Funds
A series of failed credit bets at Arini, the London-based hedge fund firm founded by former Credit Suisse trader Hamza Lemssouguer, has left the flagship Arini Credit Master Fund nursing a 6.6% loss in March, its second biggest monthly loss, according to a report by Bloomberg.
Soaring cocoa prices and a slump in the Japanese yen are among several financial market trends that have helped computer-driven quant hedge funds to rack up strong returns in the first quarter of the year, according to a report by the Financial Times.
London-based hedge fund manager Nickel Digital Asset Management’s flagship Diversified Alpha Fund has delivered record quarterly and monthly performance, according to the latest data from BarclayHedge.
Aspect Capital, a London-based quant hedge fund with $7.5bn in AUM, has racked up a 21% return so far in 2024 in its flagship fund on the back of winning bets on currency markets and commodities, according to a report by Bloomberg.
High Ground Investment Management, a London-based hedge fund run by Edgar Allen, has appointed former Adelphi Capital Partner Henry Guest to run its second hedge fund, which is due to launch in Q4 2024, according to a report by Bloomberg.
Equity and multi-strategy funds helped hedge funds start 2024 on the right foot, recording their best post-pandemic quarter, according to the latest data from Citco, an asset-servicer with over $1.9tn in AUA.
A prolonged rally in Japanese stocks, coupled with an improving Chinese equities market, and surge in AI-related stocks helped Asia-focused hedge funds get off to a strong start to 2024, according to a report by Reuters.
Triton Liquid, a digital assets hedge fund funded and incubated by New York-based VC firm FJ Labs, has set up its global headquarters in Abu Dhabi having received in-principal approval from the Abu Dhabi Global Market’s Financial Services Regulator.
Headstart Fund of Funds posted its fourth consecutive double-digit positive annual return in 2023, with back-to-back returns in excess of 20% in both 2022 and 2023 seeing it outperform global equity and bond markets and every hedge fund index on both a one- and two-year basis.
Registered investment advisers (RIAs) who run private funds for clients have upped their allocations to private equity investments while cutting their exposure to hedge funds over the last nine years, according to a report by Citywire.
