Funds
Jupiter Asset Management has launched GEARx, a higher-leverage version of its flagship Merian Global Equity Absolute Return (GEAR) strategy, targeting sophisticated professional investors via its new Cayman Islands-domiciled hedge fund platform.
TOP STORY: Several of the world’s largest multi-strategy hedge funds – including Citadel’s flagship Wellington fund and Millennium Management – delivered only modest returns in May, trailing the broader equity market rebound led by the S&P 500, which gained 6.2%, its strongest monthly performance since November 2023, according to a report by Business Insider.
Arrowpoint Investment Partners, a Singapore-based multi-strategy hedge fund backed by Blackstone, Canada Pension Plan Investment Board, and Temasek’s Seviora, generated strong gains in May by exploiting market dislocations across equities, currencies, and fixed income, according to a report by Business Times.
China-based hedge fund Evolution Asset Management’s flagship fund Multi-Strategy No1 is up almost 20% YTD, and has now returned a staggering 1,485% since inception in 2015, according to a report by Bloomberg citing data from Shenzhen PaiPaiWang Investment & Management Co.
Digital asset fund inflows totalled $3.3bn last week, pushing YTD inflows to a record $10.8bn and total AuM to an all-time high of $187.5bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge funds are stepping up strategic plays on the South Korean won, positioning for a rally akin to the Taiwan dollar’s sharp appreciation against the US dollar this month, according to a report by Bloomberg.
Asian equity hedge funds staged a strong comeback in May, recouping losses sustained in April’s tariff-fuelled sell-off and returning to year-to-date performance highs, according to a report by Reuters citing a recent Goldman Sachs note.
Germany’s oldest private bank, Berenberg, has launched a new UCITS-compliant merger arbitrage fund, offering investors access to a market-neutral strategy designed to capture deal spreads from announced M&A transactions.
Macro hedge fund EDL Global Opportunities is one of the standout performers of 2025, posting a 31% gain year-to-date –even as its founder admits his bearish stance on US equities has come at a cost, according to a report by Bloomberg.
Blue Diamond Asset Management, the Swiss hedge fund known for its volatility-focused strategies, suffered its worst-ever monthly loss in April amid a sharp reversal in global risk sentiment triggered by tariff turmoil, according to a report by Bloomberg.
