Flows
Hedge funds saw an estimated $9.9bn in investor withdrawals during March, a big increase on the $780m seen in February as the industry’s run of net outflows stretched to 22 consecutive months, according to a new report from Nasdaq eVestment.
Hedge fund allocations by ultra high net worth individuals (UHNWIs) have fallen to 2% of their investment portfolios from around 12% over the past 16 years, and the asset class is effectively “dead” as an investment opportunity for the super rich, according to a report by CNBC citing Michael Sonnenfeld, Founder and Chairman of Tiger 21 — a network of UHNWIs and entrepreneurs.
Digital asset investment products saw outflows for the third consecutive week last week totalling $435m, marking the largest outflows since March this year, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Digital asset investment products saw outflows for the second consecutive week totalling $206m, with trading volumes in ETPs dipping slightly at $18bn, according to the latest Digital Assets Fund Flows Weekly from CoinShares.
Digital asset investment products saw minor outflows totalling $126m last week, with investors becoming hesitant as the sector’s recent positive price momentum has stalled, according to the latest Digital Assets Fund Flows report from CoinShares.
Digital asset investment products continued to benefit from positive investor sentiment last week with inflows totalling $646m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Digital asset investment products saw a recovery in sentiment with inflows totalling $862m last week, almost fully recovering the prior week’s record $931m outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Astignes Capital Asia Pte, a Singapore-based hedge fund firm focused on macro and relative value investments in the Asia-Pacific region, is opening its new Astignes Systematic RV Macro Fund to outside investors from April, according to a report by Bloomberg.
Clients of ExodusPoint Capital Management, the $12bn multi-strategy hedge fund firm founded by Michael Gelbrand, pulled about $1bn in funds from the New York-based firm during 2023, the second straight year of withdrawals, according to a report by Bloomberg.
Digital asset investment products saw record weekly outflows totalling $942m, following a record seven-week run of inflows totalling $12.3bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
