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Hedge funds are strongly optimistic that they will see increased investor inflows over the next couple of years, according to new research from quant technology provider SigTech.
The Alternative Investment Management Association (AIMA), in collaboration with PwC Hong Kong, has issued a new report that sets out AIMA’s vision for Hong Kong to retain its status as a leading global financial centre, including prospects for its alternative investment sector.
The Alternatives in Hong Kong – Building on the city’s strengths report provides an overview of the many opportunities that Hong Kong can offer the financial services industry, including a range of areas where the territory can grow over the short, medium, and long term.
Despite the challenges facing the city, AIMA, as the global representative of the
Switzerland’s SIX Digital Exchange (SDX), the world’s first fully regulated digital asset exchange and Central Securities Depository (CSD), in partnership with F10, a global FinTech and InsurTech Innovation Ecosystem and Aequitec, a digital share register and cap table company, ahas completed the first-ever tokenisation of equity shares in a fully regulated CSD based on Distributed Ledger Technology (DLT).
Cheyne Capital Management is targeting €750 million for its latest fund which will focus on lending to European mid-cap forms not currently served by private equity investors, according to a report by Bloomberg.
The report cites unnamed sources as saying that the fund’s investment approach will see Cheyne provide single and multi-tranche financing from first lien loans to preferred equity, with the fund, which will have a six or seven year lifespan, set to focus on firms with earrings of between €10 million and €100 million.
Its target net return of 15% puts it inline with more opportunistic credit strategies,
Transaction Network Services (TNS) is now directly connected to the Johannesburg Stock Exchange (JSE) from within the JSE colocation facility, providing managed hosting services, Layer 1 order routing and market data connectivity.
TNS will serve as a vendor of record for South Africa’s principal stock exchange, offering JSE market data and order entry access to key equities and derivatives markets in Europe and the US.
JSE operates the main equities and derivatives markets in South Africa and is the listing exchange for multinational companies such as Glencore, British American Tobacco, Investec and Vodacom Group.
TNS brings together over 2,800
Digital asset investment products saw inflows totalling $15m last week, while total assets under management(AuM) recovered from their year and half lows to $36.2bn, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw minor outflows totalling $1.7 million while inflows into short bitcoin totalled $6.3 million last week.
Ether saw inflows for the third consecutive week totalling $7.6 million. The inflows suggest a modest turn-around in sentiment having endured 11 consecutive weeks of outflows.
The altcoin market has remained remarkably inactive this month so far with minor outflows totalling $0.3 million.
Luma Financial Technologies, an independent, multi-issuer structured products and annuities platform, has selected RJ O’Brien (MENA) Capital Limited (RJO MENA), an affiliate of RJ O’Brien & Associates (RJO), to join the platform.
RJO is the oldest and largest independent futures brokerage and clearing firm in the US, with international offices in London, Paris and Dubai, as well as in Asia. Since the firm’s establishment over 100 years ago it has since diversified into other asset classes including fixed income and structured products.
By connecting to the Luma platform, RJO MENA will be able to efficiently provide its institutional, commercial
The LME’s decision back in March to void nickel trades made over an eight hour period has prompted a number of hedge funds to reassess the portfolio risk of trading certain markets, according to a report by The Financial Times.
Global asset manager abrdn has launched the abrdn Eclipse fund platform, an offering for institutional investors that provides passive exposure to hedge fund strategies underpinned by indices from market-leading hedge fund index provider Hedge Fund Research (HFR).
abrdn Eclipse breaks new ground with the launch of the first hedge fund index tracking platform. Domiciled in the Cayman Islands, Eclipse offers abrdn’s global clients access to the flagship investable hedge fund benchmark HFRI 500, as well as eight sub-strategy indices including Long/Short Equity, Equity Market Neutral, Merger Arbitrage, Event Driven Multi-Strategy, Discretionary Macro, Systematic Macro, Fixed Income Relative Value, and Volatility
Kyle Davies and Zhu Su, the founders Three Arrows Capital (3AC) are not cooperating with liquidators and have ‘gone missing’ after the troubled cryptocurrency hedge fund filed for bankruptcy, according to a report by Bloomberg.
