Funds
RPD Fund Management’s RPD Fortress Fund, which combines deep-value equity research with cash-covered option writing, has continued its consistent performance streak, delivering positive returns in 32 of the 33 months since its inception.
UK-based hedge fund giant Marshall Wace delivered solid returns in October, with two of its flagship strategies posting gains amid a strong year for systematic equity trading, according to a report by Reuters citing an unnamed source familiar with the matter.
Brevan Howard, one of the world’s largest hedge funds, has made a $200m allocation to Catalio Capital Management’s Public Equities Fund, a healthcare-focused strategy, according to a report by Reuters, citing people familiar with the matter.
Hedge funds continued their strong run in October, with the HFRI Fund Weighted Composite Index (FWC) advancing for the sixth consecutive month, led by Macro and Healthcare-focused strategies, according to new data from hedge fund fund index and analysis specialist HFR.
Multi-strategy hedge fund major Citadel’s flagship Wellington fund delivered a 1.8% gain in October, extending its strong performance for the year, according to a report by Reuters citing an unnamed source familiar with the matter.
October proved largely positive for major hedge funds, including Millennium Management, Citadel, and Balasny Asset Management, despite brief market volatility tied to US-China trade developments, according to a report by Business Insider.
Former TCI partner Edgar Allen’s flagship High Ground Investment Management fund, which invests in global equities, rose 2.5% in October, bringing its year-to-date returns to 30%, according to a report by Financial News London citing unnamed people familiar with the matter.
Singapore-based hedge fund Dymon Asia has delivered a strong 14.8% return so far in 2025, extending its gains after a 1.6% advance in October, according to a report by Financial News London citing unnamed people familiar with the matter.
Multi-strategy hedge fund major Millennium Management is raising $5bn for a new vehicle focused on private-market opportunities, marking a significant expansion beyond its traditional focus on liquid assets, according to a report by Bloomberg.
A surge in convertible bond issuance has delivered standout returns for a specialist team at LMR Partners, with the group’s Convertible and Capital Structure Arbitrage Fund up around 30% year-to-date, marking one of the firm’s strongest performances on record, according to a report by Bloomberg.
