Funds
Asia hedge fund launches fell to the lowest level seen in 14 years last year, with just 62 new funds making their debut. China-focused funds accounted for less than 25% of that total, with just 15 of the newcomers focused on the world’s second biggest economy, according to a report by Reuters.
- 29/02/2024
Former AllianceBernstein CIO Bob Kim is to launch Ascendance Asset Management, a new multi-strategy hedge fund firm that will employ artificial intelligence across its investing and risk management processes, according to a report by Business Insider.
- 27/02/2024
Brevan Howard Asset Management has added Tekmerion Capital Management’s macro hedge fund to its platform, with Tekmerion’s systematic macro team set to manage both its own capital and money for other Brevan Howard funds, according to a report by Bloomberg.
- 27/02/2024
Hedge funds returns measured by 0.42% in January, according to the gross return of the SS&C GlobeOp Hedge Fund Performance Index for the month. Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.08% in February.
- 27/02/2024
Nishant Gupta, a former Partner at Clean Energy Transition, the London-based hedge fund firm spun out of Lansdowne Partners by Per Lekander two years ago, is gearing up to launch a new long-short equity fund focused on the green economy, according to a report by Reuters.
- 27/02/2024
Some 88% of hedge funds have so far seen positive returns from across most strategies in 2024, building on 2023’s double-digit returns, according to the latest monthly report on hedge funds from Citco, the $1.8tn global alternative investment asset servicer.Â
- 26/02/2024
Fundraising for Bobby Jain’s much anticipated hedge fund launch later this year has reached $3bn, roughly half of the revised target for the new fund, which is expected to begin trading in July, according to a report by Bloomberg.
- 23/02/2024
Morgan Stanley Investment Management has launched the MS INVF Systematic Liquid Alpha Fund, which will be managed by its $25bn hedge funds team and will leverage a diversified set of investment strategies across different asset classes, including equity, fixed income, cash equivalents, currencies and commodities.
- 21/02/2024
Segantii Capital Management, the Hong Kong-based multi-strategy hedge fund firm founded by Simon Sadler in 2007, has seen its assets shrink by 18% over the past year on the back of investment losses and client redemptions, according to a report by Bloomberg.
- 20/02/2024
An electricity failure and subsequent shutdown of a BP refinery in the US sparked an oil sell-off as hedge funds and other money managers sold the equivalent of 86m barrels in the six most important petroleum-related futures and options contracts over the past week, according to a report by Reuters.
- 15/02/2024
