Latest News
Bison Trails, a blockchain infrastructure platform-as-a-service company, has launched Polkadot Indexer, a new API that will enable developers, analytics companies and institutions to efficiently access and query data from the Polkadot and Kusama blockchains.
With the Polkadot community growing globally, the new Polkadot Indexer API will offer Bison Trails customers a robust and efficient way to access alternate views of blockchain data, track relevant trends, and uncover insights to optimise participation and application performance with fewer requests to their nodes.
”Polkadot’s unique infrastructure makes it a great candidate for developers to build dApps and other robust applications. With growing
Sterling Trading Tech (STT), a leader in technology solutions for the equity, equity options, futures and digital asset trading, has appointed Erik Schmidt as Chief Operating Officer (COO).
Read the full story at Institutional Asset Manager…
Tether tokens (USDt) has crossed the USD35 billion mark, amid growing institutional and corporate demand.
USDt is cementing its role within the digital token ecosystem with many digital token spot exchanges now denominating pairs in USDt rather than bitcoin (BTC). Meanwhile, USDt is increasingly being used in remittances and innovative projects in the digital token ecosystem, including those in the nascent space of decentralised finance (DeFi).
“The market has once again spoken: people like using Tether,” says Paolo Ardoino, CTO at Tether. “Our growth reflects the utility of Tether in the overall digital token ecosystem, with the market capitalisation of
London-based alternative investment firm Broad Reach Investment Management has chosen Arcesium’s modular Treasury Suite to scale its treasury operations and management functions.
The news comes as Arcesium recently expanded into Europe, announces a new office opening in London and the hire of Chris Barrow as Head of Business Development for Europe.
Arcesium’s treasury technology introduces transparency and control into Broad Reach’s collateral management workflows, providing an independent, holistic view into their data. Broad Reach can further optimise their multi-asset collateral allocation through advanced margin replication and simulation capabilities from the technology suite.
“We were looking to amplify our treasury operations
Hedge funds attracted USD6.39 billion of new capital last month as investors piled into a wide variety of strategy types, particularly macro and managed futures, according to new industry data from eVestment.
Managers running macro and managed futures strategies were the big winners in terms of allocator appetite in January, eVestment said on Thursday, as long/short equity funds lost money – a shift which could hint at potential investor concerns over the state of equity and credit markets in early 2021.
January’s positive inflows to the industry follows three consecutive years of annual outflows, during which time around USD200 billion exited
PIMCO has appointed Kimberley Stafford, Managing Director, as Global Head of the the firm’s Product Strategy Group, overseeing traditional strategies and Alternatives, which include PIMCO’s private strategies and hedge funds.
Read the full story at Institutional Asset Manager…
Praesidium Investment Management Company (Praesidium) has appointed Daniel McHale as Director of Client Service and Business Development.
McHale joins Praesidium from Morgan Stanley where he served as Executive Director, Head of Business Development, leading a hedge fund solutions platform with over USD22 billion in assets under management and spearheading client engagement for one of the world’s fastest growing large, global asset managers. Prior to Morgan Stanley, McHale held senior roles at RSP Investments, Lyster Watson & Co LLC, FBR Capital Markets, and Sanford C Bernstein & Co LLC.
With over 20 years of alternative investments and business development experience, McHale
Alameda Research is leading a USD40 million investment round in Oxygen, a decentralised prime brokerage protocol that will offer prime brokerage services that have traditionally been limited to investment banks and hedge funds to everyone, free of centralised control.
The investment round will be joined by MultiCoin, Genesis Capital and CMS.
The Oxygen protocol will integrate into MAPS.ME bringing a potential user base of more than 100 million into the liquid DeFi Serum ecosystem.
“Oxygen will be the most sophisticated and elegant risk management tool in DeFi – with a strong team, growing ecosystem and large potential user
KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group.
Hedge funds could be set for a rush of new capital pouring into the industry this year – potentially reaching up to USD30 billion – as investor appetite grows following strong 2020 performances, Barclays said on Wednesday.
The bank’s ‘2021 Global Hedge Fund Industry Outlook and Trends’ report found that allocator sentiment towards hedge funds is the strongest it’s been since 2014, with 41 per cent of all investors planning to increase their hedge fund exposure this year.
The annual hedge fund investor survey quizzed 240 firms representing USD5 trillion in assets, including USD725 billion of hedge fund investments –
