Funds
Investors pulled USD4.18 billion hedge funds in January, starting 2022 on a slight down note for the sector, according to the eVestment January 2022 Hedge Fund Asset Flows Report.
The outflows come on top of January 2022’s industry performance also being negative, at -1.74 per cent as reported by eVestment earlier this month. With both investor redemptions and performance declines in January, hedge fund industry AUM stood at USD3.570 trillion at the end of last month.
January outflow and performance figures might give investors and hedge fund professionals pause. But eVestment Global Head of Research and report author Peter Laurelli
Alpha Whale Fund is about to be the first NFT project to ever run a community crypto hedge fund with the imminent release of 5,000 unique NFTs.
The Alpha Whale Fund is more than a traditional NFT because holders will have access to a vault accumulation fund, where 50 per cent of proceeds from NFT sales, mint, and royalties are shared. Alpha Whale Fund’s primary focus is building long-term, hands-off wealth for its community. This is why each holder will receive a share of the vault’s holdings based on the number of NFTs held.
Alpha Whale Fund will be sending
The Blackstone Private Credit fund (BCRED) has reported a net return of 12.4 per cent since launch and an 8.5 per cent distribution yield for 2021, according to a report by Barron’s Online.
While the S&P 500 was down more than 5 per cent during the first month of 2022, and the Bloomberg US Aggregate Bond Index, was down more than 2 per cent, BCRED chalked up a return of almost 1 per cent.
Q4 was another solid quarter for hedge funds, with most strategies and all AUA categories delivering positive results, according to the Citco 2021 Q4 Hedge Fund Update.
Overall weighted average returns for hedge funds were 1.52 per cent.
The quarter once again largely continued a trend for funds on the Citco platform with net positive inflows for the months intra-quarter, and the quarter-end trading cycle experiencing some net outflows. In aggregate, investors added a net total of USD5.7 billion over the whole three-month period.
In terms of flows into and out of strategies, Private Capital Hybrid saw impressive net capital
Macro hedge fund Brevan Howard Asset Management had one of its best ever trading days on 4 February, according to a report by Bloomberg.
The firm benefitted from bets on short-term euro rates after the ECB signalled that it may begin to start raising interest rates this year. Star trader Fash Golchin who chalked up record losses last year, is said to have made 8 per cent, according to unnamed sources.
The firm’s multi-trader Alpha Strategies platform, plus several other managers including Louis Basger, Minal Bathwal and Alfredo Siatta, are also said to have made gains.
Trium Capital, a multi-PM alternatives asset manager based in London and Dublin, has launched the Trium Alternative Growth Fund as investor demand for uncorrelated returns strategies continues to grow in the face of higher market volatility and rising inflation.
The hedge fund industry experienced net outflows in December with USD20.4 billion in redemptions, equivalent to a -0.44 per cent reduction in industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
BarclayHedge has ranked the AXS Multi-Strategy Alternatives Fund (KCMTX) as the No1 performer among 83 funds in the Macro category for 2021.
Each year, BarclayHedge identifies top-performing funds based on quantitative data from BarclayHedge Databases.
KCMTX caters to investors seeking the ability to participate in the potential for equity market upside, while actively managing downside risk. The Fund is an equity-focused macro strategy that has benefited investors by virtue of its unique flexibility to invest globally and tactically, including long/short, across all asset classes. The Fund focuses on long-term growth of capital while seeking to manage volatility and market risk.
Yieldstreet, a digital alternative investment platform dedicated to providing access to exclusive private market opportunities, has partnered with Pantera Capital to introduce its first-ever crypto fund, Pantera Early Stage Token Fund I.
The Yieldstreet fund offers investors access into a Pantera fund that has generated a lifetime return of over 1,400 per cent through December 2021. The Pantera fund is expected to continue making direct investments in pre-ICO tokens created by teams and entrepreneurs who are building new protocols in the blockchain ecosystem. Prior pre-ICO investments the Pantera fund has made include polkadot, amp, and aurora.
Yieldstreet plans to launch
Macro hedge fund Caxton Associates is said to be bucking an industry trend by raising fees rather than reducing them, according to a report by the Financial Times (FT).
