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Avendus Capital, the Indian financial services firm backed by private equity giant KKR, is shutting down its hedge fund division, with market veteran Andrew Holland, Chief Executive Officer of the Avendus Capital Alternate Strategies set to depart, according to a report by Mint.
Amundi has partnered with Machina Capital SAS, a specialist in mid-frequency quantitative strategies with a market-neutral approach, to launch the Amundi Machina Systematic Equity Fund, marking the beginning of a new relationship between the firms.
Hedge fund firm DE Shaw has acquired a position in Riot Platforms and may advocate for strategic shifts at the cryptocurrency mining company, according to a report by Reuters citing two sources familiar with the matter.
Hedge fund stock-pickers suffered significant losses on Monday as a global sell-off in technology shares was triggered by the emergence of a low-cost artificial intelligence model from China’s DeepSeek, according to a report by Reuters.
Steven Cohen, the founder of hedge fund Point72 Asset Management, warned on Tuesday that the US stock market could soon hit a peak, due to inflation pressures and uncertainty surrounding Donald Trump’s economic policies on tariffs and immigration, according to a report by Reuters.
New York City continues to dominate the US hedge fund industry, retaining its position as the epicentre of investing talent, even as Florida gains attention, according to a report by Business Insider citing a recent review of regulatory filings and industry insights.
Digital asset investment products saw inflows totalling $1.9bn last week, likely as a result of recent presidential executive orders that proposed the initiation of a strategic reserve asset in bitcoin, according to CoinShares.
Hedge funds delivered their highest annual return since the start of the decade in 2024, achieving a weighted average return of 15.7%, the highest since 2020’s 18.3% weighted average return, new data from Citco reveals.
Emerging markets continue to demonstrate strength independent of US political developments, with regional trade and domestic growth drivers taking centre stage, according to Aubrey Capital Management Investment Manager John Ewart.
Hedge fund giant Bridgewater Associates has warned that the rise of Chinese AI startup DeepSeek could trigger a short-term correction in tech stock prices, particularly among companies heavily invested in artificial intelligence, according to a report by Reuters.
