Funds
Quantitative hedge funds specialising in trend-following strategies are facing one of their toughest years in decades, as sharp reversals, policy shocks and sideways markets confound the models they rely on to detect and ride sustained price trends, according to a report by The Wall Street Journal.
Point72 Asset Management, the multi-strategy hedge fund led by billionaire investor Steve Cohen, is set to launch its first venture capital fund open to external clients, with a sharp focus on the rapidly evolving defence technology sector, according to a report by Bloomberg
Carrhae Capital, a London-based emerging markets hedge fund, is preparing to launch a $700m long-only strategy that will exclude China entirely – responding to growing demand from US institutional investors seeking to remove Chinese exposure from their portfolios, according to a report by Bloomberg.
Equity long-short hedge funds are experiencing a notable resurgence in 2025, attracting $10bn in H1 net inflows – their first positive inflow period in nearly a decade – as volatile markets create stock-picking opportunities, according to a report by the Financial Times.
Brevan Howard Asset Management’s star macro trader Minal Bathwal has delivered a standout first-half performance, with his flagship MB Macro Master Fund gaining 9.8% through June, according to a report by Bloomberg citing unnamed people familiar with the matter.
Steve Barclay, a former senior portfolio manager at Millennium Management, has launched a new energy-focused hedge fund, Saber Capital, with seed backing from institutional allocator New Holland Capital, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Pure Crypto delivered over 11x net returns from January 2018 through December 2024 — making it the best-performing hedge fund-of-funds across all strategies globally since launch, based on a review of multiple hedge fund databases.
Hedge funds delivered strong performance in the first half of 2025, returning 11% year-to-date after a sharp Q2 rebound that saw average returns reach 8.3%, according to new data from asset servicing solutions specialist Citco.
Third Point, the New York-based hedge fund firm founded by Daniel Loeb, has held a $400m first close for its Insurance Solutions Fund I, marking the firm’s first dedicated private credit strategy tailored for insurance companies, according to a report by Alternative Credit Investor.
Sean Murphy, a former portfolio manager at Citadel, is launching Jerpoint Capital, a new hedge fund backed by Qube Research & Technologies, which is providing $200m in seed capital to the venture, according to a report by Bloomberg.
