Latest News
In Monaco back in 2013 – when bitcoin was priced at USD100 – Alistair Milne, an Internet entrepreneur since 1996, approached Lee Robinson with the idea to launch an innovative digital currency hedge fund. What resulted, in May 2014, was the Altana Digital Currency Fund (ADCF), the first actively managed, multi-asset cryptocurrency fund of its kind in Europe.
In 2017 ADCF returned a phenomenal 1496 per cent (after fees). Since inception it has returned over 2500 per cent, outperforming a passive investment in Bitcoin every year.
ADCF enables investors to gain actively managed exposure to Bitcoin and other digital currencies.
Harneys operates through 14 international locations and its global funds practice advises on all aspects of offshore investment funds, establishment, maintenance and restructuring both in distressed and planned scenarios. The firm’s global investment funds practice continued to grow in 2017, particularly in Cayman and Hong Kong. Harneys is now fully entrenched in the Cayman Islands, celebrating its 10th anniversary this year. Its market disrupter approach and mentality has taken the offshore investment funds market by storm.
“It’s a conscience decision to be the market disrupter. It’s who we are. It’s in our DNA,” says Ian Gobin, who heads-up the Cayman
Whereas a few years ago, managers were jumping in to the ’40 Act mutual fund market to either launch standalone alternative mutual funds or become sub-advisors to multi-manager products, the fact is that there are so many regulations, that trying to replicate a hedge fund strategy – or even a diluted version of it – is difficult.
A potentially more effective alternative is the unlisted closed-end fund (CEF); also known as an interval fund or tender-offer fund
UMB Fund Services’ (UMBFS) Registered Fund Solutions platform gives managers the opportunity to launch an unlisted CEF which may take daily subscriptions but
Derivitec Ltd was born in 2011. Initially, it started life as a derivatives analytics software vendor. “Then I started to do some deep-dive market research into who in the market was successful and why. Two points clearly stood out in my mind: ease of use, and scalability,” says George Kaye, founder and CEO of Derivitec.
The firm’s central philosophy, he says, is to make it as easy as possible for people in the financial industry to provide validated risk management reporting: “That includes everyone from small hedge funds to global sell-side institutions.”
At the heart of the Derivitec model is
“When I look back at what we’ve been able to accomplish, 2017 was a pivotal year for us in terms of establishing our unique identity,” says Jeffrey Solomon, CEO of Cowen, of which Cowen Prime Services is a core division.
“During 2017, we unveiled our new firm brand identity which highlights our commitment to ‘outperform’ in all of our business endeavours. It crystallises our mission at Cowen: To advise and connect aspirational users and providers of capital to help both of them outperform.”
In an investing world that is split between those who engage in active investing and those who
Hathersage Capital Management LLC is a discretionary global macro investment manager founded in 1991. The firm is a foreign exchange specialist, expressing its global macro views strictly in G10 currencies, using interbank spot, forwards and vanilla options.
Hedgeweek’s readership voted Hathersage Capital Management’s Citi Access G10 Macro Access Strategy the Best Foreign Exchange Hedge Fund at the 2018 Hedgeweek Global Awards. This is the third year in a row that Hedgeweek has recognised Hathersage as the leading foreign exchange investment manager.
With the era of ultra-easy monetary policy nearing an end, rising interest rates and inflation fears have brought increasing
Award-winning hedge fund and private equity administrator, JP Fund Administration (Cayman) Ltd, has grown its Assets Under Administration (AUA) to more than USD5 billion, bringing the JP Integra Group total AUA to more than USD6 billion.
JP Fund Administration is one of the three core operating companies that comprises the JP Integra Group; the other two being: JP Integra Trust Company (Cayman) Limited and JP Management Services Limited. All three companies are headquartered in Cayman and are licensed by CIMA.
“We are delighted by the growth of our AUA, especially as it has been built up by new private equity
JonesTrading’s heritage goes back seven decades following the Great Crash. George Jones, Sr, the grandfather of current chairman, William “Packy” Jones, was one of the principals of equity brokerage firm, Mitchum & Tully, later to become Mitchum, Jones & Templeton in the 1950s. Jones Sr helped grow the firm into the largest equity brokerage headquartered outside of New York. The firm’s outsourced trading office is based in Charleston, South Carolina.
Over the decades, JonesTrading has had a singular focus: securing liquidity for its clients, regardless of style or strategy. Clients rely on JonesTrading to proactively source the liquidity needed to
DMS Governance (DMS) is the worldwide leader in fund governance representing leading investment funds with assets under management exceeding USD350 billion.
DMS excels in delivering high-quality Fund Governance, Risk and Compliance services across a diverse range of investment fund structures and strategies.
As well as supporting clients who wish to launch UCITS funds or Alternative Investment Funds, using DMS Investment Management Services (Europe) Limited (DMS IMS) as the appointed AIFM or UCITS management company, DMS can also provide MiFID services, such as trade execution, verification and settlement through its MiFID firm, DMS Market Access. This is a huge value-add that
With over 1,500 employees in international locations, over 250 employees and 40 partners dedicated to the financial services practice, EisnerAmper LLP has the breadth to handle global engagements and provide comprehensive guidance and support to its roster of hedge fund clients.
EisnerAmper currently services a large number of hedge funds and private equity/venture capital sponsors. Whomever the client, the firm always strives to speak their language and avoid using technical accounting jargon.
“With respect to hedge funds, our book of business grew by approximately 100 new funds clients in 2017 and over 300 new fund clients since 2015. We service
