Digital assets funds saw inflows of $2.48bn last week, lifting August inflows to $4.37bn and YTD flows to $35.5bn, though AUM slipped 10% to $219bn, according to a the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge funds have been increasing their exposure to WPP, the world’s largest advertising and marketing group, just as Cindy Rose begins her tenure as Chief Executive Officer, according to a report by Reuters citing research from Panmure Liberum.
Hedge funds saw a boost in July thanks to a rally in French biotech Abivax, as its US-listed shares jumped more than 580% in a single day following positive Phase 3 trial results for its ulcerative colitis oral treatment obefazimod,
Singapore-headquartered hedge fund Dymon Asia has extended its 2025 rebound, with its $3.5bn multi-strategy fund rising 1.75% in August, lifting year-to-date returns to 12%, according to a report by Financial News citing people familiar with the matter.
PSquared Asset Management, based in Zurich and managing around $750m, takes a targeted approach to credit investing. Rather than chasing scale or passive yields, the firm focuses on event-driven opportunities and mispriced complexities within Europe’s fragmented credit markets to drive
The rapid growth of hedge funds and private investors in catastrophe reinsurance is raising questions about the sector’s long-term stability, according to a report by the Financial Times citing Munich Re board member Stefan Golling.
Hedge funds are increasing wagers that the Chinese yuan will extend its rally against the dollar, with options market activity pointing to expectations of the offshore yuan (CNH) strengthening to seven or firmer by year-end, according to a report by
Activist hedge fund Sachem Head Capital Management, led by Scott Ferguson, has nominated four directors to the board of Performance Food Group (PFGC), according to a report by Reuters citing unnamed people familiar with the matter.
Hedge funds have slashed bullish wagers on US crude to their weakest level in nearly two decades, reflecting growing concern over a looming supply glut and heightened policy uncertainty, according to a report by Bloomberg citing data from then Commodity
Large multi-strategy platforms are parting company with Portfolio Managers looking to relaunch independent even-driven hedge funds, as improving M&A volumes renew appetite for merger arbitrage, according to a report by Bloomberg.
