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New York-headquartered Imagine Software celebrated its 23rd birthday this July. Still privately owned and run by Scott Sherman, Steven Harrison, Dr Lance Smith and David Miller, Imagine has long been viewed as one of the financial industry's leading provider of real-time portfolio, risk management and regulatory systems.  Imagine supports the industry's blue-chip hedge fund managers, fund-of-funds, pension plans, money managers, asset managers – and the major banks and brokerages. Imagine was the first to offer a cloud-based ASP solution to the industry in 1999. "Today, we have a combination of functions that make Imagine the most powerful risk system in
A decade ago, there was nothing wrong with having eight or 10 vendors in place to run a hedge fund operation. But times have changed, as has technology. So much so, that established managers are increasingly looking to reduce overhead costs and complexity by consolidating the number of their critical systems into single or integrated solutions, often delivered on a hosted basis.  One of the key benefits to this is the ability to bring data from all those disparate systems together into a consolidated place where that information is actionable.  "Whether it's reference data, transaction data, portfolio information, compliance data,
Wedbush Securities was founded in 1955 and is one of the largest providers of small and midcap equity research in the US.  Wedbush Securities has the largest Equity Research platform on the West Coast comprised of over 20 research analysts, coverage of more than 250 stocks and a dedicated retail channel checking team. The award-winning Wedbush Best Ideas List, is a dynamic, actively monitored compilation of the highest conviction stock ideas among its team of analysts with respect to outperformance over the forward 6 to 12-month period. The research team sits within Wedbush Capital Markets group and has particular expertise in market
Walkers is one of the most recognised international law firms and works with some of the hedge fund industry's largest asset managers. In total, the Group has 580 personnel, of which 250 alone are based in the Cayman Islands. "Overall, we've hired 100 people globally this year to bolster our five core practices: investment funds, finance & corporate, insolvency & dispute resolution, wealth structuring, and tax and regulatory advice," says Ingrid Pierce (pictured), Global Managing Partner at Walkers.  Pierce also notes that corporate and fiduciary services (through 'Walkers Professional Services') are a rapidly growing business for the firm since it
Hathersage Capital Management LLC is a global macro manager founded in 1991. Employing a discretionary global macro philosophy which it applies strictly to G10 currencies, the firm takes directional market views using interbank spot, forwards and options.  "Unlike equity and fixed income markets, the drivers affecting currency pair valuations can change very quickly," comments Bill Lipschutz, principal, CIO and head of portfolio management. "Uncertainty, creates opportunities for skilled discretionary managers. Hathersage takes exposures that can be structured with return asymmetry and, at all times, actively manages positions no matter market conditions."     The strategies offered by Hathersage express trade ideas
Firstly, let’s start with a positive message. As the latest Hedgeweek USA Awards event in New York on 15 September showed once again, the energy and creative dexterity of hedge fund industry participants remains undented by the continuous intervention of regulators and central bankers. Hedge funders are a hardy bunch, and it was great to see so many engaging conversations during the course of the evening.  Everyone, from managers to prime brokers, lawyers to risk practitioners and fund administrators, plays a vital role in the hedge fund industry and their attendance at the awards event was testament to the great work
Claraphi Advisory Network is gaining ground in the managed accounts arena by offering a unified managed account (UMA) that can blend separate account managers, ETFs, and alternative investments. Claraphi works with advisers of independent broker/dealers and with RIAs who want to focus on asset gathering and entrust the investment management and reporting to Claraphi's expertise.    "We are seeing an industry-wide interest from advisors who are adapting their practices to be more holistic and understanding of their clients' overall financial goals," says Roxanna Guinan, Claraphi's senior vice president of business development. "Alternative investments enable advisers to offer their clients portfolios
IRA Financial Group, a provider of open architecture self-directed solo 401(k) plans, has launched a solo 401(k) plan programme with no account value or transaction fees. IRA Financial Group’s new self-directed checkbook control solo 401(k) plan will allow participants to invest in traditional as well as alternative asset investments, such as real estate, gold, tax liens, hedge funds, and much more with no account value or transaction.   “We are excited to offer a self-directed solo 401(k) plan solution that is cost effective and does not include any asset value or transaction fees,” says Jen David, a retirement tax specialist
Willis Towers Watson has promoted Sara Rejal and Karen Dolenec as head of liquid alternatives and head of real assets, respectively, within its diversifying strategies function. Both Rejal and Dolenec joined Willis Towers Watson in 2014 as senior investment consultants.   In her new role, Dolenec continues to be responsible for real estate, infrastructure and natural resources, whilst Rejal will oversee hedge funds, alternative beta, reinsurance and multi-asset strategies.   Luba Nikulina (pictured), global head of manager research at Willis Towers Watson, says: “I am delighted to announce the promotions of Sara and Karen to, respectively, head of liquid alternatives
The European Securities and Markets Authority (ESMA) has issued a consultation paper on draft technical standards implementing the Securities Financing Transaction Regulation (SFTR), which aims to increase the transparency of shadow banking activities. Securities financing transactions (SFTs) are transactions where securities are used to borrow cash (or other higher investment-grade securities), or vice versa – this includes repurchase transactions, securities lending and sell/buy-back transactions.   The SFTR will require both financial and non-financial market participants to report details of their SFTs to an approved EU trade repository. These details will include the composition of the collateral, whether the collateral is

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