In the first quarter of 2024, Blackstone Group's $BX alternative asset management arm, BXMA, once again demonstrated its prowess within the global financial markets. Against a backdrop of heightened volatility—marked by persistent concerns over potential US tariffs, rising unemployment, and looming recession risks—BXMA outperformed the HFRX Global Hedge Fund Index $HFRO by a significant margin. This performance highlights Blackstone's status as a leading institutional manager and the world’s largest hedge fund investor by assets under management.
In recent months, hedge funds around the world have been facing significant challenges, and Man Group is no exception. As the largest publicly traded hedge fund globally, Man Group is grappling with serious obstacles amid market uncertainty and new trade restrictions.
In 2025, there has been a significant shift in investment preferences, with investors showing a stronger inclination towards hedge funds rather than returning to private equity. This change is largely due to the decline in the number of deals, as noted in a report from BNP Paribas (EPA BNP).
