Digital Assets Report

Latest News

The Chicago Board Options Exchange (CBOE) plans to list S&P 500 Index (SPX) Monday-expiring Weeklys options, beginning 15 August 2016, pending regulatory approval.  With the expected introduction of SPX "Monday Weeklys," CBOE will now offer SPX options with Monday, Wednesday and Friday weekly expirations.   CBOE's new SPX Monday Weeklys options will generally have the same characteristics as CBOE's Wednesday- and Friday-expiring SPX Weeklys options, with the exception of their listing and expiration dates.    The initial expirations for the new Monday Weeklys are planned for 22 August and 29 August. Going forward, new expirations for the Monday Weeklys will typically
Sprott Asset Management, a USD10 billion Toronto-based alternative asset manager, has rolled out a second iteration of the firm’s private credit trust strategy, Sprott Private Credit Trust II, with hedge fund specialist Arif N Bhalwani.  Bhalwani is the chief executive officer and managing director of Third Eye Capital Management, a sub-adviser to Sprott Asset Management.   Sprott Private Credit Trust II focuses on identifying short-term opportunities primarily in North American companies that are otherwise unable to access financing.    The strategy of the fund is to invest in underlying funds that hold an actively managed portfolio of asset-based loans that will be focused on private and public companies, primarily in Canada and the US, that are otherwise unable to
State Street Corporation has agreed to participate in a pilot programme to test DTCC-Euroclear GlobalCollateral’s Margin Settlement Messaging Service. Powered by Margin Transit Utility (MTU) technology, GlobalCollateral’s Margin Settlement Messaging Service has been developed to provide straight-through-processing for the settlement of margin obligations.   By participating in the pilot programme, State Street aims to further streamline its margin call processes, increase transparency through automated collateral settlement tracking, enhance client service, and improve custodian communications. State Street will initially pilot the MTU functionality with select client portfolios to evaluate how the technology could be leveraged more broadly.   As the industry
Martin Jonsson and Anders Wennberg have been recruited as new senior managers for the team at the Catella Hedgefond fund. “We are pleased and proud to be able to announce Martin Jonsson and Anders Wennberg as new senior fund managers at Catella,” says Erik Kjellgren, head of the Swedish fund operations. “Catella has very high ambitions for its fund management and, with their solid background from one of the market’s most high-profile hedge funds, these individuals will be an excellent complement to the existing Catella Hedgefond team.   “This recruitment therefore complements and completes the overall equities team for Catella
More than 80 per cent of institutional investors surveyed at a recent event hosted by Northern Trust in Stockholm expect investor allocations to alternative assets to increase within the next five years, with private equity and infrastructure to receive the highest new allocations. Approximately 50 Nordic institutional investors – including some of the largest and most sophisticated asset owners in the world – were surveyed on their perspectives on the evolving role of alternative investments.   “In the current low growth, low interest rate environment, alternative investments play an increasingly important role for investors looking for higher yield and lower
RSRCHXchange, the online marketplace for institutional research, has formed a strategic partnership with Substantive Research, an independent curator of daily macroeconomic investment research for asset managers and asset owners. The partnership will close the gap between new research and point of sale. The daily Substantive Research Briefings highlight to portfolio managers the latest macro research and will now link to the RSRCHX platform, enabling them to procure the reports in real time.   Substantive Research helps investors find the best top-down research quickly by curating and distributing daily briefings that summarise five of the highest quality macroeconomic, allocation and strategy
The global hedge fund industry returned an average of +0.86 per cent in June and finished up the second quarter at +2.09 per cent, according to the June/2Q 2016 eVestment Hedge Fund Performance Report.  The overall positive returns for hedge funds and very strong returns in some specific segments highlighted the value hedge funds can offer investors during volatile market conditions.   And while the impacts on hedge funds of the late June BREXIT vote aren’t entirely clear yet, the report does note some challenges as a result of the uncertainty in European and world markets the late June referendum
Bill Prew (pictured) from the INDOS Group has written a note on the implications of Brexit on AIFMD depositaries. “A UK withdrawal from the European Union (EU) following the 23 June 2016 ‘Brexit’ Referendum has potential implications on the existing requirement for UK Alternative Investment Fund Managers (AIFMs) to appoint, in certain circumstances, a depositary under the Alternative Investment Fund Managers Directive (AIFMD),” he writes.  “To recap, AIFMD introduced a requirement for certain AIFMs to ensure that a depositary is appointed to perform a fiduciary oversight role over the Alternative Investment Funds (AIFs) which they manage. The depositary requirements for UK
Total assets managed by the top 100 alternative investment managers globally reached USD3.6 trillion in 2015, up 3 per cent on the prior year, according to research produced by Willis Towers Watson. The Global Alternatives Survey, which covers ten asset classes and seven investor types, shows that of the top 100 alternative investment managers, real estate managers have the largest share of assets (34 per cent and over USD1.2 trillion), followed by hedge funds (21 per cent and USD755 billion), private equity fund managers (18 per cent and USD640 billion), private equity funds of funds (PEFoFs) (12 per cent and
Hedge funds posted gains in June as global financial markets experienced massive dislocations across currency, equity, fixed income and commodity markets stemming from the result of the UK referendum on EU membership. The HFRI Fund Weighted Composite Index gained 0.8 per cent for the month, the fourth consecutive month of positive performance, as reported today by HFR. Macro strategies posted their strongest monthly gain in over five years, while defensive hedging limited exposures of directional equity hedge and event-driven strategies.   June performance topped most regional equity markets for the month, with the notable exception of UK equities. The monthly

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings