Funds
GTreasury, a treasury and risk management platform provider, has acquired Hedge Trackers, a provider of accounting, consulting, and software services to protect clients against financial risk.
The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled treasury and risk management platform. The combination of the two companies provides customers with best-in-class, integrated risk management technologies while continuing to expand GTreasury’s SaaS ecosystem built for treasury teams and the office of the CFO.
The total number of registered Jersey Private Funds (JPFs) has surpassed the 500 mark, according to the latest figures, as the structure continues to assert its appeal for flexible alternative fund structuring.
According to the latest quarterly statistics collated by the Jersey Financial Services Commission and published by Jersey Finance, there were 502 JPFs at the end of September 2021, a number that has risen by 38 per cent compared to the same time the previous year.
Launched in 2017, the JPF structure is tailored to the needs of small numbers of sophisticated investors and offers high levels of flexibility,
SteelEye, a compliance technology and data analytics firm, has announced a record year of growth. Revenues increased 88 per cent year-on-year in 2021 and the company now has over 120 institutional clients worldwide, with new clients including Oppenheimer Europe Ltd and JonesTrading.
SteelEye – which is headquartered in the UK and has offices in London, New York, Paris, Bengaluru, and Braga – has seen increasing demand for its services as financial firms’ regulatory compliance needs have grown across the globe. In response, the business expanded to the United States last year, backed by USD17 million funding rounds in 2020, and
The world’s top 20 hedge funds in terms of performance generated a record USD65.4 billion for investors in 2021, according to data released by LCH Investments, a fund of funds firm that tracks returns and is part of Edmond de Rothschild group.
ELYSIA, a decentralised project linking has raised a strategic investment (USD1 million) from FBG Capital, a Singapore-based cryptocurrency hedge fund and venture capital firm.
The ELYSIA Foundation plans to utilise FBG Capital’s network to preoccupy the global market and accelerate technological advancement through this investment.
ELYSIA is a protocol that makes real assets into asset tokens (NFTs) to be used on-chain, and the asset tokens created in this way can be used in ELYSIA’s DeFi, ELYFI. ELYFI is the first DeFi project to utilise real assets brought on-chain through the ELYSIA protocol. Participants in the ELYFI Protocol can obtain investment
The World Carbon Fund delivered +2.31 per cent in December, bringing full year 2021 performance to +59.26 per cent.
All five compliance carbon markets generated positive returns in December, though the EUA once again displayed huge intra-month volatility.
The Fund’s “Core Long” strategy successfully captured upside from these moves and “Alpha Strategies” continued to deliver on its objective of generating returns from a variety of intraday and spread trading strategies.
BNP Paribas Asset Management (BNPP AM) has finalised the integration of BNP Paribas Capital Partners (BNPP CP), its specialised alternative multi-management platform including private asset fund solutions, as well as funds of hedge funds and UCITS-compliant hedge funds.
In line with BNPP AM’s strategy of accelerating the development of its private asset investment strategies, and following the signing of the acquisition of Dynamic Credit Group in September 2021, the integration of BNPP CP further strengthens BNPP AM’s Private Debt & Real Assets investment division (PDRA), bringing its assets under management to more than EUR20 billion.
The closing of this transaction
The hedge fund industry returned to monthly gains in December, returning 1.26 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
A new macro trading unit established by Schonfeld Strategic Advisors has been allocated USD5 billion, including leverage, according to a report by Bloomberg.
Led by industry veterans Colin Lancaster and Mitesh Parikh, the new unit which is due to debut next week, will start with 10 portfolio managers including former Balyasny’s Farouk Juma, who has come out of retirement to join the venture, Miami-based Andrew Foray, former Citadel macro trader Amu Latif, Daniel Stewart from GIC Asset Management, Manas Baveja from Balyasny, and Dev Sahai from Maniyar Capital.
Research will be run from London by Jaime Villa.
Q4 was a challenging quarter, says UBP AIS CIO
Q4 was a challenging quarter, says UBP AIS CIO