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Alternative Market Briefing Weekly

Opalesque Roundup: Record half, widening divide - hedge funds feast while quants and AI laggards struggle

Saturday, July 11, 2026

Hedge funds have just delivered their best first half in 13 years, Millennium pods are printing billions, and the yen has sunk to a 40-year low - yet beneath the celebration, the industry is quietly splitting into AI winners and everyone else. This edition of Alternative Markets Weekly synthesizes the week's most important developments across performance, capital flows, talent, macro risk, activism and digital assets, anchored by this week's Opalesque Exclusives.

This Week's Opalesque Exclusives

EXCLUSIVE The Big Picture: Kant and Capital - Seven Theses on What ESG Missed, and What Comes Next On July 9, participants from 28 countries joined Opalesque's Kant and Capital webinar - a workshop, not a lecture, on why sixty years of labels from SRI to ESG to impact each fell short, and whether Kant's categorical imperative can provide the normative core that ESG never had. Panelists Gert Dijkstra (formerly APG Asset Management), Kate Hofman (GrowUp Farms, Pesto) and George Darrah (Systemiq Capital) were joined by wealth managers, family office principals and finance ethics academics reasoning out loud in real time. Among the seven theses: ESG did not fail from bad intentions, it was hollowed out; the Muskonomy is not an edge case but a template; and misaligned capital ends badly for both entrepreneur and investor. Read the full article here.

EXCLUSIVE Hedge funds gain again in June on record equities, AI and the SpaceX IPO - best quarter since 2020 The HFRI Fund Weighted Composite......................

To view our full article Click here

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