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Hedge funds have stormed into the second half of the year, recording their second highest monthly return in almost 18 months, and their third biggest monthly return in a decade, with equities and macro-focused managers leading the way.
New data for July published by Hedge Fund Research shows widespread gains across an assortment of strategies.
HFRI president Kenneth Heinz pointed to surging gains in July across technology, activist, CTAs and volatility strategies, along with cryptocurrency funds. He said institutional investors are now looking to increase exposure to hedge funds in light of strong performance throughout this year’s volatility.
Overall, the
RJO MENA, an affiliate of RJ O’Brien & Associates, has acquired Lombard Forte Securities Limited (LFS), a Dubai-based provider of a diverse range of execution and brokerage services to a wide range of customers including hedge funds, asset managers and the largest investment banks both regionally and globally.Read the full story at Institutional Asset Manager…
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has expanded its strategic partnership with IPC, a global provider of secure, compliant communications and networking solutions for the global financial markets. The partnership will provide IPC customers with access to Vela’s award-winning market data solution, SuperFeed, via Connexus Cloud, IPC’s flagship financial ecosystem that interconnects more than 6,600 capital market participants across the globe. It will also enable IPC customers, utilising Connexus Labs, to access an on-demand market data solution to support trading application testing along with third-party product evaluations.
Vela’s SuperFeed is a
IDEX, a decentralised cryptocurrency exchange (DEX), has secured a USD2.5 million seed investment led by G1 Ventures and Borderless Capital, including Collider Ventures, and Gnosis, to launch IDEX 2.0, a high-performance DEX. The new exchange will combine the speed and features of a centralised exchange (CEX) with the security of a DEX.
Historically, DEXs have lacked liquidity compared to their centralised counterparts, primarily because their design is not compatible with the software and strategies of the largest market makers and liquidity providers. High-latency, driven by on-chain execution, has made it impossible for market makers to quote deep liquidity at tight spreads,
Despite recently hitting an all-time high, the price of gold is widely expected to increase further in the second half of the year, according to Kryptoszene.Read the full story at Institutional Asset Manager…
Blockchain speciaslist Huobi Group has launched a new platform to enable decentralised finance (DeFi) research, investment, and incubation.Read the full story at Institutional Asset Manager…
Rhenman & Partners Asset Management, a Stockholm-based hedge fund firm which invests in global healthcare stocks, is optimistic about a post-US election market bounce, and points to “intense activity” among vaccine developers working on a treatment for Covid-19.
The firm’s Rhenman Healthcare Equity Long/Short Fund – which trades a range of small, medium and large pharmaceuticals, biotechnology, medical technology and service company stocks – was down in July.
But Henrik Rhenman, founding partner and chief investment officer, believes the traditional uncertainty that typically looms over the healthcare sector ahead of every US presidential election will give way to a strong
Responding to growing demand from investment managers for support, including hedge and private equity fund managers, global asset management firm Alpha Innovations (AI) has launched its new AI Global Investors (AIGI) platform.
“More than 4,000 hedge funds have closed their doors in the last five years, setting loose a vast torrent of talent into the marketplace,” AI CEO Lawrence Newhook says. “They’re going out on their own and they need infrastructure. The new AI Global Investors platform provides that, speeding them to market.
“There’s a big problem in the industry. The large shops have the infrastructure required to win mandates