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Chinese hedge fund managers are rapidly introducing products modelled after Bridgewater Associates’ renowned “All Weather” strategy to meet surging investor demand for tools to navigate potential volatility anticipated under Donald Trump’s second US presidency, according to a report by Reuters.
Global hedge funds saw a slight dip in performance in the last month of 2024 according to SS&C GlobeOp, with the firm’s Hedge Fund Performance Index, an asset-weighted, independent monthly measure of fund performance indicating a 0.10% decline in December.
Investors pulled out of Brazilian hedge funds at an unprecedented rate in 2024, as rising interest rates and turmoil in local markets led to a second consecutive year of underperformance for the struggling sector, according to a report by the Financial Post.
Asian hedge funds achieved their strongest performance in 15 years in 2024, leveraging market volatility, winners in China’s uncertain economy, and opportunities in artificial intelligence (AI), according to a report by Reuters.
Former Credit Suisse star trader Hamza Lemssouguer’s hedge fund, Arini, has delivered another impressive double-digit return, propelling the firm’s assets to nearly $7bn after just three years of operation, according to a report by Bloomberg.
US-based Hudson Bay Capital Management, UK’s Sona Asset Management, and New York-headquartered Centiva Capital are establishing a presence in Hong Kong, offering a boost to the city as it seeks to regain its standing as a premier financial centre in Asia, according to a report by Bloomberg.
Polar Asset Management Partners, one of Canada’s leading hedge funds, is advancing its growth strategy with a London office and a 15% increase in headcount since early last year, according to a report by Reuters.
The US Securities and Exchange Commission (SEC) has announced a settlement with hedge fund Two Sigma over charges related to its failure to address known vulnerabilities in its investment models, according to a report by Reuters.
Hedge funds saw a successful year in 2024, achieving average global gains of 12.1%. Equity long-short managers led the way, with several other strategies delivering double-digit returns, according to a report by Investing.com citing data from Goldman Sachs.
Steven Cohen’s Point72 Asset Management has achieved a 14% gain with its newly launched artificial intelligence (AI)-focused fund, reaching nearly $1.5bn in assets within just three months, according to a report by Reuters citing sources familiar with the matter.
