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Alternative Market Briefing Weekly

Opalesque Roundup: Quant hedge fund strategies on the rise: hedge fund news, week 31

Saturday, August 07, 2021

In the week ending August 6th 2021, a study with 100 leading hedge fund managers revealed widespread enthusiasm for quant strategies. 80% of hedge fund managers expect institutional investors to increase their allocation to quant strategies in the next twelve months, said a study. The 100 leading hedge fund managers surveyed, who collectively manage over $231 billion in AUM, also reveals that 73% believe the current economic and fiscal environment is attractive for quant strategies, and 86% expect the number of quant hedge funds to increase over the next five years.

In new launches, Bill Ackman's hedge fund Pershing Square Capital Management LP is in discussions to raise $1 billion to help fund its bet on Vivendi SE's Universal Music Group, according to people with knowledge of the matter; Strategic Value Partners (SVPGlobal), a US-headquartered investment group focused on the debt of distressed companies, has closed its latest fund Strategic Value Special Situations Fund V (SVSS V) on its hard cap at $5bn, and Morgan Stanley Investment Management closed its latest private credit fund, North Haven Credit Partners III (NHCP III), at $1.6 billion, which is 29% larger than its fundraising target.

Further in new launches, the $1 billion digital assets manager Bitwise Asset Management announced the launch of the Bitwise Uniswap (UNI) Fund and the Bitwise Aave (AAVE) Fund to its lineup of institutionally-focused investment vehicles; Invesco has launched a solar energy-focuse......................

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