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In the week ending 29 December, 2017, the global hedge fund industry is looking to finish off 2017 strong with November inflows of $10.79 billion, bringing YTD flows to $40.10 billion and overall industry AUM to $3.26 trillion in assets.

Steven Cohen's upcoming hedge fund launch is making some investors wary because of higher fees and longer lock up period; Walnut Algorithms has launched the Walnut Investments Intraday Absolute Return Machine Learning Strategy; Waves is planning to launch a blockchain venture capital fund; and the Brilliant Group has teamed with Finamatrix to create a regulated blockchain-based artificial intelligence fund, called FIX Fund.

Archview Investment Group is shutting down its distressed debt hedge fund.

Cevian Capital AB is expected to earn $2.4 billion by waiting more than a decade for its bet on Volvo AB to pay off.

Among investments, hedge funds are poised to profit from any weak post-Christmas trading updates from high-street retailers; BlockTower Capital is reported to have made a $1m bet that bitcoin's price will reach $50,000 at the end of December, 2018; General Electric has raised its stake in Arcam AB to around 95 percent from 77 percent after buying shares from hedge funds Elliott and Polygon; and hedge funds are snapping up insurance against a South Korean default as the nuclear threat from North Korea appears to grow.

In other miscellaneous hedge fund news, Katie Booth said in the latest Opalesque Family Office Roudtable that governance is essential to th......................

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