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.

Asia-focused hedge funds saw a dramatic performance split in April, as volatility triggered by US President Donald Trump’s abrupt tariff policy swings created both standout winners including True Partner Fund, and severe laggards across the region, according to a report by Bloomberg.

Hedge funds delivered resilient performance in April despite heightened market volatility triggered by tariff policy shifts, according to new data from Citco, the global asset servicer with over $2tn in assets under administration.