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Rokos Capital Management, the hedge fund founded by former Brevan Howard trader Chris Rokos, reported a sharp increase in remuneration for its highest-paid member, who earned £110.2m in the year ending 31 March 2024 – a 312% rise from £26.7m the previous year, according to a report by Financial News.
Paragon Capital Management, a Singapore-based asset manager which offers a range of hedge funds, equity funds, and real estate funds, has opened its first overseas office in Hong Kong as it seeks to tap into the region’s growing pool of high net worth individuals.
Said Haidar, a hedge fund manager renowned for his high-leverage macro trading strategies, is enduring the most severe downturn of his career, with his flagship Haidar Jupiter fund posting a staggering 32.7% decline in 2024, according to a report by Bloomberg.
BlueCrest Capital Management, Michael Platt’s hedge fund-turned-family office, delivered a stellar 38% return last year, outperforming many peers in a volatile market, according to a report by Bloomberg.
Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed by Todd Hirsch, a former Senior Managing Director at Blackstone, according to a report by Reuters citing an internal company statement.
Ossiam, a Paris-based investment management firm specialising in quantitative strategies, has launched the Ossiam Multi Fixed Income Opportunities Fund, which aims to provide market-neutral, flexible exposure to fixed income investments.
Wellington Management, an independent investment firm and hedge fund manager, has launched its first interval fund, the Wellington Global Multi-Strategy Fund, which aims to provide positive returns across market cycles while managing risks and minimising volatility and drawdowns.
Short-sellers had a lucrative year betting against Ocado, as the company’s share price plunged by more than 50% during 2024, on the back of ongoing doubts about the long-term demand for its robot-operated warehouses, according to a report by The Times.
Global digital assets funds racked up a record $44.4bn of inflows during the course of 2024, four-times the previous annual high set in 2021, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge funds have significantly increased bearish positions on the Australian dollar, capitalising on the currency’s vulnerability as concerns over US tariffs and a sluggish Chinese economy weigh heavily on its value, according to a report by Bloomberg.
