Liquid Alternatives News

Hedge funds including Third Point and Pentwater Capital have secured major gains after US Steel’s $14.1bn sale to Japan’s Nippon Steel completed, bringing to a close one of the most politically charged and volatile merger arbitrage stories in recent years, according tp a report by Bloomberg.

Hedge funds and macro traders are reassessing their bearish bets on the US dollar amid escalating Middle East tensions, following US strikes on Iran that rattled global markets but failed to trigger a full-blown risk-off exodus, according to a report by Bloomberg.

Hedge funds have turned in “steady to excellent” performance YTD, with more than 75% of managers posting gains through May’s equity rebound, according to a report by Alternatives Watch citing performance data from hedge fund research and intelligence provider PivotalPath.

Hedge funds recorded one of the strongest monthly inflows of recent years in May, with investors committing $6bn, according to the latest data from Citco, the asset servicer with more than $2tn in assets under administration.

Multi-manager major Schonfeld Strategic Advisors has anchored a new Abu Dhabi-based long-short equity fund with a $500m allocation, backing veteran Waha Capital Portfolio Manager Omar Newera, according to a report by Bloomberg.

Millennium Management, the $75bn multi-manager hedge fund led by Izzy Englander, is in discussions to sell a 10-15% minority stake in its management company in a deal that would value the business at around $14bn, according to a report by the Financial Times.

Activist hedge fund Barington Capital Group is preparing to launch a campaign against Victoria’s Secret & Co, seeking to overhaul the lingerie brand’s board of directors and dismantle a recently adopted shareholder rights plan, according to a report by Reuters.

Hedge fund performance and capital flows remained positive heading into the summer, according to the latest data from SS&C Technologies, with the SS&C GlobeOp Hedge Fund Performance Index reporting a 0.85% gross return for May.

Discretionary macro hedge funds are outperforming their systematic counterparts in 2025 as volatile markets, driven in part by US President Donald Trump’s unpredictable policy decisions, have disrupted trend-following strategies, according to a report by Reuters.

In a move that could significantly ease regulatory pressure on hedge funds and private equity firms, US Securities and Exchange Commission Chairman Paul Atkins has called for a reassessment of new data reporting rules, according to a report by Bloomberg.

Macro hedge funds weathered a volatile May with largely positive results, according to a report by Reuters citing industry sources familiar with fund performance, underscoring the sector’s resilience in navigating unpredictable macroeconomic conditions.

Whilst multi-strategy giants dominate flows, Luxembourg-based AlphaBee Asset Management has built a profitable niche, selecting curated hedge fund managers through methodical evaluation and deep research – though the spectre of the GFC informs every decision.

Traditional long-short equity hedge funds posted their first quarter of net inflows since 2022 in the first three months of the year, attracting $22.8bn – the largest inflows across any hedge fund strategy, according to a report by Business insider citing new data from Nasdaq’s eVestment.