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In the week ending November 29th 2024, Citco stated that hedge fund performance dipped by a marginal -0.4% in October 2024. This follows a strong run of positive returns that stretched back to May. Hedge Funds administered by Citco have achieved an overall weighted average return of 10.6% in 2024 to date. Global Macro strategies were the top performers in October, with a weighted average return of 1%, followed by Fixed Income Arbitrage funds at 0.7%, and Equity strategies at 0.4%. Equity funds have now enjoyed a 6-month winning streak, the last negative month coming in April of this year.

Meanwhile, JPMorgan topped a 2024-25 global Ideal Employer ranking far ahead of the rest of the top ten, but there were some very different dynamics at play among the world's most popular hedge funds. Over 8,000 people voted in this year's Ideal Employer survey. Those who chose a hedge fund as their Ideal Employer overwhelmingly preferred one above all others: Citadel.

In the meantime, assets under management at commodity trading advisers (CTAs) grew to $392.8 billion by the end of June 2024 - the latest available figure - compared with $375.4 billion a year earlier and $246.2 billion in June 2020, according to Preqin data.

In new launches, Neos Partners, a San Diego, CA-based middle market investment firm, raised $1.37 billion for its second fund focused on energy transition and critical infrastructure; LeapFrog Investments, a Profit with Purpose firm, closed its fourth fund (Fund IV), raising $1.02 billion in commitments and designated co-investments and surpassing its initial target of $1 billion, and middle market private......................

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