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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 –
Substantive Research, a research discovery and research spend analytics provider for the buy-side, has appointed Michael Malpiede as Senior Sales Associate Americas, and Alex Mackinnon as Sales Associate in Europe, to lead the company’s US expansion.
Read the full story at Institutional Asset Manager…
AK Jensen Group (AKJ), a provider of turnkey trading and infrastructure solutions for fund managers, has acquired FMG Malta Ltd (FMG), a full scope Alternative Investment Fund Manager (AIFM) for both traditional and crypto hedge funds.
The acquisition, which is subject to regulatory approval by the Malta Financial Services Authority, allows AKJ to acquire a supplemental regulatory structure providing a Brexit pathway, distribution network and established client base. Additionally, the transaction will allow FMG members to utilise AKJ’s turnkey hedge fund offering for the benefit of their clients.
Anders Kvamme Jensen, CEO of AKJ, says: “FMG has a 30-plus year
Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, has chosen Algorand as its blockchain protocol partner.
Read the full story at Institutional Asset Manager…
Digital asset investment firm Techemy Capital has launched Decentralized Exchange-Traded Portfolios (ETP’s) built on onchain asset management platform Balancer, starting with a DeFi ETP.
Read the full story at Institutional Asset Manager…
Bitwise Asset Management, a provider of index and beta crypto funds, has surpassed USD1 billion in assets under management (AUM) across its fund family.
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A number of well-known hedge fund short sellers continue to target London-listed oil and gas company Tullow Oil, as the beleaguered exploration firm looks to overhaul its business model and improve its balance sheet position.
In this article, CollasCrill’s Christian Hidalgo and Simon Gray of BVI Finance revisit the incubator fund – ever-popular with hedge fund managers and family offices – focusing on the structure’s new popularity among crypto and digital investors.
Overbond’s fixed income artificial intelligence (AI) now offers protocol and system agnostic integration with venues and e-trading systems used by sell-side and buy-side trading desks thanks to a strategic alliance with electronic trading innovator, Rapid Addition.
Read the full story at Institutional Asset Manager…
