Managers
Blockchain platform Lohko has teamed up with London-based tech firm Mattereum to launch a new ownership model of physical goods that will enable verifiable gold non-fungible tokens (NFTs) to be traded on the blockchain and attached to carbon offsets.
Read the full story at Institutional Asset Manager…
Nikhil Kamath and Richard Pattle, Co-founders of True Beacon, an Indian asset management company, have launched the first operational Alternative Investment Fund (AIF) in Gujarat International Finance Tec-City (GIFT City).
True Beacon Global, a Fund for international strategic investors, will provide access to Indian capital markets with high levels of transparency, coupled with zero management fees and a globally competitive tax regime.
True Beacon serves over 250 ultra high net worth and high net worth individuals in India, and is headquartered in Bangalore. The company’s flagship Fund, True Beacon One, delivered a 32 per cent outperformance of the Indian equity
Diginex Limited, a digital assets financial services company, has announced that combined 24-hour spot and derivative volumes on its EQUOS cryptocurrency exchange reached a record-high, exceeding USD200 million on May 20, 2021. Trading volume for the past 30 days has increased more than 40 per cent to USD2.9 billion, only three weeks since the company announced a record USD2 billion in 30-day volumes on May 4, 2021.
Read the full story at Institutional Asset Manager…
Chinese Long Short Equity hedge funds substantially outperformed their American equivalents in 2021, according to research carried out by AlternativeSoft.
Marketa globally had a year of extreme volatility in 2020 due to the ongoing pandemic. According to the World Economic Outlook report by IMF in January 2021, the overall world output fell by 3.5 per cent. China was the only country with a positive growth of 2.3 per cent, while the United States fell by -3.4 per cent. United States and China constitute 40 per cent of the world’s GDP.
AlterntiveSoft selected hedge funds with AUM greater than USD10 million,
In light of the recent scandals resulting from mispriced assets, and the broader impact of Covid-19 on the global economy, the need for accurate financial and valuation reporting in private markets – where the underlying assets are largely illiquid and hard to value – is a germane issue for investors.
Certares Management (Certares), an investment specialist dedicated to the travel, tourism and hospitality sectors, and Knighthead Capital Management, (Knighthead), a credit investment management firm, have closed the CK Opportunities Fund at approximately USD1.5 billion in total commitments.
The Fund exceeded its initial target of USD1 billion over a six-month fundraising period in a fully virtual environment. The Fund received strong support from a diversified global investor base, including leading sovereign wealth funds, family offices, pensions, endowments and foundations, and financial institutions.
The fund is the first co-managed fund for Certares and Knighthead, and it represents a powerful partnership between the