Funds
By Matt Mulry, Dillon Eustace – Whether you’re looking to launch a private equity fund focused on venture capital, real estate, infrastructure, technology, energy, health care or art or a hedge fund focused on global macro, long/short equity, special situations, fixed-income or commodities the Cayman Islands is a great place to start.
There are many options available to the start up manager to establish a track record and build the scale required to attract capital from key institutional investors across the globe. The right first step will depend on the location of the manager, the nature of the initial investors,
Nasdaq is to acquire Sybenetix, a surveillance provider that combines behavioural analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry.
The addition of Sybenetix to Nasdaq’s Risk & Surveillance suite of solutions, including SMARTS and TradeGuard, will allow Nasdaq to bring deeper technology savviness and expertise to buy-side compliance officers across the global capital markets who require future-focused surveillance capabilities to protect their firms. Sybenetix’s behavioural science technology will further strengthen Nasdaq’s conduct surveillance offering, which will provide a holistic view of behavioural risks across trade, ecomms,
TAB has launched the global Crowdfunding and Marketplace Finance Index (CAMFI), marking the start of detailed quantitative tracking of this emerging asset class.
TAB partnered with AIF at Zhejiang University, Hangzhou Linghao Science and Technology Co Ltd and BBD UK to launch the new index, which analyses more than 4,800 debt (P2P), equity and rewards crowdfunding platforms globally to estimate the overall monthly climate of the global marketplace finance and crowdfunding industry to create a single global metric. The latest CAMFI figures show the industry experienced an overall downward trend in June, with CAMFI dropping from 103.40 in May to 87.95 in June, a
Global Advisors (Jersey) supported by JTC, and in partnership with law firm Carey Olsen, has launched what is believed to be the world’s first regulated, crypto-denominated fund.
CoinShares Fund I, which launched on 23 June 2017, is a self-managed fund and will receive investment exclusively in Ether, the ‘crypto-fuel’ which runs the Ethereum platform.
Global Advisors says it is the first regulated bitcoin investment strategy and the firm is the provider of Europe’s only exchange traded bitcoin notes (ETNs).
The firm writes that since May 1st more than USD1 billion was raised through Initial Coin Offerings (ICO).
“This statistic serves both as
iCapital Network, a financial technology platform aiming to democratise alternative investments for high-net-worth individuals and their financial advisors, has completed its latest funding round which included participation by Morgan Stanley Investment Management.
Morgan Stanley’s investment, together with investments from UBS Financial Services, Inc. (NYSE: UBS) and lead investor BlackRock (NYSE: BLK), brings iCapital’s total funding to date to over USD50 million.
iCapital’s online platform offers investors and their advisors access to select alternative investments such as hedge funds and private equity funds. The platform is powered by iCapital’s end-to-end technology solution, which automates the unique subscription, administration and reporting
The sharp outperformance of technology stocks, which represent 23 per cent of the the S&P 500 currently, lifted the index to new records last week, according to the latest weekly brief by Lyxor’s Cross Asset Research team.
In turn, the MSCI World also reached new records, considering the huge weight of US stocks (59 per cent) in the benchmark. The latest leg of the global equity rally is taking place in the context of the Q2 earnings season in the US, which has proved particularly good for technology companies so far. According to Bloomberg, 8 technology companies already reported Q2
AnaCap Financial Partners (AnaCap), the specialist European financial services private equity firm has competed an offering by AnaCap Financial Europe SA SICAV-RAIF (AFE) of EUR325 million of senior secured floating rate notes due 2024.
The offering took place through the new Luxembourg Reserved Alternative Investment Fund, AFE, building on AnaCap’s long track record investing in portfolios of performing and non-performing debt across Europe.
Justin Sulger (pictured), Head of Credit Investments at AnaCap Financial Partners LLP says: “AnaCap has been able to complete this transaction thanks to its long-standing track record in the European debt purchase sector. Another valuable component
Tradeweb Markets, a builder and operator of global fixed income, derivatives and ETF marketplaces, has made a strategic investment in DealVector, a fixed income asset registry and communication platform.
The investment aims to enhance and leverage Tradeweb’s diverse network of liquidity pools, and help support new opportunities for DealVector’s innovative registry and anonymous, authenticated messaging solutions.
“We look forward to enhancing our offering by working with DealVector. Its pioneering technology aligns well with our goal to deliver differentiated capabilities that provide greater transparency, efficiency and connectivity to institutional investors,” says Simon Maisey (pictured), Managing Director and Global Head of
Managed futures traders lost 0.98 per cent in June, according to the Barclay CTA Index compiled by BarclayHedge. This was the largest monthly decline so far this year as the Index is down 1.65 per cent through the first two quarters of 2017.
The BTOP50 Index, which tracks the 50 largest investable CTAs, also fell, registering a loss of 2.60 per cent in June, and is down 4.77 per cent for the year as well.
“The first half of 2017 has been difficult for the CTA industry,” says Sol Waksman (pictured), founder and president of BarclayHedge. “The combination of
Alternative UCITS funds continued experiencing strong capital inflows during 2017 with the market reaching EUR435 billion in assets under management by the end of June, a strong +10.2 per cent growth since beginning of the year.
That’s according to the LuxHedge Alternative UCITS Market Update which reveals that the most popular alternative strategies in UCITS format were Fixed Income Arbitrage (AUM +14.7 per cent), Global Macro (AUM +13.9 per cent) and Multi Strategy (AUM +12.9 per cent). Equity Long/Short funds stayed somewhat behind on this trend and recorded a +4.9 per cent increase in assets. With the VIX index at
