Funds
Some of the most popular hedge funds have plummetted in value by -26.4% YTD, according to a report from CNBC.
Hedge funds have made $1.25 billion by betting against the shares of Danish company Amnu’s top shorts, according to a report from Bloomberg.
More than four in five fund managers (83%) agree that they can leverage blockchain technology to grow their markets as financial services become more transparent, new global research from digital assets marketplace Token City shows.
April was a difficult month in the financial markets, with the aggregate industry return at -1.68% for the month, dragging year to date (YTD) returns further into the red at -2.59%, according to the April 2022 eVestment hedge fund performance data.
The hedge fund Tiger Global has lost $17 billion throughout this year’s tech selloff, one of the biggest dollar declines for a hedge fund in history, according to a report from the Financial Times.
As his hedge fund experiences record losses amid a sharp decline in stocks, Alister Hibbert, BlackRock’s $100 million money manager, has turned bearish, according to a report from Bloomberg.
Since the collapse of a group of its hedge funds two years ago, Allianz SE has lost a total of $5.9 billion, with investors claiming to have lost billions from the fund collapse, according to a report from Bloomberg.
BNP Paribas Asset Management (BNPP AM) has launched a BNP Paribas Sustainable Asian Cities Bond fund, a Luxembourg-domiciled sustainable thematic fixed income fund offering investors exposure to a differentiated strategy that is both regional and thematic.
This is the first Asia-focused fixed income strategy in the market classified as SFDR Article 9 and will focus on Asia ex-Japan bonds, to capitalise on a geographic region that is experiencing strong growth in the issuance of sustainable-labelled bonds.
The fund will contribute to the promotion of sustainable Asian cities to meet the challenges of increased urbanisation, impacts of physical climate change and
Hedge funds posted gains in April, as global equities and bonds suffered historic declines, accelerating an unprecedented hedge fund outperformance trend driven by powerful, broad-based gains across macro sub-strategies, according to data released today by HFRI.
Pangea Fund Management, a new company formed by Ryan Watkins and Daniel Cheung, has secured $85 million to start a new crypto hedge fund, According Roma report by Bloomberg.
Bucking the digital assets space trend which has seen lots of managers back early-stage projects, the fund will focus on investments in already successful tokens.
The fund will focus on investment co-founded a long-only crypto fund for already successful tokens, when many funds in the digital-asset space are focusing on early-stage projects.
Investors backing Watkins, a 25-year-old former analyst at Messari Inc, and Cheung, who worked at Jennison Associates LLC, include
