Funds
Millennium Management managed, by Izzy Englander (pictured) posted a 2.1% loss in July as the sharp reversal in artificial intelligence and semiconductor stocks dented equity portfolios across the hedge fund industry, according to a report by Bloomberg.
Coatue Management suffered its steepest monthly decline in more than a year in July, as the sharp sell-off in artificial intelligence and semiconductor stocks weighed heavily on the technology-focused hedge fund, according to a report by Bloomberg.
AQR Capital Management’s rapid rise to become the world’s largest hedge fund manager has been driven not only by investment performance but also by surging demand for sophisticated tax-aware investment strategies among wealthy individuals, according to a report by Bloomberg.
Senior Millennium Management portfolio manager Farzad Kassam is preparing to launch his own hedge fund next year, with backing from Izzy Englander’s multi-strategy investment firm in the latest example of established platforms seeding new managers, according to a report by Bloomberg.
A hedge fund managed by Hong Kong-based Jupiter Research Capital lost more than 40% of its value in July, highlighting the severe impact that the global sell-off in AI-related stocks has had on quantitative investment strategies, according to a sport by Bloomberg.
Asia-focused equity hedge funds are on track to record their largest monthly losses on record after a sharp sell-off in artificial intelligence-related stocks triggered a rapid unwinding of one of this year’s most profitable investment themes, according to a report by Reuters citing a note from Goldman Sachs.
Hedge funds linked to Liang Wenfeng, the billionaire founder of DeepSeek, emerged among the biggest beneficiaries of the record-breaking initial public offering of Chinese memory chipmaker CXMT according to a report by Bloomberg.
Global hedge fund industry assets rose by a record $409.3bn in the second quarter to reach $5.6tn, as strong investment performance and continued investor inflows drove the sector’s 15th consecutive quarterly expansion, according to HFR.
Hedge funds delivered their strongest quarterly performance of the decade so far in the second quarter of 2026, with equity, global macro and multi-strategy funds leading a broad-based rebound and investor inflows reaching a new high, according to Citco.
Asia-focused hedge funds, including WT China Fund and Keystone Investors are suffering a sharp reversal in fortunes this month after riding a powerful rally in artificial intelligence and semiconductor stocks through the first half of 2026, according to a report by Bloomberg.
