Latest News
Digital asset investment products saw inflows totalling $87 million last week, pushing year-to-date inflows just past the half a billion mark to $0.52 billion, according to the latest CoinShares weekly digital asset fund flows report.
Bitcoin saw inflows totalling $69 million, bringing year-to-date inflows to $369 million although, due to price weakness, total assets under management (AuM) are now at their lowest point since July 2021.
Short bitcoin saw inflows totalling $1.8 million last week suggesting the market hasn’t completely shrugged off its bearish undertones.
Algorand, the defi focussed protocol, saw record inflows last week totalling $20 million.
The Alternative Investment Management Association (AIMA), in partnership with Cowen, has published a new report presenting an analysis of the global emerging hedge fund manager community.
The report, ‘Emerging Stronger: The Next Generation Manager Survey 2022’ is informed by two surveys: one of emerging managers running up to $500 million in assets under management (AuM), and another of the investors that allocate to them.
The research revealed a community of hedge fund managers that have weathered the recent macro-economic turmoil and have emerged hardier and more resilient than before.
This has been achieved by slashing costs where possible (for
Accelex, a SaaS platform for alternative investment data, has made two key additions to its global sales team – Simon Tang has joined the company as its new director of business development in North America, and Marco Loiacono as the new director of EMEA Sales, based in London.
Each will be responsible for expanding and servicing Accelex’s growing client base of asset owners, asset servicers, fund of funds, secondaries investors and advisors in their respective regions.
Prior to joining Accelex, Tang spent nearly a decade as a director at CEPRES, a private markets data and analytics firm, where he
Part 3 – Regulatory reporting
For any Alternative Investment Fund Manager (AIFM), the main factors that define the success of their business will be the amount of capital they are able to raise and the performance of the funds that they manage.
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund II (Lynstone Fund II), with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia.
Lynstone Fund II is investing in stressed, distressed, and event driven situations in European and North American private and public markets across the capital structure, where underlying assets are potentially discounted due to illiquidity or market disruption and where an event or catalyst has the strong potential to drive a
Tech-focused growth hedge fund Tiger Global is now down over 50% so far in 2022 having lost 14.2% in May alone, according to a report by Fortune.
The report cites an investor letter as revealing that founder Chase Coleman’s flagship fund upped its positions in a number of tech stocks including Snowflake, Carvana and Sea earlier in Q4, before the tech stock sell-off accelerated.
Tiger Global reportedly attempted to stem losses in May by selling out of tech companies including AirBnB, Bumble, Netflix and Peloton.
Torstone Technology, a global SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as Senior Japan Representative.
Hayashi-san brings over thirty years of experience in the brokerage and investment banking industry, with significant expertise in establishing and growing businesses in Japan. He joins Torstone from Interactive Brokers, where he was Head of Japan, and helped to set-up the firm’s Japanese business in 2008. Prior to that, Hayashi-san was Operations Director at Liquidnet, where he set up the firm’s Japanese business.
The largest European short position in the last week of May was registered by Ennismore Fund Management Ltd in C&C Group PLC, accounting for 3.29% of total aggregated European short positions by size.
That’s according to SEI Novus’ monthly pan-European short position data for May, which reveals the most significant market trends and moves.
Citadel Alternative Asset Management LP’s position in Koninklijke Philips NV (Dutch healthcare technology company), took second spot accounting for 1.03% and AQR Capital Management LLC’s position in Cellnex Telecom, S.A (Spanish wireless telecommunications infrastructure and services company) was third, accounting for 0.71%.
Marshall Wace
Mercari, which operates a licensed Australian Tier 1 wholesale financial derivatives exchange, has selected METACO, a provider of digital asset custody orchestration technology to complex, global financial institutions, to launch its institutional digital asset custody operations.
Mercari is deploying its technology on IBM Cloud in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure.
Mercari has been developing a growing suite of crypto-asset investment services. In January, it launched the Mercari DAR Crypto Reference Rates, the first local and robust AUD crypto-asset benchmarks for the Australian and Asia markets.
To launch its institutional digital asset custody offering,
Man Group has selected Percona, a specialist in open source database software and services, to provide support for its critical applications that depend on MongoDB.
Percona will provide Premium Support to Man Group’s Alpha Technology division, guaranteeing uptime for its core research and trading data applications.
Man Alpha Technology, responsible for the infrastructure and systems facilitating investment decision-making at Man Group, will have access to Percona’s MongoDB subject matter experts to ask questions through consultative support. Man Group is also using Percona Monitoring and Management (PMM), an open source database observability, monitoring and management tool.
