In the week ending May 09th 2025, HFR reported that hedge funds navigated a historic volatility surge and violent extremes in risk sentiment, as global financial markets plunged in early April on trade and tariff uncertainty before posting an equally historic and dramatic recovery from the intra-month decline, with most equity indices ending the month with de minimus changes over the prior month. Through the intense equity and fixed income trading month, the HFRI Equity Hedge (Total) Index led strategy performance, posting a gain of +0.7 percent for the month, while the newly launched HFRI Long Volatility Index posted a gain of +1.6 percent. Meanwhile, hedge funds posted mixed performance with the HFRX Absolute Return Index gaining +0.26%, while the HFRX Global Hedge Fund Index declined -0.43% (+0.10% YTD). HFRX Relative Value Arbitrage Index gained +0.18% in April led by gains in multi-strategy managers and convertible-arbitrage strategies. In new launches, Coatue's fund is being anchored by $1 billion from family offices of Amazon founder and Michael Dell; Korea Investment Trust Management will launch a public hedge fund called "Korea Investment UBP Campbell Smart Alpha" that responds to various market environments; Dao5 a venture capital firm focused on advancing the mainstream adoption of digital assets has closed its second fund with $220 million in funding, while boutique Arve Asset Management has launched the Quantmade AI Quant fund. The new UCITS-compliant fund has been launched in partnership with Universal Investment and Donner & Reuschel. Meanwhile, Blackstone, the world's largest alternative asset manager, launched its first private multi-asset credit interval fund, ...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, May 10, 2025
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