Funds
Hedge funds posted encouraging results for the first half of 2025, overcoming market turbulence tied to US trade policy uncertainty and capitalising on surging equity markets, according to a report by Reuters citing new data from Goldman Sachs.
AQR Capital Management, led by billionaire investor Cliff Asness, has delivered double-digit returns across multiple strategies in the first half of 2025, according to a report by Reuters citing an unnamed source familiar with the matter.
King Street Capital Management has closed its latest European real estate special situations fund at $950m, reaching its hard cap in just 12 months as signs of distress return to the continent’s property market, according to a report by Bloomberg.
Ken Griffin’s $66bn hedge fund Citadel posted a modest 2.5% gain in the first half of 2025, falling behind smaller multi-manager rivals Balyasny and ExodusPoint, which returned 7.3% and 9.3%, respectively, according to a report by the Financial Times.
Whetstone Capital, the $250m hedge fund known for its contrarian deep-value approach, posted a 21% return in May – its best monthly performance since inception – by doubling down on unloved and mispriced growth names left behind during recent market dislocations, according to a report by MarketWatch.
TOP STORY: Bridgewater Associates’ flagship Pure Alpha fund gained 17% in the first half of 2025, outperforming the broader hedge fund industry amid a volatile macro backdrop, according to a report by Reuters citing an unnamed source familiar with the firm’s performance.
Digital asset investment products saw attracted totalling US$2.7bn last week, the 11th consecutive weeks of inflows, bringing H1 totals close to last year’s total of $17.8bn, according to a the latest Digital Asset Fund Flows Weekly report from CoinShares.
Quant hedge fund Engineers Gate has topped $4bn in assets under management and grown its portfolio manager count to over 75, capping off a multi-year rebound marked by strong double-digit returns, according to a report by Business Insider.
SS&C Technologies’ GlobeOp Forward Redemption Indicator, which tracks forward redemption notices from investors in hedge funds administered by SS&C GlobeOp, fell to 2.27% in June 2025, down from 2.34% in May and below the five-year average of 2.75%.
Tech-focused hedge fund Whale Rock Capital significantly trimmed losses in May, with its flagship hybrid fund gaining 8.7%, halving its year-to-date decline to 8.7%, according to a report by Institutional Investor citing sources familiar with the matter.
