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Delbrook Capital, a Vancouver-based specialist metals-focused long/short equity hedge fund, has continued to capitalise on this summer’s soaring precious metal prices.
The first automated crypto asset transaction, compliant with the Anti-Money Laundering Ordinance of the Swiss Financial Market Supervisory Authority FINMA, has been completed using Zug-based start-up 21 Analytics’ software.Read the full story at Institutional Asset Manager…
Hong Kong Exchanges and Clearing Limited’s (HKEX) wholly-owned subsidiary, Hong Kong Futures Exchange Limited (HKFE), has expanded its licensing agreement with MSCI Limited to include the broad-based MSCI Taiwan 25/50 Index, and plans to launch two new US-dollar (USD) denominated index futures contracts.Read the full story at Institutional Asset Manager…
London-based oil-focused hedge fund Westbeck Capital suffered a small dip in July after failing to capitalise on strong oil equities returns – but the strategy still remains up almost 70 per cent so far this year, with the firm now strongly bullish on an imminent price surge.
Westbeck has taken a cautious tone on the commodity short-term, but is becoming increasingly buoyant on a price rise next year, with oil predicted to follow on the heels of gold as a major beneficiary of strong investor inflows.
“We plan to remain aggressively exposed to oil equities on the long side for
Emerging markets online fixed-income intelligence and analytics platform REDD Intelligence, has appointed David Orbay-Graves as Managing Editor of Central & Eastern Europe, Middle East, and Africa (CEEMEA).Read the full story at Institutional Asset Manager…
Hedge funds reversed course in June from the pandemic-driven redemption trend of prior months, posting USD15.1 billion in inflows. It was a significant turnaround from USD8.0 billion in outflows in May, USD38.1 billion in April and USD85.6 billion in redemptions in March.
July’s inflows represented 0.5 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
The hedge fund industry turned in another profitable trading month as well, earning a USD34.7 billion trading profit and bringing total industry assets to more than USD3.11 trillion as the month ended.
Data from
Preqin, a provider of the alternative assets industry data, tools, and analytics, has appointed Christoph Knaack as its Chief Strategy Officer.
As the first person to fulfil this role for the organisation, Knaack will oversee Preqin’s corporate strategy and business development, as well as sit on its Executive Committee.
Before joining Preqin, Knaack held several investment roles, most recently as a hedge fund investor at Davidson Kempner in London. Before moving to hedge funds, Knaack worked in the private equity team at Kohlberg Kravis Roberts, and started his career in investment banking at Morgan Stanley. He holds an MSc in
Glue42 and Leading Point Financial Markets are partnering to provide a ‘next-generation’ trading desktop experience.
SteelEye, a compliance technology and data analytics firm, has announced the general released of its new Auto-Trade Reconstruction technology, which reduces the time it takes for a firm to reconstruct a trade from days to seconds.
CoinShares XBT Provider family of crypto exchange traded products (ETPs), wich provide investors throughout Europe with a simple way to access digital assets via their existing broker or platform, now have over USD1 billion in assets.Read the full story at Institutional Asset Manager…
