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In the week ending 22 December, 2017, APEX Token Fund has launched the world's first tokenised cryptocurrency-focused fund-of-hedge funds; Dan Sundheim is expected to launch a hedge fund next year; Kenanga Investors Bhd recently launched its first artificial intelligence fund Kenanga Global Multi Asset Fund; Damien Hatfield has partnered with Steve Bellotti to launch a cryptocurrency fund; OPIM and Watercourse Advisors announced the launch of Watercourse Macro Fund SP of Sunrise SPC; Wells Fargo Asset Management announced the launch of the Global Low Volatility Equity Fund and the Global Long/Short Equity Fund; Credit Suisse Asset Management, Securis Investment Partners and Stone Ridge Asset Management are all launching new funds in insurance-linked securities; and BNY Mellon Management announced the recent launch of Dreyfus Global Multi-Asset Income Fund, which began offering its shares on November 30.

The global hedge fund industry is going to finish off 2017 strong with November inflows of $10.79bn, bringing YTD assets flows to $40.10bn; PG Growth has closed its fourth fund, TPG Growth IV, after assets reached $3.7bn; hedge fund start-ups are on the rise again and they are on the lookout for investment brokers who will go the extra mile on their behalf; LRI Group saw its assets jumped by 20% this year; and Whale Rock Capital has stopped accepting new money after its assets grew to $2.5bn.

John Griffin is shutting down his $6bn Blue Ridge Capital, ending a three-decade career in hedge funds; and Madava Asset is shutting down af......................

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