Latest News
Digital Capital Management (DCM) Crypto Asset Fund (CAF) Class X, one of the first crypto trading funds in the United States (launched July of 2017), has been ranked No1 in Net Return for Crypto Funds in 2021, in addition to ranking No1 in Net Return for all hedge funds by Preqin.
Earlier this year, CAF Class X was awarded the “No1 Top Performing Crypto Fund, Overall” for 2021 by Crypto Fund Research (CFR). CAF Class X also received three additional CFR awards in several other categories, including “No1 Top Performing Crypto Fund, Quant/Arb Strategies” for 2021.
Class X is a
Archegos founder Bill Hwang has been charged with racketeering, fraud and market manipulation in the US in connection with the collapse of the family office, according to a report by The Financial Times
In a 569-page indictment unsealed on Wednesday, prosecutors accused Hawng and former Archegos chief financial officer Patrick Halligan of using the New York-based firm as “an instrument of market manipulation and fraud, with far-reaching consequences for other investors in US equity markets”.
Credit Suisse, UBS, Nomura and Morgan Stanley were among the investment banks to lose billions of dollars when ArchegoS defaulted on margin calls, wiping $100
Reactive Markets, provider of Switchboard, a cross-asset trading and price streaming network, has added 15 top tier FX Liquidity Providers (LPs), which include eight of the top 10 Euromoney FX LPs.
Launched in August 2021, Switchboard is the backbone for institutional crypto and FX liquidity, providing the infrastructure to allow LPs to efficiently distribute prices to large numbers of clients. It is the first open and transparent liquidity network for Crypto and FX trading, where clients can trade on a fully disclosed basis with their relationship LPs at no cost, connecting via a single high performance API or front end trader desktop.
Digital asset investment firm, Osprey Funds, has launched a new institutional research offering, dedicated to releasing comprehensive crypto analysis to drive better investment decisions.
Created especially for institutional and portfolio-oriented investors, Osprey’s research will initially focus on Layer 1 tokens, the primary backbone for the creation of the new internet. Research will release extensive, data-driven reports outlining investment cases for specific coins and will review competitive advantages as well as base case valuations and price targets for bull and bear market conditions. The reports will also include portfolio manager summaries and protocol primers.
In line with the launch, Osprey is
Hedge fund Alta Fox Capital Management, the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro Inc, has filed a definitive proxy statement with the US Securities and Exchange Commission in connection with Hasbro’s 2022 Annual Meeting of Shareholders.
Alta Fox disclosed in its materials that it has reduced its slate to three director candidates after taking into account Hasbro’s recent expansion of its Board of Directors, the Company’s most pressing needs and feedback from other shareholders. In addition, Alta Fox sent a letter to shareholders.
The letter states that shareholder-driven change is needed at the 2022 annual
The Alternative Investment Management Association (AIMA), together with leading digital asset custodians and industry experts, has published a new industry guide on digital asset custody for institutional investors.
The guide has been primarily designed for those who are seeking the services of a digital asset custodian or, to the extent legally permissible, a custodial infrastructure provider.
The guide provides sound practices and key considerations around due diligence for institutional investors determining how to custody their digital assets.
It has been written by a cross section of practitioners, as the custody of digital assets is cross-functional in nature, ranging from technologists
Hazeltree, a provider of treasury and liquidity management solutions for the asset management industry, has appointed technology industry leader Tushar Amin as the company’s president, chief executive officer and board director.
AltsAxis has launched AXIS, a mobile-first solution facilitating connections between alternative asset managers and family offices, pensions, endowments, foundations, sovereign wealth funds, RIAs and wealth managers.
US interest rates will have to increase a lot more than Federal Reserve boss Jerome Powell is currently planning if inflation is to be controlled effectively, according to one of the top strategists at Bridgewater Associates, the world’s largest hedge fund.
In a report by Bloomberg, Rebecca Patterson, who has previously been a member of the Fed’s advisory committee, is quoted as saying that: “Markets are discounting that you are going to have inflation not back down to 2%, but to around 3%, over the next three years – and that’s with a lot of Fed tightening. The question to
The hedge fund industry turned back to outflows in February, experiencing -$3.19 billion in net redemptions, -0.07% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
Despite the trading losses and redemptions, data coming in from newly added funds led our models to show an increase in hedge fund industry assets to $5.04 trillion.
Subsectors reporting inflows in February included Multi-Strategy funds bringing in $10.11 billion; Convertible Arbitrage funds attracting $2.57 billion; Emerging Markets – Global funds adding $2.03 billion; Merger Arbitrage funds with $1.57 billion in inflows; and Sector Specific
