Latest News
Volatility drives innovation and the current market conditions are creating both risk and opportunity for investors. The next bull market in risk assets should see digital assets outperform, but meanwhile, drawdowns in assets globally have also given investors space to lay strong foundations for a sound investment strategy in this area.
Henri Arslanian, the head of PwC’s cryptocurrency business, has left the firm to set up a new digital assets hedge fund for institutional investors in Dubai, according to a report by The Financial Times.
Arslanian chose the Emirate as the location for his new “institutional grade asset management firm” firm Nine Blocks Capital, Management because of its ‘crypto openness’ compared with other jurisdictions including Singapore and Hong Kong where scrutiny of the digital assets sector is on the increase in the wake of recent problems including the high-profile collapse of Three Arrows Capital.
The firm has been granted provision regulatory
Vista Capital, a Brazilian hedge fund which has so far racked up a 54% return in 2022, is betting on further increases in the price of oil prices and buying up shares in domestic companies, according to a repot by Bloomberg.
The report cites founding partner Joao Landau as saying that the Rio-de Janeiro-based fund, is sticking with oil despite the recent slump to $97 a barrel and is also betting on falling iron ore prices as well as a wider recovery in Brazilian stocks.
Landau’s Vista Multiestrategia FIC FIM fund is up an impressive 53.5% year-to-date after fees, beating
JonesTrading Institutional Services (JonesTrading), a specialist in equity research for the healthcare, financial services and energy sectors, has added Justin Walsh PhD and Sean Kim PhD to its healthcare team.
Walsh will be covering biotechnology companies within the Healthcare sector. Before joining JonesTrading, he was a Research Analyst at B Riley Securities covering SMID cap biotechnology and healthcare companies with a primary focus on oncology. Earlier, he contributed to the coverage of a diverse set of biotechnology companies as an equity research associate at JMP Securities and Raymond James & Associates. He earned his PhD in chemistry from Hunter College
BitMEX has launched the first ever cryptocurrency FX perpetual swap contracts (FX perps), allowing users to trade an initial 22 contracts on some of the most popular foreign currency pairs 24/7 – even when the foreign exchange (FX) market is closed.
As part of BitMEX’s wider derivatives offering, individuals and institutions alike will be able to trade FX perps with up to 50x leverage.
FX perpetual contracts on BitMEX are margined and settled in either Bitcoin or Tether (ERC-20) and is ideal for traders who want the advantage of derivatives without the difficulty of expiry dates.
Haven Cove Capital Management (Haven Cove) has added its flagship fund on FundFront, an alternative investment platform that simplifies access to hedge fund strategies for financial advisors and their investors.
The Depository Trust & Clearing Corporation’s (DTCC) Margin Transit Utility (MTU) has achieved connectivity with major triparty agents in the financial industry including Bank of New York (BNY) Mellon, BNP Paribas Securities Services, Clearstream, Euroclear, JP Morgan, SIX and State Street.
MTU enables users to efficiently enrich, settle, monitor and report matched collateral calls globally, while seamlessly connecting to and sharing information with multiple counterparties including automated instructions for major triparty agents.
MTU’s Triparty Messaging service assists clients in complying with regulatory requirements such as BCBS-IOSCO’s Uncleared Margin Rules (UMR). A number of clients impacted by UMR Phases 4
Alternative data specialist QuantCube Technology has launched the QuantCube Liquefied Natural Gas (LNG) Commodity Trade Indicator, which tracks the import and export in volume of Liquefied Natural Gas, to provide supply side commodity and energy futures traders with crucial insights at least one month in advance of official data.
Harnessing automatic identification system (AIS) data used by the world’s top exporters and importers, the LNG Indicator tracks the position of tanker ships in real time and is a significant addition to QuantCube’s suite of real-time international commodity trade indicators, which include Crude Oil, Iron Ore, and Coal.
The LNG
Janet Olsen, who served as senior vice president, HR business partnering, North America & Caribbean at The Citco Group Limited, has joined Opus Fund Services as global head of human resources.
Reporting to Robin Bedford, CEO, Olsen will be based in Opus’ Halifax, Canada office, where she will focus on refining and executing the company’s strategy, corporate culture, and leadership initiatives.
Olsen worked at Citco for 11 years, progressing from HR partner, to senior vice president of HR business partnering. Prior to Citco, she worked at Novartis, a multinational pharmaceutical corporation, and Expertise Limited.
Opus currently employs over 270 people
HSBC China’s local private banking clients can now invest in hedge funds through a new trust plan issued by China Resources SZITIC Trust Company, according to a report by Fund Selector Asia.
Pinpoint Private Fund Management, which has has been collaborating with HSBC for more than 10 years, is the manager of the underlying fund.
HSBC’s says its aim is to provide eligible investors with alternative investment options to achieve a more diversified asset allocation to tackle the impact of market volatility. The bank predicts that demand for alternative assets will grow as China’s high net worth and ultra high
