Funds
Global hedge funds extended their China equity sell-off for a fourth consecutive week, as the recent enthusiasm for Chinese tech stocks – driven by low-cost AI startup DeepSeek – began to fade, according to a report by Reuters.
BlueCrest Capital Management, the investment firm led by billionaire Michael Platt, has posted nearly 15% gains so far in 2025, outpacing several of its high-profile hedge fund peers, according to a report by the Financial Times.
London-based macro hedge fund firm Rokos Capital Management has delivered a 0.57% return so far in 2025, despite a 0.29% decline in February, according to a report by Reuters citing an unnamed source familiar with the matter.
EDL Capital, the macro hedge fund led by Edouard de Langlade, has posted a 17% return so far in 2025, significantly outperforming broader hedge fund benchmarks, according to a report by Reuters citing an unnamed source familiar with the matter.
Hedge fund Millennium Management posted a 1.3% loss in February, marking its worst monthly performance in over six years, with the rare setback being driven by around $900m in losses across two investment teams, according to a report by the Wall Street Journal.
Hedge funds suffered a significant setback last week, with stock pickers and multi-strategy funds surrendering nearly half of their 2025 gains in a sharp, tech-driven equity selloff, according to a note from Goldman Sachs.
Hedge fund Triata Capital posted an impressive 39% gain in February, fuelled by bullish bets on AI software and data centre stocks as advancements at DeepSeek and Unitree Robotics helped drive a broader rally in Chinese equities, according to a report by Bloomberg.
Event-driven multi-strategy investment firm Taconic Capital is actively raising capital for its latest opportunistic fund, the European Credit Dislocation Fund IV, according to a report by Institutional Investor, citing sources familiar with the matter.
The South African hedge fund industry has marked a banner year in 2024, with assets under management (AUM) growing by 34%, reaching ZAR185.1bn as of December 2024 – a significant leap from ZAR138bn seen at the end of 2023, according to a report by CityWire.
Market volatility in February dealt a blow to several major hedge funds, including Millennium Management, Citadel, and Jain Global, as crowded trades and unexpected macro shifts disrupted key strategies, according to a report by Bloomberg.
