Latest News
Fulcrum Asset Management has appointed former Rokos Capital Management Partner and Investment Officer Luke Sadrian as a Portfolio Manager within its Discretionary team, specialising in commodities.
On-chain asset management platform L1 has launched a suite of high-alpha investment strategies managed by crypto-native hedge funds, aiming to give financial advisors and accredited investors streamlined access to previously exclusive opportunities.
Macro hedge funds weathered a volatile May with largely positive results, underscoring the sector’s resilience in navigating unpredictable macroeconomic conditions. Rokos Capital Management led the pack with a +1.28% return for the month, bringing its year-to-date performance to +9.46%.
Hudson Bay Capital Management, the $20bn multi-strategy hedge fund, is expanding its Gulf presence by opening a new office in Abu Dhabi, marking its second outpost in the United Arab Emirates following its Dubai launch in 2023, according to a report by Bloomberg.
US distressed debt hedge fund Strategic Value Partners (SVP) is pushing back against Indian auto parts giant Samvardhana Motherson’s proposed $2bn takeover of Marelli, a Japanese car components supplier backed by KKR, according to a report by the Economic Times.
The United Arab Emirates is rapidly positioning itself as a global hedge fund centre, with a new report from IG Prime suggesting the country’s financial hubs – Dubai International Financial Centre and Abu Dhabi Global Market – could reshape the $4.5tn industry, according to a report by Arabian Business.
The Managed Funds Association has called on the UK government and regulators to overhaul the Alternative Investment Fund Managers Directive regime, proposing reforms that would reduce operational burdens for hedge funds while bolstering the UK’s global competitiveness.
Bobby Jain’s Jain Global has reported strong early results from its UK operation, with the London entity – Jain Global UK Partners – posting revenue of £56.8m between September 2023 and December 2024, according to a reports.
Hedge fund strategies across event-driven, equity hedge, and cryptocurrency led the industry’s performance gains in May, buoyed by easing volatility, improving macro sentiment, and continued momentum in equity markets, according to data from HFR.
Jorn Grodeland, a 17-year veteran of Brevan Howard, where he held a Portfolio Manager role, has joined ExodusPoint Capital Management, the New York-headquartered hedge fund firm founded by Michael Gelband and Hyung Lee.
