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Adoption of trading in emerging markets from hedge funds, proprietary trading firms and bank trading and execution desks is set to grow significantly as firms look to diversify trading strategies, seek unique opportunities and broaden exposures, a new study by Acuiti has found.
Hedge funds overwhelmingly regard digital assets as a major part of the investment landscape, according to a new study by Laser Digital, Nomura’s digital asset subsidiary, with 98% of those surveyed seeing digital assets as an investment diversification opportunity alongside traditional asset classes such as fixed income, cash, equities and commodities.
Odey Asset Management is shuttering one fund and restricting withdrawals from two others as it battles the fallout from the allegations of sexual misconduct made against founder Crispin Odey last week, according to a report by Reuters.
Balyasny Asset Management is planning to lock up investor money for longer joining a growing list of hedge fund firms that are extending the length of time they can hang on to investor cash, according to a report by Bloomberg.
Ken Griffin, CEO and founder of Citadel, believes now is “an exciting time to be involved in Japan” due to structural shifts in the domestic market over the last decade, which is just as well, given that his firm is preparing to reopen an office in Tokyo as early as this year, according to a report by Nikkei Asia.
Citadel closed its last office in Tokyo in 2008, as part of its restructuring in the aftermath of the collapse of Lehman Brothers, but it continued to invest in Japanese shares from overseas.
In an interview with Nikkei Asia, Griffin said
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has added Larry Leibowitz, an experienced capital markets and fintech entrepreneur, executive and advisor, as an independent doctor on its Board of Advisors.
Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority, bringing the number of global licenses and registrations held by the Bitstamp group to 52.
Cryptocurrency exchange Bybit has completed its integration with Copper’s ClearLoop network, which offers clients off-exchange settlement that not only aims to mitigate counterparty risk, but also to improve capital efficiency.
Regulatory change is nothing new in the investment management space, but with AI and other technological developments demonstrating the potential to have a truly transformative impact on the industry, the pace of change looks set to accelerate. Anna Maleva-Otto (pictured), partner, at law firm Schulte Roth & Zabel, outlines some of the challenges ahead and the likely areas of focus for the SEC and FCA.
Hudson Bay Capital Management, a multi-strategy hedge fund firm with around $20 billion in assets, has become the latest manager to open an office in Dubai following the likes of Millennium Management, Balyasny Asset Management and ExodusPoint Capital Management, according to a report by Bloomberg. Â Â
