Managers
Total hedge fund industry assets have swelled to almost USD4 trillion globally, a rise of nearly USD370 billion since the start of this year, according to new capital flows data.
Cboe Global Markets, Inc (CBOE), a provider of global market infrastructure and tradable products, has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX).
ErisX operates a US based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for Cboe to enter the digital asset spot and derivatives marketplaces through a digital-first platform developed with industry partners to focus on robust regulatory compliance, data and transparency.
Founded in 2018, ErisX was designed and built with regulatory compliance and operational integrity at the fore. Its spot
Professional services firm JTC has acquired perfORM Due Diligence Services (perfORM), a provider of due diligence services to a diverse base of UK and international asset allocators and investment managers.
Launched in 2019, perfORM was set up as an Operational Due Diligence (ODD) business to provide solutions to asset allocators (including pension funds; wealth managers; family offices; fund of funds; asset managers; and endowments) across private credit, private equity, real estate, infrastructure, hedge, crypto and digital assets, and long only funds.
This acquisition forms part of JTC’s ongoing strategy of continuously developing its well-established fund solutions capability to add
US investment consultant, Meketa Investment Group, is looking for hedge fund risk mitigation and diversification strategies, as it looks to de-risk client exposure to directional equities.
Alternative data specialist QuantCube Technology, has launched the QuantCube Crude Oil Risk Sentiment Indicator. By processing sentiment data in relation to crude oil in Arabic as well as English, QuantCube has created the most comprehensive real-time indicator available for the commodity.
By employing social media analytics in both Arabic and English, alongside QuantCube’s proprietary Natural Language Processing algorithms and a specific dictionary tailored for the crude oil market, the QuantCube Crude Oil Risk Sentiment Indicator is able to accurately capture short-term risks in the market. It processes multiple factors impacting crude oil prices in real time, including OPEC meetings,
Abraham Trading Company (ATC), a hedge fund manager with a 33-year investment track record, has launched its first mutual fund today. The firm converted its private hedge fund, the Abraham Fortress Fund LP, into an SEC-registered mutual fund as of Thursday, 14 October.
“Every investor deserves institutional-quality investments,” remarks Salem Abraham, ATC president. “As a company with over three decades in the investment space, the mutual fund conversion allows us to share our 33 years of experience with both retail and institutional investors alike.”
The firm began in January 1990 as a commodity futures investment company, building a managed
Massar Capital Management has launched a new discretionary macro hedge fund strategy which aims to capitalise on directional trading opportunities across a broad set of global markets.
Sir Christopher Hohn’s TCI Fund Management has set out a strategic plan to overhaul Canadian National Railway which it says would put the Montreal-headquartered freight railway company “back on track.”
The London-based activist hedge fund this week outlined sweeping proposals for a “high-quality, experienced board, a world-class railroader as CEO and a long-term plan for sustainable growth.”
The plan also includes several board changes and a new CEO, four immediate key priorities, and a six-point plan for sustainable long-term growth.
In Monday’s announcement, TCI said CN’s current board had been responsible for “multiple corporate governance failures”, which has led to
TMX Group has launched the new TSX Market on Close (MOC), a facility designed to enable investors to source liquidity and participate in trades at the closing price.
The new features of the enhanced MOC facility are aimed at providing clients with an improved trading experience, and delivering benefits to the broader Canadian capital markets ecosystem with increased efficiency in determining end-of-day valuations for eligible Toronto Stock Exchange (TSX) and select TSX Venture Exchange (TSXV) listed issues.
“We are proud to introduce the new and improved TSX MOC, an adaptive response to industry needs and a significant step forward
BTIG has hired several industry leaders and senior product specialists to launch a new Structured Product business from within its Fixed Income, Currency and Commodities division.
Alejandro Feely, a twenty-year industry veteran, will lead the new business unit. He joins BTIG as a Managing Director and the Head of Structured Products. Additionally, Conor O’Callaghan, Michael Murray and Emily Brown join BTIG as part of the Structured Product sales and trading team.
BTIG Structured Product professionals will be focused on secondary trading as well as facilitating new issue for a wide range of products and client segments including banks, hedge funds,
