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Retail platforms, led by Amazon, have revolutionized how we behave as consumers and placed convenience and quality of customer service at the centre of the model. How can asset management firms take lessons from this and could there be a way forward for them to adopt more of a platform-centric way to providing fund services? And in doing so, harness the power of the platform to re-think fund distribution and bring a sense of order to the highly fragmented, chaotic nature of global asset management?
Global law firm Ropes & Gray has bolstered its international funds offering with the appointment of Emily Brown as a partner in its Asset Management Group, based in London.
Read the full story at Institutional Asset Manager…
Gemini, a crypto exchange and custodian, has launched a new global offering — Gemini Fund Solutions — to provide fund managers with custody, clearing, trade execution, and other capital markets services tailored to ETFs, closed-end funds, and other fund vehicles.
Read the full story at ETF Express…
Tuesday, 9 February marked the successful launch of the EPEX SPOT Polish Day-Ahead auction which extends the Group’s power spot offering in Central Europe. The market started off well with 33.6 GWh traded until the end of the month.
In the European Power Derivatives markets, French Futures grew by 16 per cent to 36.2 TWh, while the Austrian, Swiss and Dutch Power Futures all recorded double-digit growth rates. Nordic Power Futures more than quadrupled and reached a new monthly record at 2,192 GWh (previous record: 1,312 GWh in November 2020). Polish Power Futures also achieved their highest volume so far
Bitfinex, a digital token trading platform, has expanded the range of market data services available to algorithmic traders with the launch of snapshots of historical funding book data on Bitfinex Terminal.
The launch of historical funding book data adds to the range of advanced tools available to Bitfinex customers, enabling the analysis of trading data and the backtesting of ideas to power algorithmic trading strategies.
Historical funding book data, which consists of snapshots taken every 5 seconds, is the second set of premium data available on a pay-as-you-go basis on Bitfinex Terminal, following the earlier launch of historical exchange order
EQUOS, Diginex’s institutional-grade cryptocurrency exchange, has launched ether (ETH) Perpetual Futures (ETH/USDC[F]), to provide investors with the opportunity to trade and hedge in all market conditions.
This launch follows the EQUOS’ Bitcoin Perpetual Futures (BTC/USDC [F]), which was introduced to EQUOS customers in early January. It is part of the continuing roadmap for EQUOS in its mission to create the industry-leading derivatives trading venue, for both institutional and individual investors.
The EQUOS ETH Perpetual Future is designed to allow professional traders and institutional investors to take a directional position on ETH using USDC as collateral, in an environment that is
Since launching in late 2018, BKCoin Capital, a New York-based digital asset-focused hedge fund firm, has built an impressive track record with its market neutral, arbitrage-based approach to cryptocurrency trading.
Established by founding principals Carlos Betancourt and Kevin Kang, the BKCoin Digital Asset Fund aims to capitalise on price inefficiency and volatility within cryptocurrencies using an algorithm-based trading model that fuses elements of statistical arbitrage and multi-strategy long/short investing.
Reflecting on the firm’s origins, Betancourt and Kang recall how investors were initially cautious on what they saw as the speculative, volatile nature of cryptocurrencies. BKCoin Capital sought to develop a
The biggest hedge fund firms topped performance charts and drew the most investor capital over the course of last year, with 2020 proving “the year of outsourcing” for a range of middle office functions, as the industry demonstrated its value to investor portfolios, according to new analysis by Citco.
Citco Fund Services’ ‘2020 Hedge Fund Report: A Year In Review’ said the past 12 months had been a “huge year” for the industry, as managers went from “strength to relative strength”, withstanding surging trading volumes and spikes in volatility.
Citco, which provides asset servicing solutions to the global hedge fund
State Street Corporation (NYSE:STT) has launched its new Peer-to-Peer Repo programme for the buy-side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets.
Read the full story at Institutional Asset Manager…
Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity
Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity