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Boothbay Fund Management LLC, is the investment manager for the firm’s flagship fund, a global multi-strategy hedge fund established by Ari Glass in 2014. The Fund seeks to generate strong risk-adjusted returns by allocating capital to idiosyncratic strategies that have minimal correlation to each other and traditional asset classes.
The Fund combines the risk management and investment principals of the large well-known multi-manager hedge funds while also taking advantage of its smaller relative size and investing in niche and less-crowded strategies.
Boothbay has three major components to its strategy and portfolio. First is a ‘traditional’ multi-strategy aspect, which utilises daily
One of the prevailing thoughts among the hedge fund community at this year’s Hedgeweek USA awards in New York, which took place on 20 September, was the expectation that volatility was steadily making a comeback.
As many will know, volatile markets are a hedge fund manager’s best friend. Like big wave surfers in the middle of a storm surge, they thrive on the adrenaline of choppy markets and big price moves. But as we observe (or perhaps lament) the 10th anniversary of the Global Financial Crisis, one of the defining characteristics of that period, broadly speaking, has been a perniciously low
Fidelity Investments has launched a new company, Fidelity Digital Asset Services, which will offer enterprise-quality custody and trade execution services for digital assets (cryptocurrencies) to sophisticated institutional investors such as hedge funds, family offices and market intermediaries.
“Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors,” says Abigail P Johnson, Chairman and CEO of Fidelity Investments. “We expect to continue investing and experimenting, over the long-term, with ways to make this emerging asset class easier for our clients to understand and use.”
“We started exploring blockchain and digital assets several years ago, and those
Hedge Funds slipped 0.02 per cent in September according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.57 per cent increase in the S&P 500 Total Return Index.
Year to date, the Barclay Hedge Fund Index is up 1.25 per cent, while the S&P has gained 10.57 per cent.
“In spite of interest rates reaching multi-year highs, US equities were able to squeak out a modest profit,” says Sol Waksman, founder and president of BarclayHedge. “However, hedge fund returns were mixed. Winners and losers were evenly split.”
Out of Barclay’s 17 hedge fund indices, 12
Linedata, a provider of credit and asset management technology, data and services, is to operate an integrated technology and services solution in Europe for London-based Inverewe Capital, a credit-focussed global investment manager.
This expands Inverewe Capital’s relationship with Linedata, allowing the firm to leverage Linedata’s holistic offering to streamline and scale its operations across a range of capabilities for risk management, research and the middle office.
Alternative managers across the global investment spectrum are implementing new operational models as they tackle challenges in the form of fee pressure and increased regulatory, compliance and investor demands. Linedata provides reconciliation, shadow
Investment management company DECALIA has launched a new merger arbitrage strategy which aims to generate an attractive absolute performance with low volatility, while remaining uncorrelated with conventional assets.
W Capital, a specialist in this strategy, will manage the fund which is aimed at qualified investors and is structured in the form of a Luxembourg Reserved Alternative Investment Fund (RAIF).
The merger arbitrage strategy aims at generating – under all market conditions – absolute returns with a low volatility and uncorrelated with conventional assets. The strategy involves taking advantage of price differentials in merger and acquisition events on listed companies.
Kevin Scott Antonovich, a resident of Cherry Grove, New York, is to pay USD554,375 in restitution and a civil monetary penalty for violations of the Commodity Exchange Act and CFTC Regulations.
A court order issued by the US District Court for the Eastern District of New York has also imposed permanent trading and registration bans on Antonovich, among other injunctive relief.
The court’s order stems from a CFTC Enforcement Complaint filed on 23 April, 2018, that charged Antonovich with misappropriation of customer funds, fraudulent solicitation in connection with investments in a commodity pool, and with registration violations.
Global institutional trading network Liquidnet has appointed Kate Weidenhofer as the company’s new Head of Australia.
Weidenhofer (pictured), has over 20 years’ experience in financial markets and has worked in a variety of roles at Liquidnet for the past ten years, most recently as head of product for Asia Pacific. Prior to working at Liquidnet, Weidenhofer also held senior roles at Citigroup and Schroders, where she worked in the middle office and settlements team.”
Lee Porter, Head of Liquidnet APAC, says “Weidenhofer’s existing knowledge of the firm combined with her drive for product innovation will underpin the future success
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has added access to Quantitative Brokers’ (QB) best execution algorithms for futures and fixed income to its platform.
QB is a global, independent technology company providing advanced execution algorithms and analytics for global futures and US cash treasury markets.
QB provides highly specialised algorithmic strategies designed to optimise execution and minimise market impact for outright, listed spread and inter-commodity trades. To meet the ever increasing need from today’s quant traders for streamlined access to such services, QB has made its services
Maxim Group, a full service investment banking, securities and wealth management firm has strengthened its Equity Research platform with the appointment of Tate Sullivan, CFA, as a Senior Vice President and Senior Industrials Analyst.
Prior to joining Maxim, Sullivan was a Senior Equity Analyst at Sidoti & Company, covering industrials with energy and infrastructure exposure. Prior to Sidoti, Sullivan covered Engineering & Construction companies at CLSA and was an Equity Research Associate in oilfield services. Sullivan also has prior equity research experience with Lazard, J.P. Morgan and Bear Stearns. Previously, Sullivan provided independent acquisition valuations at Duff & Phelps and did investor
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