Digital Assets Report

Flows

Digital asset investment products saw inflows totalling $293m last week, bringing this current seven-week run of inflows to over $1bn in total, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Investors pulled $667m from Sculptor Capital Management’s main hedge fund during the third quarter of the year marking the sixth consecutive quarter of net redemptions for the fund, according to a report by Bloomberg.
Digital asset investment products saw inflows totalling $261m, representing the sixth week of consecutive inflows that now total $767m, surpassing the total inflows of $736m seen in 2022, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Hedge funds lost money in September, according to SS&C Technologies, with the gross return of the S&C GlobeOp Hedge Fund Performance Index measuring -0.24% for the month. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.98% in October.
Net outflows from the hedge fund industry totalled $80bn for the year to 18 October despite net profits hitting around $119bn according to a report by Reuters citing a new report from hedge fund specialist Aurum Funds.
Digital asset investment products saw inflows of $326m last week, which represents the largest single week of inflows since July 2022, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Doug Haynes, a former President at Steve Cohen’s Point72 Asset Management until he resigned in 2018 having been named a defendant in a sexual discrimination lawsuit which was settled in 2020, is looking to raise $1bn for his new fund Norias, according to a report by Business Insider.
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its mulitmesas (multi-strategy) unit.
Digital asset investment products saw inflows for the third consecutive week last week totalling $15m, although trading volumes remain 27% below the 2023 average, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Priya Kodeeswaran, a former long-short manager at Man Group and Portfolio Manager at Millennium Management, is to serve as both Founder and Chief Investment Officer of his newly-launched hedge fund, Katamaran Capital, according to a report by Bloomberg.

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