CoinShares International Limited (CoinShares), following receipt of approval from the Autorité des Marchés Financiers (AMF), has acquired Napoleon Asset Management, the first digital asset manager to be licensed under the AIFM Directive. The transaction signed and completed on 30 June,
Dubai is fast becoming a new hedge fund hotspot with a clutch of managers swapping more traditional locations for the emirate, according to a report by Bloomberg. Millennium Management, the hedge fund firm founded by Izzy Englander, now employs around
Bitfinex, a state-of-the-art digital token trading platform, is listing new markets for Convergence (CONV), an automated market maker (AMM) that aims to make private assets interchangeable in the decentralised finance (DeFi) space. Convergence is an AMM that makes private tokens
Both Blockchain.com and Deribit were part of a group of creditors who pushed for troubled cryptocurrency hedge fund Three Arrows Capital (3AC) to ordered into liquidation, according to a report by Bloomberg. Cryptocurrency exchange Blockchain.com is also reported to have
The Scotiabank Canadian Hedge Fund Index ended May 2022, down -1.73% month-on-month on an asset-weighted basis and down -2.03% month-on-month on an equal-weighted basis. The comparable benchmark indices were both up slightly for the month, with the S&P TSX 60
GoldenSource, an independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has launched cloud data services for financial markets firms to better manage data into and within data lakes and warehouses.
Dean Cooper, co-head of CEEMEA credit trading at UBS Group is to join Millennium Management as the hedge fund continues to expand its emerging markets operation in Dubai, according to a report by Bloomberg. The report cites unnamed sources as
PitchBook, a data provider for the private and public equity markets, has expanded its data coverage and enhanced search functionality of nearly 20,000 hedge funds and liquid alternatives to help investors and fund managers unlock new alternative investment opportunities and
New hedge fund launches have jumped to the highest level since Q1 2021 and reached the second highest quarter since Q4 2017 as the HFRI 500 Macro Index surged through global inflation-induced financial market volatility, according to the latest HFR
Hedge fund D E Shaw and four of its senior executives have been ordered two pay $52 million in a defamation case brought by a former partner, according to a report by the New York Times. A panel of Financial
