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GAM Investments has appointed Roland Mueller as Senior Investment Manager Fixed Income. Mueller will report to Andrea Quapp, investment director for Multi Asset Class Solutions and lead manager of segregated accounts and funds primarily for European and Swiss institutional clients.
Mueller, who joined the firm on 1 July 2022, will be based in Zurich.
Mueller will manage various global bond investment strategies and mandates for institutional clients. As a portfolio manager he has 20+ years of experience in fixed income and a strong track record managing credit in developed and emerging markets. In his career, he achieved four- and five-stars
CoinShares International Limited (CoinShares), following receipt of approval from the Autorité des Marchés Financiers (AMF), has acquired Napoleon Asset Management, the first digital asset manager to be licensed under the AIFM Directive.
The transaction signed and completed on 30 June, 2022.
The transaction follows the acquisition of the Napoleon Group last December and fits with CoinShares’ strategy of developing into a full-service digital asset investment and trading group, within a strong regulatory framework.
CoinShares is a strong advocate of regulation in the digital asset industry and has an extensive list of regulated products and services. The acquisition of Napoleon Asset
Dubai is fast becoming a new hedge fund hotspot with a clutch of managers swapping more traditional locations for the emirate, according to a report by Bloomberg.
Millennium Management, the hedge fund firm founded by Izzy Englander, now employs around 30 staff in Dubai having secured a license to operate in the International Finance Centre (DIFC) in 2020, while All Blue Capital shaped its previous London HQ to base it’s global operation in Dubai with almost half of the company’s global staff now based there.
While Brexit has spurred some funds to seek new bases away from the City of
Bitfinex, a state-of-the-art digital token trading platform, is listing new markets for Convergence (CONV), an automated market maker (AMM) that aims to make private assets interchangeable in the decentralised finance (DeFi) space.
Convergence is an AMM that makes private tokens interchangeable by fractionalising them, using a single interface and composable with other DeFi protocols.
Convergence enables originators to take advantage of liquidity available on DeFi platforms, while DeFi users can obtain access to new private assets. Convergence aims to offer a lower investment entry barrier with the liquidity, automation and transparency features of DeFi, bringing what it says is exclusive
Both Blockchain.com and Deribit were part of a group of creditors who pushed for troubled cryptocurrency hedge fund Three Arrows Capital (3AC) to ordered into liquidation, according to a report by Bloomberg.
Cryptocurrency exchange Blockchain.com is also reported to have said that it is cooperating with ongoing investigations into 3AC which was forced into liquidation by a court order issued in the British Virgin Islands earlier this week.
Crypto derivatives exchange Deribit was one of those liquidate 3AC’s capital positions after the fund failed to meet margin calls.
The Scotiabank Canadian Hedge Fund Index ended May 2022, down -1.73% month-on-month on an asset-weighted basis and down -2.03% month-on-month on an equal-weighted basis.
The comparable benchmark indices were both up slightly for the month, with the S&P TSX 60 Total Return Index and S&P 500 Total Return Index posting increases of 0.15% and 0.18% respectively.
The index, which includes open and closed funds with a minimum AUM of C$15 million and a 12-month track record, that are managed by Canadian-domiciled managers, is now down 2% YTD
The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian
GoldenSource, an independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has launched cloud data services for financial markets firms to better manage data into and within data lakes and warehouses.
Dean Cooper, co-head of CEEMEA credit trading at UBS Group is to join Millennium Management as the hedge fund continues to expand its emerging markets operation in Dubai, according to a report by Bloomberg.
The report cites unnamed sources as saying that Cooper is relocating from London to Dubai to take up his new role. He will report to Goldman Sachs veteran Akash Patel who was appointed as senior portfolio manager at Millennium last year.
Millennium, which was founded by Izzy Englander and manages about $55 billion, now employs more than 30 staff in Dubai having secured a licence from
PitchBook, a data provider for the private and public equity markets, has expanded its data coverage and enhanced search functionality of nearly 20,000 hedge funds and liquid alternatives to help investors and fund managers unlock new alternative investment opportunities and conduct benchmark analysis.
Hedge fund assets have grown significantly over the past decade and are on track to continue this trend as low interest rates and high returns in the equity markets have increasingly encouraged Limited Partners (LPs) to look at hedge funds as an investment option. Despite the market growth, hedge fund data can be difficult to find and
New hedge fund launches have jumped to the highest level since Q1 2021 and reached the second highest quarter since Q4 2017 as the HFRI 500 Macro Index surged through global inflation-induced financial market volatility, according to the latest HFR Market Microstructure Report.
New hedge fund launches increased to 185 in Q1 2022, jumping from 113 in Q4 2021, representing the highest launch rate since 189 new funds launched in Q1 of last year, and the second-highest quarter since 190 funds launched in Q4 2017. In the trailing 12 months ending Q1 2022, an estimated 610 total new hedge funds
