keen to up their allocations by the end of 2023, according to a report by Reuters citing data from a survey by Barclays.
- 31/07/2023
Digital asset investment products saw minor outflows totaling $6.5m last week, following four weeks of inflows that totaled a combined $742m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin was the primary investor focus, as has recently been the case, seeing $13m of outflows, while short bitcoin investment products saw outflows for the 13th consecutive week totaling $5.5m.
Ether topped the inflows leaderboard last week, attracting $6.6m inflows, suggesting sentiment for the cryptocurrency, which has been poor this year despite the so-called Merge in September 2022 when ether switched from a proof-of-work to a proof-of-stake
- 25/07/2023
The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to diversify its investments, according to a report by the Financial Post.
The CPPIB, which manages $570 billion in assets, will spread funding among more firms as part of its emerging manager programme by reducing the starting amount they invest with each fund. Each will receive amounts starting from US$50 million, down from US$100 million, a person familiar with the matter said.
The move comes as startup hedge funds face an increasingly launch environment, with larger multi-strategy
- 24/07/2023