Fri, Nov 13, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Worst relative month in twenty years - and allocators bought anyway: hedge fund news

Saturday, August 22, 2026

A week in which the industry's July reckoning finally showed up in the data, and the numbers were stranger than the headlines. Hedge funds recorded their sharpest underperformance against the S&P 500 in more than two decades of Goldman Sachs records, quants suffered their worst single session in two years, and yet allocators kept writing cheques at a pace not seen in a year. Meanwhile the tax war between Hong Kong and Singapore escalated into open bidding, prediction markets acquired institutional plumbing, and the 13F season laid bare just how concentrated the AI trade had become before it broke.

Opalesque Exclusive Crypto investors finally discovered the P/E ratio

The argument that digital assets should be valued like any other cash-flow producing asset has been made for years by a handful of managers, mostly to an audience that was not listening. That is changing. Matthias Knab examines what happens to the digital asset manager landscape when valuation discipline arrives, and which strategies stand to benefit. 18 August 2026

Opalesque Exclusive What OpenAI's executive exits mean for the largest tech listing in history

OpenAI lost its chief operating officer and its chief revenue officer within 48 hours, capping a month in which the company also removed the independent reporting line for its safety organisation and saw its head ethicist, its head of safety systems and its chief futurist all depart. Opalesque assesses what the governance exodus means for investors positioning around the largest technology listing ever attempted. ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m