Insight
Hedge funds struggle to turn AI adoption into alpha
Neudata survey finds efficiency gains outpace investment returns as alternative data budgets rise
Hedge funds rebound as inflows extend eight-month run: SS&C
SS&C index gains 0.83% in August as investor capital continues to flow into funds
ADIA raises hedge fund target after ‘another strong year’
$1.1trn Abu Dhabi sovereign wealth fund is planning to funnel billions more into sector
Marex promotes DiClemente to lead global capital introduction
Thirteen-person team connects hedge funds with network of 2,100 allocators
Bridgewater calls for AI tax as it warns of job disruption
Manager estimates technology could displace 18% of US jobs within five years
Marex hires former Credit Suisse executive to lead Asia prime services
Robert Cheeseman to oversee prime brokerage and outsourced trading expansion
CFM passes $33bn boosted by August gains and Cumulus inflows
The French firm's rapid expansion makes it the sixth-largest European hedge fund manager
IG Prime hires capital introductions head
Michael Denoon-Slater joins as prime broker prepares new fundraising service
$4bn quant manager Goku appoints SS&C
GlobeOp to administer AI-driven manager’s high-volume Asia equity fund
Winton expands portable alpha range with two launches
$17.8bn quant manager adds macro and multi-strategy equity funds
Turkey caps hedge fund holdings after MSCI warning
New rules target concentrated ownership and coordinated trading concerns