In summary…
Aurum’s commingled and bespoke fund of hedge funds $US classes delivered returns ranging from +0.8% to +1.8% in Q2 2024, driven by robust performances in multi-strategy and systematic strategies. Despite higher-than-expected inflation data and postponed interest rate cuts, market conditions were generally favourable, particularly for AI/tech stocks, which supported equity indices.
Cat bonds: fat tails and thin comfort?
Catastrophe bonds are the most visible component of the broader insurance-linked securities (“ILS”) have started to attract renewed investor attention including from hedge funds. This is understandable as the Swiss Re Cat Bond Index delivered returns of nearly…
Aurum’s quarterly review – Q3 2025
Edge with hedge: Primer for equity long/short funds
