Funds
Hedge funds endured their sharpest monthly underperformance against the S&P 500 in more than two decades in July, as a reversal in AI stocks forced managers to cut positions and reduce exposure to some of the market’s most crowded trades, according to a report by CNBC citing data from Goldman Sachs.
Hamza Lemssouguer’s Arini Capital Management suffered a sharp setback in July, with its flagship hedge fund falling about 8% after several credit positions moved against the London-based manager, according to a report by Bloomberg citing unnamed people familiar with the results.
Rokos Capital Management and Brevan Howard Asset Management were among a group of prominent hedge funds to suffer losses in July as sharp swings in artificial intelligence stocks disrupted strategies across the industry, according to a report by Bloomberg.
China’s macro hedge funds, including Bridgewater Associates’ China business, proved more resilient than many of the country’s quantitative strategies during July’s sharp equity market selloff, according to a report by Bloomberg.
Bill Ackman’s Pershing Square is preparing to launch a new investment vehicle designed to give investors access to privately held companies before they reach public markets, extending the firm’s expansion beyond its traditional concentrated public-equity strategy, according tp a report by Bloomberg.
Viridian Asset Management, the Hong Kong hedge fund firm founded by former Segantii Capital Management portfolio manager Pascal Guttieres, grew assets to $680m after attracting a new investor and generating strong returns during July’s market turmoil, according to a report by Bloomberg.
Value Aligned Research Advisors, a hedge fund built around the artificial intelligence investment theme, suffered a 44% loss in July as a sharp selloff in AI-related stocks hit crowded positions across the sector, according to a report by Bloomberg.
Technology-focused hedge funds suffered their steepest monthly decline since the global financial crisis in July as a sharp reversal in AI-related equities hit managers concentrated in the sector, according to a the latest data from HFR.
Several of Asia’s largest multi-strategy hedge funds posted their steepest monthly losses of the year in July as a sharp reversal in semiconductor and AI -related stocks across the region erased a portion of the strong gains generated during the first half of 2026, according to a report by Reuters.
Altimeter Capital Management’s hedge fund fell 11% in July, joining a growing list of investment firms that suffered double-digit losses as the sharp reversal in AI-related stocks rattled hedge fund portfolios, according to a report by Bloomberg.
