Liquid Alternatives News

Several high-profile hedge funds including Balyasny, Man Group, Winton and Bridgewater Associates are rekindling their interest in portable alpha strategies, which seek to ‘decouple’ alpha from beta to capture market-beating returns, according to a report by Business Insider.

But most of the value hedge fund’s largest long positions were in the black in July, with three up by double-digits.

Pershing Square has abruptly cancelled the IPO of Pershing Square USA, just days before it was set to debut on the New York Stock Exchange, and months after founder Bill Ackman suggested it would be one of the largest IPOs ever, according to a report by Reuters.

You won’t find it among the top-performing technology, media, and telecom (TMT) funds. But unlike many of those well-known former highfliers, Seligman has never had to worry about its high-water mark, which its clients likely appreciate. After all, in 2022 when many other tech funds suffered sharp losses and the Nasdaq Composite lost roughly one-third […]

„Das Anlagevermögen von Hedgefonds steigt weiter und konnte den historischen Höchststand des ersten Quartals ausbauen“, erklärt Kenneth J. Heinz, Präsident von HFR. Laut aktuellem HFR Global Hedge Fund Industry Report verwalteten Hedgefonds Ende des zweiten Quartals ein Rekordvermögen von insgesamt 4,3 Billionen US-Dollar.

Since 2022, investors have pulled more than $15 billion from the firm’s liquid alternatives business.

A recent surge in bullish bets on sterling by hedge fund and other asset managers has set the scene for a sharp correction in the currency, should the Bank of England opt to lower interest rates later this week, according to a report by Bloomberg.

Hedge funds have made their most significant retreat from bearish yen bets since 2011 as the once-popular carry trade strategy falters, with leveraged investors cutting 56,639 net short positions on Japan’s currency over the two weeks ending 23 July, according to a report by Bloomberg.

Equity and global macro funds emerged as strong performers, contributing to seven consecutive quarters of positive returns. Citco reported a weighted average return of 1.09% in Q2, bringing the year-to-date (YTD) return to 7.62%. About 80% of funds have recorded positive returns this year.

Man Group, the world’s largest listed hedge fund firm, has reported strong H1 results, including positive investment performance of $11.1bn – a 2.1% increase relative to peers – and net inflows of $0.9bn, surpassing the industry average by 1.8%.

Bill Ackman has announced a significant reduction in the fundraising target for his new US-listed fund, Pershing Square USA, citing investor apprehensions about the fund’s structure and cash deployment strategy, according to reports.

A coalition of hedge funds invested in Ukraine, including Aurelius Capital Management and VR Capital Group is gearing up for debt-restructuring negotiations with the Ukrainian government to rework approximately $2.6bn in GDP warrants, according to a report by Bloomberg.

Hedge fund assets reached a new high in 2Q24, surpassing $4.3 trillion as managers brace for upcoming elections and geopolitical uncertainties, data has shown. According to hedge fund research firm HFR, this marks the seventh consecutive quarter of asset growth, driven by performance gains and strategic asset inflows into relative value arbitrage (RVA) and macro […]

Igor Tulchinsky’s WorldQuant, which previously managed capital exclusively for multi-strategy major Millennium Management, is now managing $10bn in assets for other clients, according to a report by Bloomberg.