Latest News
Aqua Digital Rising A new and alternative-asset and analytics investment platform has started its pre-funding round as it prepares for launch in January 2021.Aqua Indices represents one of the most significant developments in the area of alt-assets since the launch of cryptocurrencies. Big Data analytics linked to AI has allowed Aqua to construct indices based on humans. Hundreds of data points are collected and analysed using proprietary technology and then benchmarked against peer groups to allow a value to be created for individuals. Thousands of inputs, from performance to ‘likes’ are used to track and value the success of sports,
The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has Elizabeth Burton, CAIA, Chief Investment Officer, Hawaii Employees’ Retirement System, and William Ma, CFA, CAIA, Chief Investment Officer at Noah Holdings, have been elected to serve on CAIA’s Board of Directors.“Elizabeth and William are each outstanding additions to our board, and I join my colleagues in welcoming them and looking forward to all that they will contribute to our efforts,” says Valerie Sill, CFA, CAIA Chair of the CAIA Board of Directors and CEO of Dupont Capital Management. “Elizabeth’s perspective as an allocator
Dynamo Software, a provider of cloud software for the alternative investment industry, has acquired Imagineer Technology Group. The acquisition adds significant value across Dynamo’s product set and brings Dynamo’s customer base to over 1,000 clients of its CRM, deal management, portfolio monitoring, and investor reporting capabilities. Dynamo, majority-owned by San Francisco-based private equity firm Francisco Partners, did not disclose the terms of the deal.
Based in New York City, Imagineer has been a leading provider and significant software innovator in the alternative investment sector since 1998, providing CRM, investor relations, and reporting software for some of the highest profile hedge funds
A number of high-profile hedge funds are again ramping up bets against UK supermarket giant Sainsbury’s.
Third Point, along with AHL and GLG Partners, Man Group’s systematic and discretionary hedge fund units, have increased their short positions in the UK supermarket giant recently, according to regulatory disclosures made to the FCA since the start of September.
BlackRock Investment Management has also built a 2.65 per cent net short in the FTSE 100 company, while Citadel and Pelham Capital also maintain negative wagers against what is now regarded as the UK’s most shorted stock.
Sainsbury’s share price has fallen over the
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2020 measured 1.74 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.34 per cent in September.
“SS&C GlobeOp’s Capital Movement Index for September 2020 of 0.34 per cent indicates positive net flows for the month and represents an increase from net inflows of 0.25 per cent for the same period a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Moreover, September 2020 is the fourth consecutive month of favorable year-over-year comparisons in capital flows; we believe confidence
Outsourced trading demand is increasing as investment firms look to reduce costs, satisfy regulatory demands and expand into different markets. For those offering this service, it is an opportunity to gain extra revenue leveraging their existing platforms.A new paper from Capco, ‘Outsourced Trading: Who, What & Why Now?’, examines why a growing number of firms are looking to use or provide outsourced trading as a service. Typically, smaller hedge funds and investment managers outsource trading to a brokerage firm, but there are indications many of the largest organisations may begin outsourcing some or all their trading within the next few
EQUITY X, an equity valuation software and alternative data provider, has joined BT Radianz Cloud. The move is part of EQUITY X’s ambition to deliver the best possible experience to users of its new peer search engine, powered by machine learning, and a new feature valuing public shares based on alternative data.
Its new peer search engine analyses target company similarity from a pool of approximately 44,000 public companies. It displays a list of comparable companies in ascending order, significantly reducing time and effort needed to objectively identify and select a peer group.
Automation of fundamental analysis, consistent
Crypto start-up Electroneum is keenly aware of the quickly developing domain of DeFi apps or decentralised financial applications, and, in particular, of decentralised exchanges, says Head of Blockchain Chris Harrison.“We are researching how to introduce atomic swaps with smart contracts, which will enable ETN to integrate into the DeFi space more seamlessly,” says Harrison. “We are exploring ways to employ custom blockchain oracles via smart contracts to enable swap of tokens on existing smart contract blockchain and on decentralised trading platforms.”
Harrison explains that “blockchain oracles are trusted servers configured to scrape and verify data from third-party sources to inform
A paper has been published by researchers at the University of St Gallen analysing an FX dataset from CLS, a financial market infrastructure delivering settlement, processing and data solutions, to identify information asymmetry in the FX market and estimate its impact on FX price movement.Angelo Ranaldo, Professor of Finance and Systemic Risk, and Fabricius Somogyi, a third-year PhD candidate, reported that they used CLS FX Spot Flow data to demonstrate that a trading strategy based on asymmetric information risk can potentially offer strong diversification for FX trading strategies. Compared to traditional trading strategies such as FX carry, value and momentum,
Rhenman & Partners Asset Management, a Stockholm-based global healthcare-focused hedge fund firm, saw its flagship strategy rise in August thanks to a tentative recovery in the med-tech sector and signs of more M&A activity within healthcare stocks.
The Rhenman Healthcare Equity Long/Short Fund – which trades a range of small, medium and large pharmaceuticals, biotechnology, medical technology and service company names – added 4 per cent in its euro-denominated class in August. Its SEK share class meanwhile returned 3.75 per cent for the month, with the fund now up 3.5 per cent year-to-date.
Henrik Rhenman, CIO and founding partner, and
Special Reports
FeatureD
- Insight
