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The Standards Board for Alternative Investments (SBAI) has released a new cybersecurity memo which focuses on small and medium-sized alternative investment managers.
The new memo, which is part of the SBAI’s Toolbox, aims to help firms shape their cybersecurity strategies and risk oversight arrangements.
The new memo provides a series of practical tools smaller and mid-sized alternative investment managers can consider, including: a cyber defence framework; a basic cyber hygiene implementation (the SBAI Basic Approach); due diligence of managed IT service providers; an overview of regulatory expectations; examples of contractual requirements for technology service providers; and asSummary of cyber
Over two-thirds (69 per cent) of alternative investment fund managers expect to see quantity of assets deployed by managers in AIFMD structures increasing over the next two years. However, 60 per cent cite the variances in how the regulation is interpreted between different jurisdictions as a continuing source of confusion.
That’s according to interviews conducted by Intertrust of over 100 alternative investment fund managers in private equity, real estate, hedge funds and infrastructure, based in Europe, North America, the Middle East and Asia, about the benefits and challenges generated by AIFMD since its introduction in 2011.
Some 89 per
GSR, a specialist in market making and algorithmic crypto assets trading, has launched a new structured product called the Bitcoin Halo Option aimed at allowing investors to manage and limit some of the risk of their cryptocurrency trades.
The GSR Bitcoin Halo is an option on the value of a trading account once the derivative reaches its maturation date. The holder of this derivative pays an initial premium to purchase the Bitcoin Halo Option, which begins the maturation period with a value of zero. Each trader is allowed to place 10 trades per day in the BTC/USD markets through GSR,
PIMCO has launched the PIMCO GIS StocksPLUS Absolute Return Fund which aims to deliver consistent excess returns and diversification by combining passive exposure to the S&P 500 index with a complementary, actively-managed bond alpha strategy.
The fund’s bond alpha strategy is designed to outperform over a very broad range of overall bond market environments.
The fund replicates S&P 500 performance using equity index futures or total return swaps, and intends to deliver outperformance through a global, high-quality bond alpha strategy. Fixed income represents a large and historically reliable opportunity set from which to extract potential alpha, offering the potential
Sterling Trading Tech (STT), a provider of professional trading technology solutions, has unveiled a major set of enhancements for its risk analytics RaaS (Risk as a Service) solution, the Sterling Risk Engine.
New risk features include historical VAR, Greeks analytics and a redesigned consolidated at-a-glance risk dashboard. The historical VAR capabilities include; calculating risk on a historical simulation using full revaluation, 99 and 95 percentile VAR, Expected Shortfall (CVAR) and histograms that plot the PL distribution and top contributors to VAR. The new Greeks analytics tool includes drill down capability by account and by symbol to view the Position, Market
PwC and Elwood Asset Management (Elwood) have published a report examining the global crypto hedge fund landscape. The report is based on data from research in the first quarter of 2019 on 100 of the largest global crypto hedge funds by AuM.
The report highlights that the average crypto hedge fund AuM as of Q1 2019 is USD21.9 million. Over 60 per cent of crypto hedge funds have less than USD10 million in AuM with fewer than 10 per cent managing over USD50 million.
The data highlights that crypto hedge funds have been able to increase their AuM three
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2019 measured 0.90 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.33 per cent in May.
“SS&C GlobeOp’s Capital Movement Index for May 2019 rose 0.33 per cent reflecting positive net flows. his increase was closely in line with the 0.41 per cent gain in net flows reported for the same period a year ago,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “Hedge fund capital flows continue to trend at favorable levels, indicating investors have confidence hedge managers can
Caspian, a full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has appointed Bletchley Park Asset Management Co-founder and Chief Investment Officer Lewis Fellas to its board of strategic advisers.
“Lewis has multi-decade experience in trading and investment, and we’re thrilled to welcome him to our team of advisors. We are excited to have built the leading institutional crypto trading platform and adding someone of Lewis’ calibre as an advisor, with his wealth of experience, will most certainly add to our trajectory,” says Robert Dykes, CEO of Caspian. “I am particularly looking forward to Lewis’ insight into
Liquidnet, a global institutional investment network, has acquired RSRCHXchange, a marketplace and aggregator for institutional research. Liquidnet will now be able to deliver relevant, actionable insights directly to investment teams through the Liquidnet platform.
Following its acquisition of OTAS Technologies in 2017, Liquidnet has focused on integrating AI-powered decision support and analytics into its institutional execution technology. By combining RSRCHXchange’s technology, research, and distribution with Liquidnet’s AI-based analytics platform, Liquidnet can help its global network of asset managers revolutionise the way they source, access, evaluate, and act on data and insights to enhance investment decisions and generate alpha.
“This acquisition
The global hedge fund practice of Citigate Dewe Rogerson, an international financial and corporate communications consultancy, has now added more than 50 new clients since it was launched in 2016.
Client strategies covered include equity long/short, credit, quant, event-driven, activist, distressed, global macro, FX, crypto, emerging markets, biotech, disruptive tech and ESG.
The practice, centred on London, New York, Paris, Hong Kong and Singapore, is led by Senior Director Christen Thomson, a former Deputy CEO of the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry. During his six years with AIMA, Christen worked closely with
