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In the week ending 28 November, 2014, October has been a bloodbath for hedge funds performance, inflicting large losses at an array of multibillion-dollar firms. However, Lyxor Assets’ latest weekly brief said that CTAs and event-driven strategies lead hedge funds recovery in mid-November. Three of John Paulson's funds made HSBC's list of worst performing funds of 2014; Paulson also reportedly rebranded his Recovery Fund after dropping 13%. Jonathan Goldberg's oil fund is up nearly 15% on the year. Paul Tudor Jones’ Tudor Investment Corporation increased profits by over $94m over the 12 months to March 2014, according to filings.

Steve Zhang plans to raise as much as $40m by February to launch his own Asia-focused hedge fund; Dexion Capital and Brown & Co announced the launch of a joint venture, Agricultural Asset Management, which aims to bring the investment case for agriculture to a wider investor audience; Cheyne Capital is launching a new fund that buys property that it will rent out to organizations offering affordable housing; David Linden plans to launch a long/short equity fund specialising in covered-call strategy; 36 South Capital announced the launch of the K......................

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