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Geneva-based asset management firm NOTZ STUCKI is to develop its asset management business by stepping up its efforts to promote and distribute its in-house investment funds.Read the full story at Wealth Adviser…
Standpoint Asset Management has launched the Standpoint Multi-Asset Fund which the firm describes as ‘a liquid, low cost, and tax efficient investment to access uncorrelated returns’.The fund takes an all-weather approach to investments, with the goal of having consistent returns with low volatility.
Standpoint is led by founder Eric Crittenden, who has over 20 years of experience researching, designing, and managing alternative asset portfolios on behalf of families, individuals, financial advisors, and other institutional investors, and Chairman and veteran hedge fund manager Tom Basso.
As of 30 April, the Standpoint Multi-Asset fund returned a positive 2.30 per cent Year-To-Date (YTD),
With the broader hedge fund industry facing multiple challenges around rising costs, squeezed profits, and a shifting regulatory backdrop, the prime brokerage sector will need to juggle future disruptions and sweeping changes in client activity as a result of the coronavirus pandemic.
BEQUANT, a global provider of cryptocurrency and digital asset services for professional traders and institutions, has launched BEQUANT PRO, a prime brokerage platform.BEQUANT PRO is now available after an extensive beta period that incorporated feedback from hedge funds, family offices, and other asset managers; financial firms, over-the-counter (OTC) desks, exchanges and other market participants. It is the first of its kind in the digital asset space and brings to market a breadth of services that previously were unavailable in a one-stop-shop solution.
“As digital assets emerge further into the investing world’s consciousness, it has become apparent that institutional-grade solutions are
As the economic toll of the novel coronavirus mounted, managed futures posted another positive month in April gaining 0.12 per cen,t according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. Year-to-date, CTAs gained 1.43 per cent through the end of April.
“Equity markets rallied in response to massive US government economic stimulus, pushing the S&P 500 Total Return Index to gain 12.82 per cent in April,” says Sol Waksman, president of BarclayHedge. “Many CTAs held their profitable short equity positions from March into April only to see those profits turn to losses. Fortunately, downtrends in energy
Digital asset trading platform FalconX has secured USD17 million in financing from investors including Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments. The funding will be used to introduce new products, expand FalconX’s trade execution suite and scale infrastructure to support growing institutional demand for cryptocurrency.
“We’re entering an era defined by the true digitisation of value – whether bitcoin, ethereum or new experiments such as libra, or digital yuan – much like what we saw in the
JTC has appointed Ronan Reilly as Managing Director and Imran Khan as Director of the company’s new Dublin office.The appointment follows JTC’s recent acquisition of the corporate services business ‘Cornerstone’ in Dublin, extending the company’s service offering to global corporates, aviation and multi-asset managers.
Having a presence in Ireland to provide corporate and fund administration, driven by strong demand from existing JTC clients and prospects, will ensure that the business continues to grow in the right direction. The Dublin office will be built on JTC`s core corporate services and capital markets offering, with a view to expand into the
JonesTrading Institutional Services has named Andrew (Andy) Volz as Chief Operating Officer, to oversee the global operations of the firm, across all divisions. Volz reports to Alan Hill, JonesTrading’s CEO.Over the course of the last several years JonesTrading has expanded significantly beyond its core trading offering in equities and derivatives. The firm has built Prime Services and Outsourced Trading, Investment Banking/Capital Markets and the recently established Private Markets. As Chief Operating Officer, Volz is responsible for the daily global operations of JonesTrading’s businesses and will work closely with the Executive Committee and Board of Directors on strategy for continued growth.
High-conviction long-positioned hedge fund portfolios outperformed high-conviction short portfolios during the recent market meltdown, according to new MSCI research exploring how hedge fund managers navigated Q1’s unprecedented volatility surge.
The study, authored by Donald Sze, executive director, MSCI Research and Navneet Kumar, vice president, MSCI Research, examined how hedge funds were positioned in the run up to, and the initial stages of, the Covid-19 crisis.
Noting the key role hedge funds play in global capital markets, the research sought to gauge the changes in portfolios between the end of January and the end of February this year, and how various
Cheyne Capital, the London-based credit and multi-strategy alternative investment manager, has continued to attract investor allocations during this year’s turbulence with its focus on market dislocations, as its thematic long/short equity hedge fund notched up successive gains in March and April.
“We’re known for stepping early into dislocations, such as real estate debt in 2009, social property in 2014, and sub-investment grade credit ahead of IFRS 9 in 2018, so we took in approximately USD500 million of investor allocations across our strategies during March and April,” said Stuart Fiertz (pictured), co-founder and president of Cheyne.
The firm’s Thematic Long/Short Equity Fund
