Liquid Alternatives News

Recent market reckonings have led to a renewed focus on identifying investment strategies that can better deliver optimally diversified portfolios to weather financial storms and provide more balanced growth.

British broadcaster GB News, which is jointly owned by hedge fund giant Sir Paul Marshall and Dubai-based private investment firm Legatum via holding company All Perspectives, posted a £42.4m loss, forcing its owners to provide a further £41m in funding to cover operating costs, according to a report by the Financial Times.

A number of distressed debt investors, including Attestor, Farallon Capital and Oaktree Capital, are set to benefit from bets that creditors of FTX Capital will recover more than expected, following the collapse of the cryptocurrency exchange.

DE Shaw is one of a number of hedge funds buying exposure to blind pools of risk being sold by banks to reduce their regulatory burden, in the form of credit-linked notes that transfer the risk to the buyer in exchange for a coupon payment, according to a report by Bloomberg.

Commodities investments at Izzy Englander’s Millennium Management earned the multi-strategy major a solid $600m last year, but still far behind the bumper $4bn return for the asset class seen at rival Citadel, according to a report by Bloomberg.

London-based multi-strategy hedge fund Eisler Capital plans to raise between $1bn and $1.5bn of capital and increase its Portfolio Manager headcount to between 120 and 125 this year, according to a report by the Financial Times citing people familiar with the matter.

Profits at London-based Man Group, the world’s largest listed hedge fund firm, more than halved last year, as AUM hit a record $167.5bn, an increase of 17% from the $143.3bn reported for 2022.

Nishant Gupta, a former Partner at Clean Energy Transition, the London-based hedge fund firm spun out of Lansdowne Partners by Per Lekander two years ago, is gearing up to launch a new long-short equity fund focused on the green economy, according to a report by Reuters.

Activist US hedge fund firm Elliott Investment Management has had a second improved offer to acquire Currys rejected by the board of the UK electrical and electronics retailer, amid rumoured interest from other potential suitors, according to a report by ThisIsMoney.

Some 88% of hedge funds have so far seen positive returns from across most strategies in 2024, building on 2023’s double-digit returns, according to the latest monthly report on hedge funds from Citco, the $1.8tn global alternative investment asset servicer.

2023 haben Investoren netto 35,1 Milliarden Euro aus UCITS-Hedgefonds abgezogen. Zwar erreichte die Anlageklasse eine Performance von im Durchschnitt 5,28%, wie Ralf Lochmüller, CEO von Lupus alpha, einräumt. Diese lag aber deutlich hinter Aktien und Anleihen. Mittel- und langfristig unterstrichen die Fonds indes ihren stabilisierenden Beitrag für das Gesamtportfolio.

Liquid-Alternative-Fonds lieferten vergangenes Jahr im Durchschnitt eine solide Rendite, doch die Anleger dankten es ihnen nicht. Stattdessen zogen sie unterm Strich 35,1 Milliarden Euro aus den Produkten ab, wie eine Studie zeigt.

Demnach erlebten 2023 Hedgefonds-Strategien im UCITS-Mantel mit Nettoabflüssen von 35,1 Milliarden Euro die stärksten Kapitalabzüge seit dem Krisenjahr 2008. Zum Vergleich: Im Vorjahr 2022 betrug der Nettoabfluss 17,65 Milliarden Euro. Diese signifikanten Abflüsse folgten auf eine Zinswende, die mit einer Anhebung der EZB-Zinsen von 0 Prozent auf 4,5 Prozent innerhalb von etwas mehr als einem […]

Fundraising for Bobby Jain’s much anticipated hedge fund launch later this year has reached $3bn, roughly half of the revised target for the new fund, which is expected to begin trading in July, according to a report by Bloomberg.