Page 7 - Event Driven News Today

In a turnaround from the positive returns almost across the board in March, hedge funds administered by the Citco group of companies (Citco companies) saw negative returns in April in almost all strategies and across all AUA categories.

Investors pulled $8.96 billion from hedge funds in March, leaving AUM growth for the first quarter of the year nearly flat at +$440 million, according to the just released eVestment March 2022 hedge fund asset flows data.

MAUMEE, Ohio, April 21, 2022 (GLOBE NEWSWIRE) -- Refinitiv Lipper Fund Awards 2022 Winner U.S.A., Camelot Event-Driven Fund, Best Fund Over 5 Years,...

Versor Investments today announced that Neetu Jhamb joined the firm as Partner and Co-Portfolio Manager of the firm's event-driven strategies.

The hedge fund industry returned to inflows in January bringing in $11.29 billion in new assets, 0.24% of hedge fund industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge

Young will be based out of New York City and report to senior managing director and head of research, Ian Harris.

The hedge fund industry experienced net outflows in December with $20.4 billion in redemptions, equivalent to a -0.44% reduction in industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge.

Hedge funds in aggregate were down -2.42% on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.

Inflation, market volatility and geopolitical tensions in Europe appear to have taken a toll on the global hedge fund business in January, with aggregate return for the business coming in at -1.89% for the first month of the year, according to the just-released eVestment January 2022 hedge fund performance data.

Inflation, market volatility and geopolitical tensions in Europe appear to have taken a toll on the global hedge fund business in January, with aggregate return for the business coming in at -1.89% for the first month of the year, according to the just-released eVestment January 2022 hedge fund performance data.