Funds
Gains on activist investments helped cancel out losses on cryptocurrency wagers and generate an 18.2% annual return for Canadian hedge fund manager Anson Funds Management’s main strategy last year, according to a report by Bloomberg.
Digital asset investment products saw significant outflows from a global perspective last week, totalling some $500m, despite strong ETF inflows, according to the latest Digital Asset Funds Flow Weekly Report from CoinShares.
Hedge funds upped their acquisitions of Chinese stocks to the fastest pace seen in over five years during a three-day period last week, according to a report by Reuters which cites a client note from Goldman Sachs.Â
Farrer Capital, a new agriculture-focused hedge fund co-founded by Adam Davis, the former Head of Commodities Trading at Merricks Capital, is looking to raise an initial $500m for investments, according to a report by Reuters.
A cryptocurrency hedge fund run by Parataxis Capital Management recorded a bumper 341% return last year, net of fees, on the back of winning bets on both bitcoin and solana, according to a report by Bloomberg.
CQS founder Michael Hintze is expected to relaunch his flagship hedge fund at new firm Deltroit Asset Management in March having agreed the sale of the $13.5bn CQS credit platform and the CQS brand to Manulife Investment Management in November last year, according to a report by Bloomberg.
Wrong-way bets on mortgage bonds and a recession saw Deer Park Road Management’s flagship hedge fund post its biggest annual loss since the fund began trading in 2008, according to a report by Bloomberg.
Crypto hedge funds’ AUM jumped in Q4 2023 to $15.2bn, a 41.62% increase on the previous total of $10.75bn, with fundamental strategies holding $11.4bn, quant directional funds $1.8bn, and market neutral funds $1.9n, according to the 2024 Institutional Crypto Hedge Fund & Venture Report by digital assets platform Galaxy.
The SS&C GlobeOp Forward Redemption Indicator, which measures redemption notices received from investors in hedge funds administered by SS&C GlobeOp, measured 2.03% for January, down from 3.64% in December.
Catalyst Capital Advisors, a provider of alternative investment solutions, and Aspect Capital, a London-based systematic hedge fund manager, have partnered to launch the Catalyst/Aspect Enhanced Multi-Asset Fund.
