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Capital inflow into digital assets from active asset managers is expected to increase in the near future. Investor concerns regarding exposure to credit risk from exchange venues are being overcome as a result of new infrastructure developments.
Bitfinex, a state-of-the-art digital asset exchange, is leading the way in driving mass institutional participation in the crypto trading market. Through strategic partnerships, Bitfinex has created an institutional calibre offering, providing hedge fund managers with a robust infrastructure to enable them to offer digital asset trading to clients.
By A Paris – The institutionalisation and maturing of the cryptocurrency and digital assets world is taking place – at present this is primarily happening through investment professionals moving from traditional finance and setting up their own cryptocurrency funds. But increased allocations from institutional investors are also expected to follow as the long-term outlook for the sector looks robust, volatility notwithstanding.
Niclas Sandstrom, CEO & co-founder of Hilbert Capital, assesses the development of the industry through people moves: “Many of my colleagues, myself included, came from traditional finance, hedge funds or investment banks. This movement is a good thing because, although there are also people coming from
Continued central bank support amid the Covid-19 pandemic is creating “bubble-style valuations” in markets, according to Chenavari Investment Managers, a London-based credit-focused hedge fund.
By Patrick Ghali (pictured), managing partner, Sussex Partners – A lively debate is currently taking place amongst allocators as to whether onsite due diligence and face-to-face meetings are still necessary given the current environment. The simple answer must be a resounding: yes, absolutely.
The LoCorr Macro Strategies Fund (LFMAX, LFMCX, LFMIX), has surpassed the milestone of USD1 billion in net assets.
The LoCorr Macro Strategies Fund is not only the largest fund in the firm’s suite of low correlating solutions, but is the fastest growing fund with the highest net flows in its Morningstar Managed Futures category over the past 12-month period ending 5/31/2020.
Since inception in 2011, the Fund has delivered strong risk-adjusted returns and has outperformed both its benchmark and the Morningstar Managed Futures Category, as of 5/31/2020. Based on risk adjusted returns for the same period, the Fund (Class I)
OKEx, a bitcoin and ethereum futures exchange, has listed The Midas Touch Gold (TMTG), the ecosystem token of Digital Gold Exchange (DGE), with trading pairs against USDT and BTC.
TMTG spot trading will open from 07:00 UTC on 24 June, 2020. The deposit and withdrawal of TMTG will be available from 07:00 UTC 19 June, 2020 and 09:00 UTC 24 June, 2020 respectively.
TMTG was issued by DGE in 2018 as a bridge between traditional assets and cryptocurrency. In 2018, DGE signed an exclusive agreement with Korea Gold Exchange 3M, allowing TMTG holders to buy digital gold tokens, which can
A current non-executive director of Standard Life Investments Property Income Trust, JP Morgan Claverhouse Investment Trust and Ruffer Investment Company, has been appointed as an independent non-executive director of Alpha FMC, a consultancy to the asset and wealth management industry. Jill May will take up the role on 1 July 2020.
Read the full story on Institutional Asset Manager…
The concluding session at this year’s hedgeweekLIVE North America digital summit focused on the fundraising challenges – and opportunities – faced by start-up hedge funds, with speakers tackling what moderator Aaron Steinberg, director, prime Services at BNY Mellon-Pershing, described as the “Covid-19-sized gorilla in the room”.
The SS&C GlobeOp Forward Redemption Indicator for June 2020 measured 4.24 per cent, up from 4.00 per cent in May.
“SS&C GlobeOp’s Forward Redemption Indicator for June 2020 of 4.24 per cent was closely in line with historical averages for the month of June, though up somewhat from the very favourable 3.81 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This level of redemptions is consistent with other recent data points, indicating generally steady overall trends in asset retention for the hedge fund sector since the Covid-19 outbreak.”
The SS&C GlobeOp Forward Redemption
