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Family office SureFire Capital’s multi-strategy hedge fund notched up a +22.1% return in April 2022 as well as an estimated +10% in May 2022 amid challenging market conditions.
The underlying quantitative hedge fund strategy, focused on the Nasdaq-100 Index, incorporates trend, momentum, and volatility factors.
Cboe Global Markets, a provider of global market infrastructure and tradable products, has acquired NEO, a fintech organisation comprised of a fully registered Canadian securities exchange (NEO Exchange) with a diverse product and services set ranging from corporate listings to cash equities trading and a non-listed securities distribution platform (NEO Connect).
NEO Exchange is a next generation stock exchange focused on fairness, liquidity, transparency and efficiency that brings together investors and capital-raisers, serving as a central force driving the Canadian capital markets forward. NEO Connect provides a distribution platform supporting mutual funds, private funds and private corporates.
With ownership
JonesTrading Institutional Services (JonesTrading) has appointed industry veterans Jorge Hendrickson and Mark McGoldrick as managing directors, and co-heads of JonesTrading Prime Services.
Each brings over two decades of experience in the space.
JonesTrading has been increasing their presence in Prime Services over the past several years and now has in place the sales management to offer a robust hybrid of high touch coverage and technology for better execution, reporting and service. Hendrickson and McGoldrick will further increase our presence and will drive growth. They will also be responsible for cross selling the full suite of Jones services.
Prior to joining
Value Partners Group Limited has promoted Kelly Chung to investment director, head of multi-assets, effective 1 June 2022.
In her new role, Chung will continue to report to the Group’s co-chairmen and co-chief investment officers Dato’ Seri Cheah Cheng Hye and Louis So.
Chung joined Value Partners in April 2016 as Senior Fund Manager and was able to build the multi-asset franchise with an outperformance track record against peers. She has been playing a key role in investment allocation and the portfolio construction process of the Group’s multi-asset portfolios, leading the development of the Group’s asset allocation platform. She
A CQS fund that invests across a rage of internal strategies at the London-based credit hedge fund firm, is to close following significant outflows, according to a report by the Financial Times.
The $20 billion firm, which was founded by billionaire trader Sir Michael Hintze and offers a range of funds that trade instruments including structured credit, convertible bonds, asset-backed securities and equities, is reported to have informed investors of its decision to wind down the CQS Diversified Fund earlier this week having seen assets shrink by roughly half to $388 million.
Hedge fund Balyasny Capital Management has added to its growing team with the appointment of former Goldman Sachs and JP Morgan technologists, according to a report by eFinancialCareers.
Berlin-based Swarm, a regulated multi-asset DeFi platform, has launched institutional-grade liquid staking tokens that can integrate into DeFi automated market maker (AMM) pools to generate additional yield in a protected environment.
Liquid staking tokens for Solana Network’s native token SOL are the first to be made available with Eth 2.0, DOT and AVAX to follow.
By using the liquid staking token structure on Swarm, an investor is exposed to the value of the underlying asset, can earn yield from validator fees and trade in and out of their position at any time, instead of having assets idling.
The tokens can
CLS, a financial markets infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, has appointed a new chair and five new members to its Board of Directors.
Gottfried Leibbrandt has been appointed as CLS’s chair, effective 17 May 2022, succeeding Ken Harvey, who retired after ten years as a member of the Board, eight of which as chair.
Leibbrandt has been a member of the Board since 2021. He was most recently Chief Executive Officer of Swift, a role he held from 2012 to 2019. Prior to this, he held several roles within Swift, including Head
Clarity AI, a Global sustainability tech platform Clarity AI’s sustainability data has been integrated into BlackRock’s Aladdin platform in preparation for the firm’s enterprise reporting for the Sustainable Finance Disclosure Regulation (SFDR) framework.
BlackRock will leverage Clarity AI capabilities, data, and expertise to facilitate efficient and accurate reporting on Principal Adverse Impact (PAI) indicators. PAI indicators are a set of specific ESG metrics mandated by the European Union as part of SFDR, which imposes granular sustainability disclosure obligations for asset managers and other financial market participants.
Clarity AI’s SFDR coverage encompasses more than 49,000 companies, and its capabilities allow for
Global crypto derivatives exchange Bitget has appointed Gracy Chen as managing director, with responsibility for Bitget’s growth strategies.
With presence in over 50 countries around the world, Bitget has been growing at pace. Earlier this year, the exchange’s derivatives trading volume reached an all-time high of $8.69 billion, representing a 300% growth when compared to the previous year.
