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Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data and services, has launched an optimised version of its Linedata Navquest fund monitoring solution.
Ironshield Capital (Ironshield), a London-based European credit hedge fund manager, has launched the Ironshield High Yield Alpha Fund, a UCITS compliant Fund which will actively manage a diversified portfolio of long and short corporate credit positions.
Overall net exposure is hedged with the fund targeting absolute returns in any market conditions. The fund offers daily liquidity to investors.
Florian Chapel has joined the Ironshield investment team to manage the Fund alongside David Nazar. Chapel brings a strong track record in long/short corporate credit and credit derivatives. He previously managed market neutral portfolios at Pamplona Capital and Palm Lane Capital,
Hedge fund Graham Capital Management founder Kenneth Tropin is predicting tough times ahead for those looking to make money by tracking big stock indexes, according to a report by Reuters.
Tropin, who focuses on macro trading, which looks to take advantage of big market swings to trade bonds, currencies and commodities, believes that with the S&P 500 stock index down almost 18% so far this year, and on track for its first fall in four years and its biggest slide since 2008m, investors should be wary of more equity focused hedge funds and funds that are “correlated to beta”.
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A combination of increased regulatory checks, government policy uncertainties and a slowing economy are prompting some Asian hedge funds to cut their exposure to offshore Chinese assets in favour of non-China stocks, according to a report by Reuters.
Bitfinex, a state-of-the-art digital token trading platform, will be supporting the Ethereum Merge enabling customers to enjoy a seamless transition as Ethereum undergoes its most significant software upgrade to date.
Aquis Exchange, the pan-European large and mid-cap equities trading arm of Aquis Exchange, has launched a European dark trading venue, the Aquis Matching Pool (AMP) EU.
This marks the expansion of Aquis Exchange’s dark trading service, which was previously only available as a UK venue, and complements its existing suite of cost-effective, low market-impact order books and trading services. It is anticipated that this will result in increased trading flow, market share and subsequent revenue for the MTF business.
Furthermore, Aquis Exchange anticipates completion of the migration of its existing UK dark pool (UK AMP) onto its in-house technology on
Bybit, a crypto exchange in the market to offer USDC options trading, is expanding its range of crypto options to include ether (ETH) and solana (SOL) contracts. This comes after debuting its first-in-market, USDC-settled citcoin (BTC) contracts earlier this year.
Copper.co, a provider of digital asset custody and trading infrastructure, has appointed Tim Neill as chief risk officer. Neill, who will be reporting to Copper’s Chief Operating Officer, Sabrina Wilson, joins the firm from Mastercard and his appointment begins with immediate effect.
Neill has over 20 years’ experience in operations and risk, with a focus on payments, open banking, financial services and technology, latterly at Mastercard where he was chief risk officer for their new payments platforms division and head of risk for product and engineering, covering new payments platforms, digital banking and CBDCs.
Neill is a board member of Vocalink
Bocom International Holdings’ former China strategist Hong Hao, who resigned earlier this year, is to join GROW Investment Group as its chief economist. Hong is to open the Shanghai-based hedge funds group’s first Hong Kong office and will focus on poffshore allocation strategies for wealthy investors.Hong is to open the Shanghai-based hedge funds group’s first Hong Kong office and will focus on poffshore allocation strategies for wealthy investors.
Hong will also serve as GROW Investment Group’s research chief.
GROW a global asset management company with a focus on high net worth individuals, was founded in June last year by a group
Marshall Wace has taken a €90 million short position against Kerry Group, one of Ireland’s largest and most successful companies, according to a report by Business Post.
The report cites stock exchange filings as revealing that the London-based hedge fund, which was founded in 1997 by Paul Marshall and Ian Wace, has shorted 0.5 per cent of Kerry’s stock, which at the firms currently share prince of €100, equities to just shy of €90 million.
Food inflation and supply chain problems triggered by geopolitical shocks including Brexit and Russia’s invasion of neighbouring Ukraine, have contributed to a fall in Kerry’s
