Digital Assets Report

Latest News

Adaptive Financial Consulting, a specialist in electronic trading technology solutions, has partnered with with KCx, Kepler Cheuvreux’s execution division, to develop a new event-driven trading system based on Aeron and its own Hydra technology.
Digital asset investment products saw minor outflows totalling $126m last week, with investors becoming hesitant as the sector’s recent positive price momentum has stalled, according to the latest Digital Assets Fund Flows report from CoinShares.
Joshua Fisher, the former Managing Director and Co-Head of Technology at Citadel Securities, has joined high-frequency trading firm Hudson River Trading two years after leaving the market-making firm founded by Citadel’s Ken Griffin.
Lombard Odier Investment Managers has added Valentin Petrescou and Didier Anthamatten to its alternative investment subsidiary 1798 Alternatives, where they will launch a Global Macro Absolute Return strategy for institutional and private clients, which is due to go live in Q3 2024
Prosek Partners, an independent marketing and communications agency for financial and professional services, has opened a new office in Abu Dhabi, which will be headed up by newly appointed Managing Director and Head of MENA Diana Estupinan.
Global fintech Broadridge Financial Solutions has appointed Hope Jarkowski as Chief Legal Officer, as of 6 May 2024. She succeeds Keir Gumbs, who served in the role until November 2023 before leaving to join financial services firm Edward Jones.
A prolonged stock market retreat could prompt trend-following hedge funds to sell between $20bn and $42bn of US equities over the next month according to report by Reuters citing a note issued by the prime brokerage division at Goldman Sachs.
Balyasny Asset Management, Millennium Management and Point72 Asset Management are among the hedge fund majors that have seen an increase in both AUM and headcount over the past year, according to a report by Pensions & Investments.
Hedge fund founder Sanjay Shah has been accused of masterminding a “meticulously pre-planned” cum-ex trading scheme that defrauded the Danish government of £1.4bn ($1.7bn) at a civil court case in London brought by Danish tax agency Skat.
TOP STORY: Element Capital Management, the global macro hedge fund firm founded by Jeff Talpins, is planning to return around $4bn in external capital to clients as it looks to improve performance and focus on managing its own funds, according to a report by Reuters.

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