Managers
MOSS, the environmental platform that tokenisee carbon credits, has partnered with Argentium Digital Asset Management Limited for the purchase of MOSS’s MCO2 carbon credits as part of the hedge funds’ carbon-neutral investment approach.
As part of the arrangement, Argentium will purchase and ‘burn’ the required number of MCO2 tokens to ensure both the fund and the company operate on a carbon-neutral basis.
“We’re pleased to see the growing trend toward environmental consciousness and solutions among those in the digital currency space,” says Luis Felipe Adaime, CEO and founder of MOSS.
“We recognise that our trading activity necessitates the use of
The Covid-19 pandemic is opening up a deeper discussion around more business functions becoming permanently outsourced, particularly among start-up and emerging hedge funds battling against budgetary constraints.
Speakers at the fourth annual HedgeweekLIVE North America Emerging Manager summit this week discussed how approaches towards outsourcing – traditionally the next step on the emerging manager journey after launch – have dramatically changed as a result of the coronavirus crisis and remote working.
Jack Seibald, managing director and global co-head of prime brokerage and outsourced trading at Cowen, believes the pandemic has accelerated what had already been a meaningful upward trajectory in terms of outsourced
The SS&C GlobeOp Forward Redemption Indicator for June 2021 measured 2.68 per cent, up from 2.46 per cent in May.
Nickel Digital Asset Management’s (Nickel) flagship Digital Asset Arbitrage Fund posted strong returns in May, extending year-to-date returns to double digits. That was despite the underlying market going through one of the deepest bitcoin corrections in recent memory.
The fund was up +2.6 per cent in May in the face of bitcoin dropping over 50 per cent from April’s record levels. This month’s profits mostly came from the perpetual swaps, the futures basis and options trading.
The fund extended its streak of all-positive months since its inception 24 months ago, while delivering an industry-leading Sharpe of 4.8. The strong performance
Tesseract, an institutional digital asset lending company in Europe and emerging markets which provides digital asset lending solutions to institutional clients, such as hedge funds and retail trading platforms, globally, has raised USD25 million in its Series A funding round.
Read the full story at Private Equity Wire…
AcadiaSoft Inc, an industry provider of integrated risk management services for the derivatives community, has re-branded as Acadia.
Read the full story at Institutional Asset Manager…
BNP Paribas Asset Management (BNPP AM) has launched the BNP Paribas Multi-Asset Thematic, an innovative fund investing across BNPP AM’s range of thematic strategies.
Read the full story at Institutional Asset Manager…
Wheelhouse Advisors, a provider of prudential management, regulatory reporting and accounting, tax and HR support to the financial services sector, has partnered with ThinCats, a funding specialist for the mid-market.
Franklin Templeton is growing its liquid alternative fund range with the launch of two new strategies – the Franklin K2 Cat Bond UCITS Fund and Franklin K2 Athena Risk Premia UCITS Fund – to capitalise on “growing demand” for liquid UCITs structures.
The Franklin K2 Cat Bond fund will trade a portfolio of natural catastrophe bonds with a view to generating attractive risk-adjusted returns and compelling current income with limited correlation to other asset classes.
The fund is managed by Jonathan Malawer (pictured), K2 Advisors’ New York-based managing director, head of insurance-linked securities, commodities and environmental Strategies. Malawer, who joined
TA Associates, a global growth private equity firm, has made a significant minority investment in global financial services provider Apex Group Ltd (Apex).
Read the full story at Private Equity Wire…
