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Singapore Exchange (SGX) and Cassini Sytems are teaming up to provide SGX market participants to meet Uncleared Margin Rules (UMR) requirements. Read the full story at Institutional Asset Manager…
Crypto Education’s platform, Learning Crypto Ltd, has achieved Continuing Professional Development (CPD) accreditation status for its cryptocurrency training courses.Continuing professional development is expected of professionals in the UK. The Professional Development Consortium is home to the CPD Standards Office, the CPD Research Project and the Provider of Training Excellence.
Learning Crypto Ltd was awarded accreditation status following a rigorous assessment that focused on the development and delivery of their training, which included their educational authority and how they collect and utilise delegate feedback and ensure their content is up to date.
Learning Crypto Ltd now joins a limited number of
JP Morgan’s Quorum platform, an enterprise-variant of the Ethereum blockchain, has been acquired by blockchain software company ConsenSys.
BNY Mellon’s has enhanced access to alt investments including private equity by integrating its Pershing platform with CAIS and iCapital Network.
Read the full story at Wealth Adviser…
CF Benchmarks is to offer a PAX Gold (PAXG) daily settlement and spot rate, updated every second. PAX Gold from Paxos Trust Company is the first regulated digital asset backed token that represents premium gold bars. The benchmark price indices are regulated benchmarks under EU BMR so can be used by regulated firms in the EU for the creation of financial and investment products. They will be published 365 days a year to give investors a trusted 24/7 digital gold price for the first time. Digital asset exchanges Kraken and itBit by Paxos will provide transaction and order book data for
Investors allocated an additional USD9.33 billion to hedge funds around the world in July, ending four consecutive months of redemptions that saw investors pulling some -USD72 billion from the industry between March and June, according to the just-released eVestment July 2020 Hedge Fund Asset Flows report.
HC Global Funds Services (HC Global), a provider of fund administration services to seed fund, accelerator fund, venture, and private equity funds as well as special purpose vehicles, has formed a strategic partnership with AST Private Company Solutions (AST PCS).
Read the full story at Private Equity Wire…
Institutional investors expect further rises in the valuation of the bitcoin by the end of 2020, according to new research carried out by cryptoasset insurance company Evertas.Read the full story at Institutional Asset Manager…
Rebounding equity markets and credit spread tightening led to meaningful sequential-quarter recoveries of fund performance and balance sheet investment valuations for alternative investment managers (alt IMs) in Q2 2020, with the correction in liquid markets bolstered by unprecedented Fed stimulus, Fitch Ratings says. However, underlying portfolio company fundamentals remain suppressed by the economic fallout from the pandemic-driven recession, which could create investment opportunities over the medium term, depending on the speed and path of recovery.
Despite rebounds in fund performance, some firms recorded impairment charges on investments in energy and other sectors heavily impacted by Covid-19. Still, returns on current vintage
Moonstake, a blockchain company focused on staking technologies, has launched staking support for Cardano’s cryptocurrency ADA, one of top 10 cryptocurrencies by market cap, in Moonstake’s Web Wallet. After Cosmos, IRISnet, Ontology, Harmony and Tezos, Cardano became the sixth available coin on Moonstake Web Wallet.
On 29 July, the Cardano development team launched the long-awaited Shelley Mainnet. Shelley brings about opportunities for users to stake their ADA and help Cardano transition from a centralised, federated system to a fully decentralised system, with delegated staking features & rewards incentives. Shelley is the most significant upgrade by Cardano since its inception, bringing about
