Digital Capital Management (DCM) Crypto Asset Fund (CAF) Class X, one of the first crypto trading funds in the United States (launched July of 2017), has been ranked No1 in Net Return for Crypto Funds in 2021, in addition to
Huobi Technology Holdings Limited’s (Huobi Tech) wholly-owned subsidiary Huobi Asset Management (Hong Kong) Limited (Huobi AM), has launched an IPFS infrastructure mining fund, an important step in our Web 3.0 roadmap. This new fund product is currently available for professional
Pragma Financial Systems, a specialist in multi-asset execution technology, has entered into a multi-year agreement with the New York Stock Exchange to provide NYSE equity floor brokers with Polaris, a trading platform customised to the needs of the floor brokers
A backlash from investors has prompted struggling hedge fund Melvin Capital Management to ditch plans to start charging performance fees again despite incurring heavy losses, according to a report by The Wall Street Journal. Melvin Capital boss Gabe Plotkin last
Horizon Software, a specialist in market making and algo trading technology, has expanded its trading platform to include low-touch direct market access (DMA) order routing. Horizon is enhancing its capabilities to enable handling of high-volume order flows from clients to
Hedge fund Elliott Management is to invest in a special purpose acquisition company (SPAC), according to a report by the Financial Times. SPACs have fallen out of favour with many investors in recent months, but Elliott, along with New York
Qontigo, a provider of risk, analytics, and index solutions, has enhanced its Axioma Credit Spread Factor Risk Model (Credit Factor Model) with the addition of credit default swaps (CDS) and increased factor coverage. The model results in better risk forecasting
Ultimus Fund Solutions (Ultimus), an independent provider of full-service tech enabled fund administration, accounting, middle office and investor solutions to traditional and alternative fund managers, has launched an enhanced contingent NAV (net asset value) solution utilising FundGuard’s platform. The FundGuard
Maitland Fund Services has appointed Jacolene Otto as Head of Fund Services – Luxembourg, as of 1 April 2022. The Luxembourg regulator, the CSSF, has approved Otto’s Day-to-Day Manager (DDM) responsibilities, which will include both regulatory and functional reporting lines.
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has achieved System and Organization Controls (SOC) 2 Type 1 compliance. This certification reflects Drawbridge’s commitment to safeguarding critical client data while helping customers bolster their cyber
