Digital Assets Report

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Andrew Carney, Chief Investment Officer of Volatility, and Mark Zeldis, Chief Technology Officer at New York-headquartered, multi-manager hedge fund firm Walleye Capital, will retire from the firm, according to a report by Business Insider.
Hedge funds and listed equities were the main drivers behind a 3.3% return in the first three months of the year at Elo, one of Finland’s main occupational pension funds, according to a report by IPE, citing the scheme’s Q1 results.
TOP STORY: The controversial cum-ex trades that allegedly defrauded the Danish tax authorities of £1.4bn were “completely legal”, according to Sanjay Shah, the founder of hedge fund firm Solo Capital Partners and the man accused of masterminding the scheme, according to a report by Bloomberg.
Aspex Management, the Hong Kong-based hedge fund firm founded by Hermes Li, notched up a return of over 11% in the first three months of the year in its Asia-focused fund – one of the region’s largest at $7bn – according to a report by Bloomberg.
EEX Group has reported strong financial results for 2023 with a 19% overall growth in total revenues, reaching €575.6m (2022: €482.4m), on the back of continued trading volume growth across all asset classes and geographies.
International energy services company Petrofac was the most shorted UK listed company as of 22 April, according to new data from GraniteShares, a global issuer of exchange traded products with more than $3.5bn under management.
COMPLY, a provider of compliance software, consulting and education resources for the financial services sector including hedge funds and private equity firms, has appointed Michael J Stanton as its Chief Executive Officer.
A series of failed credit bets at Arini, the London-based hedge fund firm founded by former Credit Suisse trader Hamza Lemssouguer, has left the flagship Arini Credit Master Fund nursing a 6.6% loss in March, its second biggest monthly loss, according to a report by Bloomberg.
Soaring cocoa prices and a slump in the Japanese yen are among several financial market trends that have helped computer-driven quant hedge funds to rack up strong returns in the first quarter of the year, according to a report by the Financial Times.
Institutional digital asset prime broker FalconX has launched Prime Connect, an exchange settlement solution which enables institutional investors to trade on exchanges while their funds remain in bankruptcy-remote, regulated custody.

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