AlphaSwap, an investment technology platform which bundles its analyst community’s best equity investment ideas for institutional customers, has onboarded its first institutional clients and completed a USD1 million fundraising, including venture funding from the UK government’s Future Fund.
Alternative investment platform CAIS, which provides financial advisers with access to a wide range of alternative investment strategies including, hedge funds, has reported rapid adoption of its CAIS IQ learning system.
GAM Systematic, the Cambridge-based quantitative investment management unit of Swiss-headquartered global asset manager GAM, saw its assets tumble in the first half of 2020 as investors withdrew CHF900 million (USD981.3 million).
Sudrania Fund Services Corp (Sudrania) added 52 new clients to its platform in the first six months of 2020, including hedge funds, CTAs, and crypto funds.
SIX has reported operating income of CHF1,129.7 million for the 2019 financial year.
Man Group has seen its funds under management surge to a record USD117.7 billion in the last year, up from USD108.5 billion in 2018, which drove pre-tax profits up 54 per cent to USD386 million, as positive fund performance outweighed investor outflows.
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has reported record results for 2019 across all sales and client growth metrics tracked by the firm.
Integral, a provider of forex market technology for banks, brokers, and asset managers, has reported average daily volumes (ADV) across its platforms os USD36.3 billion in December 2019.
Akram & Associates, a boutique Public Accounting Firm specialising in accounting, audit and tax services to alternative investment entities, had another successful year in 2019, growing 40 per cent. The firm is targeting double-digit growth again in 2020.
JST Capital (JST), a global financial services firm specialising in digital assets, saw gross revenue increase 600 per cent at year-end 2019 compared with year-end 2018.