•  
• Tweet
•  
•  
•         Track Keywords
•  
• 

In the week ending October 21st 2022, Eurekahedge reported that the Eurekahedge Hedge Fund Index fell 2.1% in September. Despite the loss, hedge funds offered some protection against a volatile market backdrop that saw the S&P 500 decline 9.3%. CTA/managed futures was the top-performing strategy in September with gains of 1.5%, its second consecutive positive monthly return. Q3 returns now stand at 8.8%. These funds have successfully capitalized on the economic turbulence caused by rising inflation, a stronger dollar, and declining equity and bond markets to generate superior returns.

As a result of the volatility and positioning for generational inflation and increased likelihood of an economic recession, institutional investors withdrew an estimated $26.0 billion from hedge funds in 3Q 2022, as reported by HFR, in the latest release of the HFR Global Hedge Fund Industry Report.

In new launches, Blue Owl Capital Inc.'s Dyal Capital unit is on track to raise its largest ever fund at nearly $13 billion, according to people familiar with the plan; Mudrick Capital Management is raising money for a new drawdown fund. The distressed debt specialist, founded by Jason Mudrick, is seeking to bring in between $800 million and $1 billion for Mudrick Distressed Opportunity Drawdown Fund III, its third vintage, and Famed short seller Jim Chanos who put successful short bets on companies such as Enron and Wirecard AG, has joined up with London-based Green Ash Partners to launch an equity long/short hedge fund.

Meanwhile, William Reeves, the co-founder of BlueCrest Capital Management, which was once one of Europe's biggest hedge-fund managers, will be joined by Gerard Griffin, founder of Tisbury Capital......................

To view our full article Click here