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In the week ending January 17th 2024, media reports revealed that crypto hedge funds had a strong year in 2024, gaining from their exposure to digital assets. However, Bitcoin's rise to over $100,000 outpaced most crypto hedge funds' performances. Last year, a number of crypto hedge funds logged double-digit returns, with the VisionTrack Composite Index, which tracks the performance of 130 crypto-dedicated hedge funds, jumping 40%, according to data provided by Galaxy's VisionTrack.

Meanwhile, 2024 marked a strong year for hedge funds, with the group delivering double-digit total returns, marking their best performance since the pandemic in 2020. According to JPMorgan strategists, the success was likely driven by the US equity market strength, and volatility in rates and currencies triggered by the US election and central bank policy shifts.

A new global research by Beacon Platform Inc. showed that as hedge funds navigate global risks and volatile markets, executives are concerned about maintaining control of model and algorithm changes and building a greater understanding of overall exposures.

In new launches, York Capital Management's multibillion-dollar Asia hedge fund spinoff is raising money for a new fund, seeking early-mover gains from South Korean measures to boost corporate value; AGF Capital Partners, AGF Management Limited's multi-boutique alternatives business with Affiliate Managers across both private assets and alternative strategies, announced the launch of the AGF NHC Tactical Alpha Fund , and the French alternative asset manager Ardian has raised $30bn for its ninth secondaries fund - it's ......................

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