Funds
Hedge funds continued their strong performance in August, returning 2.3% and bringing year-to-date gains to 14.1%, according to the latest monthly Hedge Fund Update report Citco, the e world’s largest hedge fund administrator, managing over $1tn in AUA.
Little Harbor Advisors is launching a multi-manager, short-only hedge fund to capitalise on perceived market vulnerabilities, with a particular focus on financials, real estate, private equity vehicles and solar energy, according to a report by MorningStar.
Quantitative hedge fund AlphaQuest, which rebranded from Quest Partners earlier this year to signal its “alpha-driven” approach, has posted an 11.4% decline in 2025 up to the end of August, according to a report by Bloomberg.
DE Shaw & Co, the New York-headquartered tech-driven hedge fund giant, is raising $3bn–$5bn for its new Cogence Fund, marking the firm’s first multi-strategy hedge fund run entirely by human traders rather than algorithms, according to a report by Bloomberg.
Brazilian hedge funds including Ibiuna Investimentos and Ace Capital, are outperforming as falling inflation strengthens expectations for rate cuts, with several managers benefiting from positions in local interest rate swaps and the real, according to a report by Bloomberg.
Hedge funds posted a 1.71% gross return in August 2025, according to the latest SS&C GlobeOp Hedge Fund Performance Index, while net investor flows in September rose 0.46%, as measured by the SS&C GlobeOp Capital Movement Index.
Atsushi Sakano, a former Partner at Hong Kong-based Aspex Management, is launching Tenucia Partners, a new long-short hedge fund focused on Asian equities, according to a report by Reuters citing unnamed sources familiar with the plans.
Taconic Capital Advisors is closing its $1.8bn multi-strategy Opportunity Fund in a sweeping overhaul that will see the $4.5bn manager refocus on North American credit and merger arbitrage investments, according to a report by Bloomberg citing a recent letter sent to investors.
Bill Ackman’s Pershing Square Holdings is one of this year’s standout hedge fund performers, with the London-listed vehicle up 25.3% through early September, far ahead of the S&P 500’s 11.7% gain, according to a report by Barron’s.
VistaShares has launched a new exchange-traded fund designed to mirror the equity positions of Pershing Square Capital Management founder Bill Ackman, one of Wall Street’s most prominent activist investors, according to a report by Bloomberg.
