Latest News
Hedge funds made more than USD1 billion from short positions in FTSE 100 companies during October’s stock market volatility, as managers capitalised on renewed uncertainty over the coronavirus pandemic and heightened fears of a no-deal Brexit.
Short sellers generated GBP828 million (USD1.067 billion) from FTSE 100 bets last month, and made profits on 75 out of the 100 companies that comprise the UK’s blue-chip index, according to new data from London-based equities analytics and research provider Ortex Analytics.
In September, hedge funds made GBP543 million betting against the London benchmark.
In what proved to be a “bumper” month for bearish
Hedgeweek, in partnership with Bloomberg, is starting the analysis of European hedge fund performance ahead of the annual Hedgeweek European Hedge Fund Awards.
Envestnet Yodlee, a data aggregation and analytics platform specialising in consumer spending data analytics, says asset managers are increasingly seeking out such alternative data insights in their hunt for alpha.
Integral, a technology company in the foreign exchange market, has reported that average daily volumes (ADV) across its platforms totalled USD43.8 billion in October 2020. This represents an increase of 6.8 per cent compared to September 2020, and an increase of 20.3 per cent compared to the same period in 2019.Read the full story at Institutional Asset Manager…
Regulated DeFi project KingSwap has achieved USD4 million in transaction volume in its first three days on Uniswap. KingSwap is a high-yield liquidity platform that offers extensive staking rewards, digital collectibles, and fiat conversions. Read the full story at Institutional Asset Manager…
Zoom has been the ultimate success story for 2020 as firms, globally, have adjusted to remote working. If I think about what the next best thing to Zoom will be, I would say it needs to be something that gives you the ability to walk into someone’s computer just as easily as walking into their office.
Belgo-Estonian fintech, Osom Finance has unveiled its new quant trending technology for crypto, developed by tech and finance veterans from Credit Suisse and KBC, specially designed for financial institutions and traders looking for a simple way to gain exposure to a very diversified set of crypto assets.
The SSW Group, which carries out proprietary trading in the asset classes of equities, ETPs and bonds, has launched a flagship private cryptocurrency fund as part of its expanding digital asset offering. The fund is managed in Gibraltar by SSW Group.Founded in 2004, the Germany-based group focuses on liquidity provision, with automated trading and efficient scalability, which the company has developed into an algorithmic-trading pioneer. The group combines state-of-the-art hardware with co-locations across the world to develop intelligence trading strategies.
In addition to traditional asset classes, SSW Group has now expanded its trading business also to crypto tokens and
Amid the global sell-off across all major asset classes last week bitcoin was the standout performer, rising 5.4 per cent versus gold falling 1.2 per cent, US 10yr treasuries 0.1 per cent and MSCI World 5.6 per cent respectively, according to the latest CoinShares Digital Assets Fund Flows weekly report.
Hedge funds “relatively prepared” for contested election result
Hedge funds “relatively prepared” for contested election result