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Alternative Market Briefing

Opalesque Roundup: Resilient risk parameters curb hedge fund trading activity: hedge fund news

Monday, October 21, 2024

In the week ending October 18th 2024, a new global research by Beacon Platform revealed that tougher risk parameters at hedge funds are restricting trading activity, with credit trading most likely to be affected. Almost all (93%) senior hedge-fund executives questioned said risk parameters are becoming stricter at their firm in terms of what they can and cannot trade. Almost all involved (95%) say they are having to reduce trading in some areas because of the growing risks or because they don't have a good enough understanding of the risks in that area.

Unlimited published its Q3 2024 Hedge Fund Barometer, showing emerging markets hedge funds leading their peers with an average 5% gross return in the quarter. Global macro and managed futures funds saw the weakest performance in the quarter at -1.2%. According to the report, aggregate hedge fund performance was moderately positive across most strategies in Q3 2024.

Meanwhile, the world's largest publicly traded hedge fund manager Man Group Man was hit by $5.5bn (GBP4.2bn) in outflows during the three months to September. The multi-strategy firm reported assets under management (AuM) of $174.9bn (GBP134.7bn) as of 30 September. That figure compares to $178.2bn (GBP137.3b......................

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