Latest News
Emerging hedge funds are balancing competitive fee models and running lean operating models to remain attractive to investors, according to a new research report by the Alternative Investment Management Association (AIMA) in partnership with Marex Prime Services.
Japan has become a bright spot in Asia’s $400bn hedge fund sector, attracting new fund launches as other regions experience closures amid a resurgence in the country’s capital markets and despite August’s wild volatility, according to a report by Reuters.
Douglas Haynes, former President of Steve Cohen’s Point72 Asset Management, has abandoned his plans to launch a new hedge fund firm – Norias Research Group – citing challenges in raising sufficient capital, according to a report by Bloomberg.
New York-headquartered global hedge fund firm Davidson Kempner is set to close its Distressed Opportunities Fund, citing a more challenging environment for hedge funds that invest in the debt of distressed companies, according to a report by Reuters.
Hong Kong-based investment firm Sengu Capital is gearing up to launch a new hedge fund that will look to tap into Japan’s financial market resurgence by employing an investment strategy focused on improvements in corporate management in the country, according to a report by the Japan Times.
China’s covert strategy to manage its currency is exposing domestic banks to potential multi-billion-dollar losses, while providing hedge funds and other investors with lucrative profits, according to a report by Bloomberg.
Investors are showing increased optimism toward hedge funds, with a large majority planning new allocations during the second half of 2024, a trend is fuelled by fresh capital inflows and the growing popularity of portable alpha strategies, according to a recent report by BNP Paribas.
Hedge fund indices specialist HFR and fund intelligence platform Radient AI have formed a new strategic marketing partnership, and launched a hedge fund analysis platform driven by artificial intelligence.
Balyasny Asset Management, the multi-strategy hedge fund firm founded by Dmitry Balyasny, has appointed Aditya Singh, a former Goldman Sachs director, as a macro portfolio manager, according to report by Financial News.
abrdn has closed its Global Risk Mitigation Fund, citing poor returns and lack of investor interest. The hedge fund, which had struggled with negative performance since its inception, officially ceased operations on 30 August, according to a report by the Financial Standard.
