Funds
BlackRock is overhauling its flagship quantitative investment strategy in a bid to compete more directly with traditional hedge-fund heavyweights, according to a report by the Financial Times.
Hedge funds posted a 1.42% gross return in October, according to the Hedge Fund Performance Index from SS&C GlobeOp, one of the industry’s largest administrators, servicing funds representing roughly 10% of global hedge fund assets.
TOP STORY: Michael Burry, the investor famed for his prescient bet against the US housing market that inspired the film The Big Short, has closed his firm Scion Asset Management, liquidating its funds and returning capital to investors, according to a report by Reuters citing a letter to investors.
Major hedge-fund firms are expanding into private-markets investing, leveraging their risk-pricing capabilities and talent infrastructure to compete in areas traditionally dominated by buy-out and venture-capital players, according to a report by Bloomberg.
Chris Rokos’ macro hedge fund, Rokos Capital Management, has achieved returns exceeding 20% in 2025, standing out in a year that has been challenging for the broader macro hedge fund sector, according to a report by Financial News London.
Discovery Capital Management, the macro hedge fund founded by Rob Citrone, continues to delivered standout performance, with returns exceeding 33% year-to-date following a strong 6.6% gain in October, according to a report by Financial News London.
Hedge fund Elliott Investment Management is undertaking efforts to reassure its investors after revealing that its long-term returns have lagged the S&P 500, according to a report by the Financial Times.
Veteran investor Jim Chanos has closed out his long-standing short position against Strategy Inc, according to a report by Bloomberg. The wager had focused on Strategy’s crypto holdings.
Hedge fund manager Two Sigma Investments has emerged as a leading investor in China after its equity strategy in the country rose approximately 52% through 30 September, according to a report by Bloomberg. The company’s total assets under management in China has reached CNY10bn ($1.4bn).
Hedge-fund manager Point72 Asset Management has reported gains of approximately 30% for its new Turion fund this year, driven by strong performance in artificial intelligence related equities, according to a report by Bloomberg.
