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Digital asset investment products saw outflows totalling $63 million last week, the fifth consecutive week of outflows, according to the lates CoinShares Digital Asset Fund Flows Weekly report.
The outflows remain relatively small in size, totalling $99 million over the last five weeks, while volumes remain only 46% of this year’s average at $1 billion for the week.
Ether was the primary focus of the outflows, totalling $62 million last week, this comes despite the improved certainty of the Merge and perhaps highlights a concern amongst investors that the event might not go as planned.
MSCI Inc, a provider of critical decision support tools and services for the global investment community, has launched Risk Insights, the first module of a new analytics platform, MSCI Insights, that calculates, stores, and seamlessly delivers a broad range of risk measures to help investors identify trends and respond to rapid changes in markets.
Institutional investors will be able to access a wide range of MSCI data and analytics through MSCI Insights, which will feature performance attribution, index data, ESG data, and Climate data modules. Additional MSCI Insights modules are slated for release in the fourth quarter of 2022 and
CME Group has launched options on ether futures. These new contracts deliver one ether futures, sized at 50 ether per contract, and based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the US dollar price of ether.
“As market participants anticipate the upcoming Ethereum Merge, a potentially game-changing update of one of the largest cryptocurrency networks, interest in Ether derivatives is surging,” said Tim McCourt, Global Head of Equity and FX Products, CME Group.
“The launch of our new Ether options contracts is particularly well-timed to provide the crypto community with another important
Caravel Capital Investments Inc has promoted Jack Hidi to the position of Portfolio Manager. In his new role, Hidi will act as co-manager of the Caravel Capital Fund, the manager of the Caravel Capital Canada Fund, a mutual Fund trust offered in Canada through Corton Capital and Fundserv.
Hidi began his career with Caravel Capital Investment Inc as a summer analyst in 2019 after graduating from Western University with an HBA and a master’s degree in Data Analytics. At the end of the initial contract period, he was offered a full-time position by the founders, Jeff Banfield and Glen Gibbons.
As hedge fund managers jostle for investor attention and investor requirements become more onerous, creating operational efficiencies within areas like investor onboarding can provide managers with a competitive advantage while also helping to ensure the longevity of their business.
A newly-published report by global consulting firm BCG and ADDX, a digital exchange for private markets, forecasts that asset tokenisation will expand into a$16.1 trillion business opportunity by 2030. This growth comes as the crypto winter is prompting capital to focus on more viable blockchain use cases.
The projected growth in tokenisation of assets is driven by demand from a wide range of investors for greater access to private markets. Tokenisation and fractionalisation of assets lower barriers to investment in private markets by sharply reducing minimum lot sizes.
Assets being fractionalised and tokenised on platforms such as ADDX can
Forester Capital, an alternative investment platform, is to make a strategic investment into the flagship fund of Chepstow Lane Capital LLP, a European-focused, opportunistic credit manager. The fund is managed by Agata Dornan, who was most recently a portfolio manager at Soros Fund Management.
Dornan will employ a fundamental approach to investing in performing, stressed, and special situations across corporate and financial credit.
Dornan has over 20 years of experience investing in credit, both as an analyst and portfolio manager. Her deep experience investing across European credit allows her to identify and take advantage of mispriced opportunities across a broad
SkyBridge Capital, has secured an investment worth 30 per cent of the business from FTV Ventures, a $2 billion venture capital firm based in Nassau, Bahamas, according to a report by Finance Magnates.
Singapore-based multi-family office Whampoa Group is planning niogn to raise $50 million for a new cryptocurrency hedge fund and also deploy $100 million via a venture capital fund focused on the same space, according to a report by Bloomberg.
Neuberger Berman, a private, independent, employee-owned investment manager, has appointed Niall O’Sullivan to the newly created role of chief investment officer, multi-asset strategies, EMEA.
Working closely with the firm’s global investment teams, O’Sullivan will be responsible for leading the multi-asset team’s investment activity in the region, driving portfolio construction and outlook development for EMEA client portfolios. O’Sullivan will join the firm’s Asset Allocation Committee and be proactive in developing, authoring, and delivering market insight, commentary, and differentiated thought leadership and collateral to engage sophisticated investors in the region. He will also seek to collaborate with the investment teams in our
