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LeverData, a financial technology company that provides data ingestion, validation, and ongoing management solutions for corporations and financial services firms, has appointed long-time hedge fund executive Mike DeAddio, formerly of WorldQuant, Citadel and MIT, as well as former Managing Director for GIC, Siew Kai Choy, to the firm’s Advisory Board.Messrs DeAddio and Choy join LeverData amid accelerating client demand for the firm’s services, which solve long-standing industry shortfalls around proper data ingestion, validation, and managed services.
“Mike and Siew Kai’s collective expertise will be invaluable as we grow our customer base and global footprint,” says Anmol Bhandari, CEO of LeverData.
The hedge fund industry tracked the fates of other markets and broader economies roiled by the novel coronavirus pandemic in March, posting an 8.03 per cent loss for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. The hedge fund industry fared much better than the S&P Total Return Index which was down 16.2 per cent for the month.
Year-to-date, the hedge fund industry was down 10.83 per cent through the end of March. The S&P 500 Total Return Index was down 19.6 per cent over the same time period.
All but four
ChainUP’s BitWind offering creates a pool of liquidity that is comparable to those of top exchanges, thereby helping novice and operating digital asset exchanges increase their transaction volumes. On crypto exchanges, liquidity basically refers to the ease of conversions between tokens or to cash. Closely related to market depth and exchange transactions, it correlates with the number of users, level of activity and amount of funds that are being transacted. Important in traditional stock markets, liquidity plays an even more crucial role in crypto markets.
Huobi founder Li Lin has said that: “Asset volume and liquidity are the core indicators of
Digital asset exchange Bitfinex has the most liquid bitcoin and ethereum pairs, based upon order book depth analysis by The Block.While trading volume is a headline figure showcased by many cryptocurrency exchanges, the level of liquidity offers a far more valuable insight into the quality of trade execution and transaction costs, particularly in the turbulent conditions that have characterised recent cryptocurrency markets. High liquidity provides traders with tighter spreads and lower slippage.
The Block’s research, which analysed the order book depth for US Dollar pairs for bitcoin, ethereum and ripple’s XRP on 21 leading cryptocurrency exchanges, found that Bitfinex has
Named after the riverside district in central Moscow, Balchug Capital – the long/short emerging market equities and fixed income investment manager launched by David Amaryan in 2009 – focuses on event driven and value-based opportunities predominantly in Russia and the former Soviet Union.
Hedge funds trading emerging markets strategies face major dispersion in their assets, as the impact of Covid-19 – and the resulting government responses – diverges sharply across different regions and countries.
New analysis by Lyxor Asset Management this week pointed to “uneven recovery prospects” across different EM countries and markets following the pandemic, stemming from various factors including differing regional responses to the crisis, business cycles, government support for economies, and reliance on oil markets, among other things.
Emerging markets-focused hedge funds lost 8.5 per cent last month, according to Lyxor stats, as the dramatic sell-off in developed markets spread
Last month, the impact of coronavirus caused stock markets to plummet. This led to a huge spike in volatility, with the VIX Index hitting a high of 82.69 on 16 March, benefiting macro strategies (according to the latest Q1 performance figures) as well as statistical arbitrage strategies like New Jersey-based Blueshift Asset Management.
CAMRADATA is providing institutional investors with additional insight and investment analysis during the coronavirus pandemic.Read the full story at Institutional Asset Manager…
Align: Best Outsourced IT Provider – Technology is playing a key role in the delivery of compliance within the world of hedge funds and managers are becoming more pro-active in understanding how technology can help them meet these challenges.
As hedge funds continue to feel both regulatory and investor ODD pressure regarding its information technology infrastructure, managed service providers are being forced to bolster their offerings to support managers in tackling cyber-security and compliance challenges.
According to Vinod Paul (pictured), chief operating office at Align, clients are demonstrating a sharper need for more detailed information and support in the realm of
Constellation Advisers: Best Outsourced Accounting Firm – The increase in transparency demands within the investment industry has led to an upshot in business for firms offering due diligence assessments. Carrying out this work allows these due diligence practitioners to be at the forefront of evolving industry best practice.
“We anticipate that hedge funds will continue to face increased infrastructure, reporting and regulatory requirements by institutional investors, a tough capital raising climate and continued fee compression. As such, managers will have to take a serious look at how they are currently operating their business,” says Greg Farrington, President of Constellation Advisers.
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