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Tradecraft Capital, a crypto asset hedge fund and investment company, has launched its first fund, the Tradecraft Crypto Asset Fund, an actively-managed portfolio of concentrated, high-conviction positions.
Unlike many crypto hedge funds that act more as a long-term focused venture fund or a typical long-short trading hedge fund, the fund is focused on active management with a medium-term time horizon.
“Crypto assets are the first invention in ‘money’ since double-entry accounting was invented in the 1400’s. Blockchain and crypto assets will revolutionise how we transact business because it offers new ways to accumulate, govern, store and transfer value,” says
Neudata has appointed alternative data specialist Jan Scibor-Kaminski as Managing Director. Scibor-Kaminski (pictured), was previously Managing Director of Structured Retail Products (SRP), a data business for the structured products industry, and part of the Euromoney Institutional Investor group.
“I am excited to be joining such a talented, young, vibrant company in what is the most fast-paced and dynamic sector of the financial services industry: alternative data has disruptive capability for managers and investors alike and it is fascinating to be able to play a small part in shaping this nascent, game-changing industry” says Scibor-Kaminski. “I look forward to working closely with quantitative
Marex Spectron, a global commodities broker and research house, has formed a joint-venture with Earth-i, a specialist ‘New Space’ technology provider, to develop and distribute a range of analytical tools.
Working alongside Marex Spectron’s award winning Market Analytics division run by Dr Guy Wolf (pictured), the joint-venture will initially focus on the copper market, combining Earth-i’s very high-resolution satellite imagery and video analytics with Marex Spectron’s datasets to produce end-to-end analytics and insight products.
Earth-i is at the forefront of an era known as New Space, driven by commercial and governmental organisations wanting to use high-quality, timely images and
Eze Software is launching an upgrade to its buy-side client service experience based on direct client feedback asking for a personalised solution.
The Personalised Client Experience aligns the client service organisation to consistently deliver high-quality, scalable, and personalised support to investment operations using Eze Software. Eze Software’s client service organisation has grown to 450 staffers worldwide through the end of 2017.
“As a long-time trusted service provider, we know how important fast, knowledgeable, and personalised support is to our clients. We created a structure that would enable us to achieve a higher level of quality and consistency in how
Dalton Strategic Partnership has launched the Melchior Systematic Global Macro Fund within its Luxembourg UCITS umbrella.
The fund will be managed by Thomas Dionysopoulos (pictured), who joined DSP from Advenis Investment Management in 2017. Prior to this, he was Head of Quantitative Strategy and Research at HSBC and a Proprietary Capital Trader at Citigroup and Société Générale Investment Banks.
The Fund will aim to deliver a return of 7-10 per cent per annum (net of fees) over a rolling three year period, with a targeted volatility of 7 per cent. It will focus in particular on protecting the portfolio
Hedge Funds gained 0.49 per cent in April according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.38 per cent gain in the S&P 500 Total Return Index. Year to date, the Barclay Index remains up 0.30 per cent, while the S&P has lost 0.38 per cent.
“Increasing tension in the middle east and White House displeasure with the Iran nuclear deal provided a lift to share prices of energy companies,” says Sol Waksman (pictured), founder and president of BarclayHedge.
Overall, 13 of Barclay’s 17 hedge fund indices had gains in April. The Technology Index jumped 2.96 per
CIFC, a credit manager specialising in US corporate and structured credit strategies, has appointed Joshua Hughes, who most recently served as Head of Global Distribution at Muzinich & Co., as Head of European Marketing, effective immediately.
In this new role, Hughes (pictured), will lead CIFC’s fundraising efforts in the UK and throughout Europe as the firm establishes its European investment platform. Based in the firm’s new London office, Hughes reports to CIFC’s Co-CEO Oliver Wriedt.
“Joshua is a highly accomplished sales and marketing executive, whose credit industry expertise and deep institutional relationships will be instrumental as we further strengthen
Hedge fund returns were positive, led by CTAs, during the last week, mainly thanks to their long energy and bond positions, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Merger funds also benefitted from a rapid spread tightening across most large deals.
By contrast, L/S Equity funds did not benefit from the bounce. They had limited exposures to momentum and energy stocks, two key drivers this week. The earnings season, which sanctioned disappointments more than it rewarded upside surprise did not help either. Special Situations also lagged.
Since mid-April the turn in dollar and
By Don Steinbrugge (pictured), Agecroft Partners – With more 15,000 competitors, the hedge fund industry is extremely competitive. Many institutional investors are contacted by thousands of managers a year, meeting with a few hundred, have follow up meetings with fifty, and ultimately allocating to two. In this competitive environment, any edge over the competition is vital. Having a well thought-out social media strategy is one way to achieve this.
During the past five years, the use of social media has significantly increased within the hedge fund industry. Today, a vast majority of firms have at least some presence on social
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has signed a multi-year cloud conversion and extension contract from StatPro Seven to StatPro Revolution with a top 10 global fund administrator, which has over USD1.5 trillion funds under administration.
The contract, worth at least USD500,000 per annum, is aligned with the Group’s strategy to target global fund administrators, partnering to build state of the art technology platforms to provide improved services to the asset management industry.
Fund administrators are increasingly required to provide a wide range of complex
