Digital Assets Report

Latest News

Doug Rothschild (pictured) is joining Agecroft Partners as president, reporting to the founder and chief executive Don Steinbrugge. As president of Agecroft Partners Rothschild will assist in the day to day operations of the firm, represent the firm and its clients to institutional investors, help with hedge fund consulting assignments, perform due diligence on potential hedge funds the firm might represent, assist with Agecroft’s Gaining the Edge – Hedge Fund Leadership Summits and help guide other strategic initiatives of the firm.   Rothschild brings more than 20 years’ experience in the financial industry, including serving six years on the executive committee of one of
Apex Fund Services has closed a USD40 million credit facility with global credit investment firm Highbridge Principal Strategies. Peter Hughes (pictured), founder and chief executive officer, Apex Fund Services, says: “The completion of this investment further strengthens Apex’s ability to continue its expansion on a global scale. I am delighted that a well established investment firm recognises an opportunity in the business and has confidence investing in our brand and supporting us in our future development. This investment helps further solidify the Apex group’s position as one of the world’s leading independent fund administrator as we continue to increase our
Barclays Prime Services Strategic Consulting has just completed its latest report entitled ‘Against All Odds – Hedge Fund Industry Developments and Implications for Growth’.  The report finds that although hedge funds have produced considerable excess returns since 1993, such levels have by and large plateaued since 2011, which may be at least partially due to managers’ reducing their risk appetite.   However, survey respondents indicated that they believe the size of the industry and macro conditions are more likely the reasons for recent hedge fund underperformance. The study finds that the industry, across various strategies, has achieved a CAGR over
Four words spring to mind when discussing the evolution of The Bahamas as a leading international financial jurisdiction: regulation, location, expertise and innovation.  Collectively, they provide a multi-layered value proposition that is helping The Bahamas cement a reputation for not only committing to a regulatory framework that embraces and, indeed, reflects international best practices, but which encourages tangible innovation. In other words, The Bahamas is a jurisdiction that gets things done, rather than just talking about it.  One only has to see the incredible success of the SMART funds series to appreciate this. First introduced in 2003, there are now
The International Commodities and Derivatives Association (ICDA) has appointed two new members to its board of directors: Stéphane Graber, secretary general of the Swiss Trading and Shipping Association (STSA), and Paul Lynch, chief executive of itarle, a provider of multi-asset algorithmic trading and analytics services for the sell-side. As secretary general of STSA, the main professional trading and shipping association in Switzerland, Graber has been instrumental in unifying three regional associations under a single umbrella and has been the driving force behind STSA’s professionalism and increased engagement with Swiss authorities.    Previously he was delegate at the Economic Development Office, Department
FIX Trading Community, the industry-driven standards body for global financial trading, has released new guidelines for the use of FIX in post-trade processing for multi-asset classes and a common post-trade framework. The FIX Global Post-Trade Working Group has been focusing its efforts on how best to resolve the inefficiencies in post-trade workflow for a number of years. Following on from its work with cash equities, the working group assessed a number of different asset classes and how variations in workflow can create issues. Frequent trade breaks and slow resolution times can have a commercial impact as well as have adverse effects
Marc Lenaers has been promoted to managing associate in Ogier’s Luxembourg office. Lenaers advises global clients and investment managers on a wide range of regulated and unregulated investment vehicles, including mutual funds, hedge funds, private equity, real estate and debt funds. He is in charge of setting up and restructuring Luxembourg investment funds tailored to the clients’ needs.   Prior to joining Ogier, Lenaers was head of legal fund engineering in a major bank and senior associate in a Luxembourg law firm, where he was in charge of the investment funds practice of the New York representative office.   Luxembourg
Kettera Strategies has added three new managers to its Hydra marketplace – ADG Capital, AE Capital and Deep Field Capital. Hydra provides investors with manager access, notional funding, daily transparency and twice monthly liquidity to established and emerging alternative asset managers.   “Allocators, investors and managers are finding real value by coming together on Hydra,” says Jon Stein, CEO of Hydra’s operator, Chicago-based Kettera Strategies. “One thing that distinguishes us in addition to managers that are strong veterans, is that we focus globally on strategies that are unique and diversifying. The addition of ADG, AE and Deep Field to Hydra
Hedge funds posted gains for the fifth consecutive month in July, the longest positive streak since 2013, driven by equity hedge and event-driven strategies, as equity and credit markets recovered Brexit losses. The HFRI Fund Weighted Composite Index (FWC) advanced 1.7 per cent for the month, increasing the index value to 12,644.12 and bringing the YTD gain for the FWC to +3.0 per cent, according to HFR.   All four main strategy indices were positive for July as gold surged, equities extended their recovery, and bond yields declined on a combination of moderation in global growth forecasts, as well as
MG Stover, a full service alternative investment fund accounting and administration firm, has appointed Seth Altman (pictured) as director of hedge funds and family offices. The firm has also promoted Josiah Reich, previously the director of hedge funds and family offices, to chief financial officer.   Altman will join MG Stover’s senior management team and will lead firm’s growth and client service initiatives specific to its hedge fund and family office clientele.   Altman has 12 years of experience in the alternative investment industry. He began his career at Deloitte & Touche in New York City where he audited banks,

Special Reports

FeatureD

down graph

Events

16 May, 2024 – 8:30 am

Directory Listings