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Alternative Market Briefing Weekly

Opalesque Roundup: Investors redeem $10.5bn from hedge funds despite outperformance: hedge fund news, week 19

Friday, May 27, 2022

In the week ending May 27th 2022, the HFM Hedge Fund Flows Report said that investors redeemed a net $10.5bn from hedge funds in April, marking a sharp turnaround from the past three months which saw the industry experiencing three consecutive months of inflows totaling $18.1bn. The hedge fund industry has experienced $7.6bn in net flows YTD, with 62% of funds having had net outflows

Meanwhile, hedge fund managers were down 0.72% in April, outperforming the tech-heavy NASDAQ and S&P 500 by 12.54% and 8.08% respectively. Around 80.1% of global hedge funds have outperformed the S&P 500, while 44.4% of them have generated positive returns in April. On a year-to-date basis, global hedge funds were down -1.83%, outperforming the S&P 500 which returned -13.31% over the same period.

In performance news, Averill Partners is up 275% in two years - after gaining 6.8 percent in April, the fund was up 18 percent over the first four months of this year; In the collapsing market of 2022, Zhao Yuanyuan's fund at the 500 million yuan ($75 million) Shenzhen Qianhai JianHong Times Asset Management Company returned 138 percent; London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period, while the Seligman Tech Spectrum (Master) Fund stands apart from the hotshot tech and internet hedge funds that have been bleeding red ink this year - headed by Paul Wick, the hedge fund was up 4.28 percent over the first four months of the year

In new lau......................

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