Latest News
Eventus Systems, a global trade surveillance and risk management software platform provider, has appointed Jeff Gale as Sales Director, EMEA, based in London. Gale has more than three decades of experience in finance and technology across multiple asset classes, in business development, strategic finance and other key roles. Most recently, he served as Co-Founder at Seismic Foundry, a capital markets fintech fund and consultancy focused on promising early-stage firms.
Reporting to Scott Schroeder, Global Head of Sales, Gale will build and maintain new relationships with firms throughout the region with the goal of further accelerating adoption of the Validus platform that
YRD Capital, a Fund of Funds (FoF) focused on quantitative trading in digital assets, has appointed Ian Morely as Chairman.Founded in 2017, YRD Capital has the longest performing track record in the digital asset sector and has enjoyed year on year growth since its launch. It has also built a solid reputation among the fast developing asset class investors as a result of the firm’s thorough due diligence process, negotiating best terms and fees for its clients and close monitoring of its portfolio funds.
The firm is represented across the UK, US and Asia and is run by co-founders Yuval
Rhenman & Partners Asset Management, a Stockholm-based sector-specialist hedge fund firm, says 2020 is poised to be “a good year” for its flagship healthcare strategy, after it posted a double-digit return for the second month in a row.
Stock markets carried April’s momentum into May and hedge funds were among the beneficiaries posting a 2.71 per cent monthly return, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 4.76 per cent in May.
Year-to-date, the hedge fund industry is down 4.67 per cent through May. The S&P 500 Total Return Index is down 4.97 per cent over the same period.
All sectors but two tracked by the Barclay Hedge Fund Indices were in positive territory in May. The exceptions were the Merger Arbitrage
Everysk Technologies, an investment technology company providing multi-asset portfolio analytics with data-centric, machine learning techniques, has appointed Terri Engelman Rhoads, a former partner of Guggenheim Group, and tech entrepreneur Rufus Griscom, to its Board of Advisers.The company also announced that Nick Beattie has joined as Partner, heading up Business Development.
“We are in the midst of an exciting growth period for Everysk and these three individuals are adding tremendous value to our business,” says Allan Brik, PhD, Chief Executive Officer of Everysk and former Partner and Chief Risk Officer at multi-billion-dollar hedge fund-of-funds Arden Asset Management.
Everysk Portfolio
Torstone Technology, a provider of post-trade securities and derivatives processing, has added David Pearson to its product team. Pearson brings over thirty years of experience working in technology solutions for financial markets, focusing on workflow and automation in the front office and post-trade space. He joins Torstone from Genesis Global, where he was responsible for post-trade workflow solutions. Prior to that, Pearson spent twenty-five years at Fidessa, initially working with sell-side brokers and dealers to build and implement front and middle-office workflow solutions for equities, and more recently, with buy-side firms to challenge the status quo in other asset classes including
Alpha Sigma Capital (ASC), a digital assets fund focused on delivering growth capital to blockchain and tokenised projects has launched what it says is the first-ever fundamental research model on blockchain companies with tradable digital assets and blockchain ecosystems that are being adopted and scaling. “When we launched the fund, we spent a tremendous amount of time researching blockchain companies and the correlation to their alt-coin. We didn’t find any independent research reports that could really help us, so we started doing our own. What we found was very interesting and valuable. We’ve decided to share our findings at no cost to
A new report into the global crypto hedge fund landscape from PwC and Elwood Asset Management has shown Gibraltar as the third most popular jurisdiction for crypto hedge fund managers, behind only the US and UK.Gibraltar, which is also listed as having the fourth highest number of domiciled crypto hedge funds, puts the jurisdiction ahead of financial centres such as Singapore, Malta, The Netherlands, Hong Kong, and Switzerland and many others, despite its relative size.
This news is backed up by one of the jurisdiction’s leading crypto and funds law firms, ISOLAS LLP, which continues to work with leading
LexShares, a specialist in commercial litigation finance, has launched LexShares Marketplace Fund II (LMFII). With a USD100 million target fund size, LMFII will invest in litigation-related assets offered on the LexShares platform. LMFII opens on the heels of the company’s 100th legal claim investment, making LexShares one of the most active litigation funding firms in the world.
The firm closed LexShares Marketplace Fund I in January 2018, which was fully subscribed for USD25 million. Prior to this public launch, LMFII received commitments in excess of USD30 million, which includes two cornerstone institutional investors. LMFII is now accepting commitments from both institutional
The current market uncertainty and value discrepancy offers the biggest opportunity in volatility-based trading in a generation, according to Jerry Haworth (pictured), the chief investment officer of London-based 36 South Capital Advisors, who is preparing a new fund to capitalise on further volatility shocks up ahead.
