Funds
Amundi has partnered with Machina Capital SAS, a specialist in mid-frequency quantitative strategies with a market-neutral approach, to launch the Amundi Machina Systematic Equity Fund, marking the beginning of a new relationship between the firms.
Hedge funds delivered their highest annual return since the start of the decade in 2024, achieving a weighted average return of 15.7%, the highest since 2020’s 18.3% weighted average return, new data from Citco reveals.
Janus Henderson’s biotechnology hedge fund has experienced a surge in demand, particularly among Asia-based family offices, driving the firm’s overall growth in the region, with assets jumping from $800m in November 2023 to over $2bn by September 2024, according to a report by CityWire.
Asia hedge funds experienced a strong recovery in 2024, with many achieving double-digit gains, in a surge driven by a rebound in Chinese stocks, a record-breaking equity rally in Japan, and strategic trades across diverse markets, according to a report by Reuters.
RBC BlueBay Asset Management’s Emerging Market Credit Alpha Fund delivered a standout 21% return in 2024, significantly outpacing the 14% average for emerging-market (EM) debt hedge funds, according to a report by Bloomberg.
Former Millennium portfolio manager Robert Bonte-Friedheim is gearing up to launch a London-headquartered equity hedge fund, Scarlet Macaw Capital, that will begin trading during the second quarter of the year with $200m, according to a report by Financial News.
Lombard Odier Investment Managers (LOIM) has launched DOM Global Macro – a new liquid, diversified absolute-return UCITs strategy – as the firm continues to expand its Alternatives franchise for institutional and private clients.
Seth Klarman’s Baupost Group, once a standout in the hedge fund world, has seen its clients withdraw approximately $7bn over the past three years as the firm grappled with underwhelming returns, according to a report by Bloomberg.
London-based digital assets hedge fund manager Nickel Digital Asset Management (Nickel) achieved a record net annual return of 34.9% in 2024 for its systematic Diversified Alpha Fund, according to data from BarclayHedge.