Funds
Leveraged hedge funds and non-commercial traders significantly reduced their net short positions on US 10-year Treasury futures to their lowest levels since early July, according to a report by Reuters.
International hedge funds and private equity firms are increasingly investing in Lloyd’s of London’s tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times.
Hedge funds earned $1.8tn in fees from 1969 through to the end of December 2024, which equates to approximately half of the profits made from their trading activities, according to a report by Reuters citing data released by LCH Investments.
The Bitcoin Opportunity Fund, a hedge fund aiming to deliver higher risk-adjusted returns through diversification within the bitcoin ecosystem, has revealed plans to raise $50m for its second fund, Fund II.
Chinese hedge fund managers are rapidly introducing products modelled after Bridgewater Associates’ renowned “All Weather” strategy to meet surging investor demand for tools to navigate potential volatility anticipated under Donald Trump’s second US presidency, according to a report by Reuters.
Global hedge funds saw a slight dip in performance in the last month of 2024 according to SS&C GlobeOp, with the firm’s Hedge Fund Performance Index, an asset-weighted, independent monthly measure of fund performance indicating a 0.10% decline in December.
Investors pulled out of Brazilian hedge funds at an unprecedented rate in 2024, as rising interest rates and turmoil in local markets led to a second consecutive year of underperformance for the struggling sector, according to a report by the Financial Post.
Asian hedge funds achieved their strongest performance in 15 years in 2024, leveraging market volatility, winners in China’s uncertain economy, and opportunities in artificial intelligence (AI), according to a report by Reuters.
Hedge funds saw a successful year in 2024, achieving average global gains of 12.1%. Equity long-short managers led the way, with several other strategies delivering double-digit returns, according to a report by Investing.com citing data from Goldman Sachs.
Steven Cohen’s Point72 Asset Management has achieved a 14% gain with its newly launched artificial intelligence (AI)-focused fund, reaching nearly $1.5bn in assets within just three months, according to a report by Reuters citing sources familiar with the matter.
