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Gryphon Fund Group, an Ohio-based fund administrator providing back-office service for registered and private investment funds, including hedge funds, has selected FundGuard as its primary accounting book of record for its open-end fund client base.
High-profile Australian stock picker Robert Luciano has sold off large stakes in two Regal-owned, ASX-listed listed funds he originally founded as he positions to launch his next venture, according to a report by the Australian Financial Review.
Among alternative investments, hedge funds are used by a third (33%) of family offices globally for diversification purposes, according to the UBS Global Family Office Report 2024.Â
Crypto hedge fund Kbit is on an aggressive expansion trajectory, with plans to significantly increase its team size, according to a report by eFinancialCareers.
Hedge fund manager Pierre Andurand forecasts a near quadrupling of copper prices to $40,000 a tonne in the coming years, driven by surging demand that is depleting global stockpiles of the red metal, according to a report by the Financial Times.Â
Private equity’s challenges in returning capital to clients are increasingly affecting hedge funds, which depend on the same pool of institutional investors including pension plans, foundations and endowments, for their fundraising efforts, according to a report by the Financial Times.Â
Dispersion, a strategy that has traditionally been the domain of bank trading desks and fast-money players like Capstone Investment Advisors and One River Asset Management, has attracted significant new investment in the post-pandemic era, according to a report by Bloomberg.Â
Japanese stocks were the highlight at the annual Sohn Hong Kong Investment Leaders Conference, as well as those from South Korea and Rio Tinto Group, the world’s second largest metals and mining company.Â
Simon Sadler’s $4.8bn Asian hedge fund Segantii Capital Management has said it will wind down and return capital to its investors “in an orderly manner”, with about 140 employees across Hong Kong, New York and London affected by the decision.
Sydney-based Caledonia, one of Australia’s largest and most secretive hedge funds, is maintaining a highly concentrated bet in Zillow Group, forecasting a rebound after the US real estate listing company’s shares plummeted over 26% this year, according to a report by Bloomberg.Â
