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Investors continued to add more money to hedge funds last month – after pouring more than USD9 billion into the industry in July – as the sector recovers from a bruising four-month run of withdrawals and allocators drift back to the sector, new industry data shows.
Altogether, hedge funds attracted some USD7.36 billion of positive inflows in August, according to eVestment, whose latest flows report highlighted an “impressive” breadth of allocations despite a reduced volume of asset movement compared to recent months.
But it also warned of a “rocky” outlook, with investor sentiment hinging on how successfully hedge fund strategies of all
Forex electronic trading platform and technology services provider EBS has connected its EBS Institutional (EBSI) execution management system to thinkFolio, a multi-asset investment management platform from IHS Markit.
As a result of this new service to be in place by Q4 2020, thinkFolio clients will be able to access EBSI’s unique execution functionality to reduce their trading costs. Additionally, mutual clients of IHS Markit and EBSI will benefit from thinkFolio’s extensive cash and currency management capabilities, sophisticated analytics and enhanced liquidity. The integration of workflows across the two systems will enable portfolio managers and traders to aggregate or split FX
Compliance and registration solutions provider RIA in a Box has launched a new platform to address the unique regulatory requirements faced by private fund advisers including venture capital, private equity, and hedge fund managers.
Read the full story at Private Equity Wire…
Digital asset trading platform Bitfinex has launched Bitfinex Terminal, a real-time market data feed to power algorithmic trading, available via Dazaar.
Bitfinex Terminal allows users to backtest trading ideas and execute trading strategies. Users can also sync and share trading data and trading signals, utilising Dazaar’s peer-to-peer (P2P) network. These streaming data feeds can be cryptographically verified.
“Bitfinex Terminal has been developed to empower algorithmic traders,” says Paolo Ardoino, CTO at Bitfinex. “The delivery of this service over Dazaar’s peer-to-peer model enhances levels of scalability for a service that is free and open to all.”
“The provision of real-time market
Pierre-Henri Flamand, Man GLG’s CIO emeritus and hedge fund industry veteran, says the huge economic stimulus from governments to combat the coronavirus crisis is fuelling the threat of inflation, and is warning investors to “be vigilant rather than to relax”.
The unprecedented cash injections from central banks and governments this year to support economies suggest a “clear threat that we may be entering an inflationary decade”, said Flamand, a former star manager at Goldman Sachs and now senior investment adviser at UK hedge fund giant Man.
He believes the inflation threat far outweighs the challenges posed by the upcoming US
BitBay.net, an Estonia licensed crypto-to-fiat exchange, has now listed tether (USDt) on its platform.
BitBay.net is one of the most established crypto-fiat exchanges in Europe while USDt recently surpassed a market capitalisation of USD15 billion, thereby cementing its position as the most liquid, stable and trusted stablecoin.
“We are gratified that tether is now listed on BitBay, an established and trusted exchange in the European digital asset ecosystem,” says Paolo Ardoino, CTO at Tether. “We anticipate a ready demand among the platform’s user base. The market has once again spoken. People like using crypto’s preeminent stablecoin.”
“Tether is undoubtedly the
Binance’s cryptocurrency derivatives platform has transacted USD1 trillion in year-to-date volume. Binance Futures started a year ago in September 2019, and has rapidly grown into a market leader.
“The story of Binance becoming the world’s largest crypto exchange through our spot trading volume in our first year is one that we strived hard for. We are grateful that our Futures exchange has also been well-received by our users. We applied what worked for us in spot trading with Futures, ensuring platform stability, product innovation, excellent user-friendly interface and user support. We will continue to provide the community with the most
BornTec, a software solutions provider for trade data analysis and reporting, has released CrossCheck 2 (CC2), a wholly reimagined version of its platform CrossCheck platform.
CrossCheck was built to seamlessly aggregate and normalsze data flows from exchanges, trading platforms, OMSs, and middle- and back-office systems, allowing for simple, efficient, and informative analyses for processes such as regulatory reporting and trade surveillance. CC2 has been rebuilt from the ground up to optimise the platform’s performance, scalability, and data throughput. A refined user experience gives customers a powerful yet easy-to-use interface with an expansive feature set, while a next-generation, hyper-scalable core powers
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AIMA and ACC welcome EC’s CMU plan
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