The global hedge fund industry continued its recovery in February, gaining 0.97 per cent on an equal-weighted basis, and 0.40 per cent on an asset-weighted basis.
Roughly 75.5 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the first two months of the year.
Hedge fund closure activities soared during the final quarter of 2018, as fund managers struggled to mitigate the losses incurred by the equity market sell-offs in October and December. Eurekahedge recorded 296 fund liquidations within the period.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
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Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
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ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
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