Active Digital, a new digital asset hedge fund firm, has launched with a team of experienced traders providing a collective 27 years of crypto trading experience. The firm has already begun trading with personal capital and is seeking investments from funds of funds and family offices.
Active Digital takes a systematic approach to crypto trading with a market neutral fund and a long-short fund. The market neutral fund employs statistical arbitrage and basis trading strategies, utilising proprietary execution software that is designed to be adaptable to changing market conditions and new strategies.
The long-short fund is a fully systematic, quantitative momentum strategy that invests in a variety of liquid digital assets. It has the ability to identify directional trends in any market condition, both long and short, with the objective of producing strong risk adjusted returns over time, regardless of market conditions.
The long-short fund has a proven track record, having been run in house for the last three years, achieving a cumulative return of 663.50%, a Sharpe ratio of 1.29, and an annualised volatility of 61.80%. Meanwhile, the market neutral fund has a cumulative return of 18.50%, a Sharpe ratio of 2.13 and an annualised volatility of 6.10% over its one year of trading history for wholesale clients.
The team behind Active Digital has successfully traded through the FTX, 3AC, and Luna collapses of 2022 and has a diverse range of experience, with members having worked at Morgan Stanley, Deutsche Bank, International derivatives broker High Low Markets, Hyundai Investments, The Royal Australian Navy, and various family offices throughout Asia.
Active Digital is domiciled in the British Virgin Islands with offices in Scotland, South Korea, and Australia.
