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The SS&C GlobeOp Forward Redemption Indicator for April 2022 measured 1.48%, down from 1.92% in March.
“SS&C GlobeOp’s Forward Redemption Indicator for April 2022 of 1.48% reflects a decline in redemption notices compared with the 2.07% reported for the same period a year ago,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In fact, the 1.48% reported for April 2022 is the lowest redemption rate for any month of April since the inception of the Forward Redemption Indicator in 2008. This historically low level of redemptions suggests investors are confident hedge fund managers can generate favourable risk-adjusted returns
Insig AI plc (AIM:INSG), a data science and machine learning solutions company serving the asset management industry, has signed a development contract to supply a centralised cloud-based data infrastructure to a London-based alternative investment manager with over $1 billion of assets under management.
Leveraging Insig AI’s proprietary data platform and tools will enable the client to take advantage of the speed and scale cloud computing offers while underpinning its longer-term machine learning strategy.
The contract value is £145,000 and is expected to be completed by 30 June 2022. Together with a number of smaller contracts billed this month, this contract
Hedonova, an alternative assets hedge fund, has invested $3 million in the ALTS 1 Fund, the latest fund from the alternative investment management firm, Alts.
The new partnership provides Hedonova’s investors with access to the ALTS 1 fund’s ten asset classes, which include collectibles and culture, cryptos and NFTs, fine art, music rights, specialty real estate, wine and whiskey, and sneakers.
Hedonova is a hedge fund that champions accessibility and its partnership with ALTS 1 marks Hedonova’s latest efforts to make investing convenient, accessible and diversified. Hedonova currently offers investors access to over twelve alternative asset classes through a single
Institutional investors allocated the largest amount of new capital to hedge funds since 2015 in Q1 2022, as Macro funds lead industry performance through extreme volatility driven by generational inflation, interest rate increases and expectations for multiple increases in 2022, and the impact of the Russian invasion of Ukraine, including surging commodity prices driving geopolitical uncertainty and tensions to the highest level in decades.
Total global hedge fund industry capital remained above the $4 trillion milestone, as managers navigated extreme volatility with leadership from uncorrelated Macro strategies, including Fundamental Commodity and Discretionary funds, as well as Quantitative, Trend-Following CTA strategies
Venice Swap, a Lithuanian-based one-stop crypto exchange platform led by the Venetian engineer and entrepreneur Gianluca Busato, has secured a $100 million capital commitment in the form of a Token Subscription Facility from GEM Digital Limited (GEM).
MSCI Inc has questioned the hedge fund industry’s assertion that short-selling is an effective strategy to implement environmental, social and governance investing, according to a report by Bloomberg.
Rumi Mahmood, vice president of ESG and climate fund research at MSCI is quoted as saying that there is no evidence to support the claim that shorting a company with a poor ESG record will raise it’s cost of capital and that, in fact, short-selling goes against the grain when attempting to align investor interests with good corporate conduct due to a lack of transparency.
Mahmood said that due to “enhanced scrutiny
HE Justin Sun, Founder of TRON, has launched an all-new stablecoin on the TRON blockchain, USDD (or Decentralised USD).
TRON DAO will partner with other blockchain industry leaders to establish USDD. It will leverage the power of mathematics and algorithms to achieve the overarching goal of financial freedom for all.
At the start, USDD will be issued as a TRC token on the TRON network. The TRON DAO Reserve will serve as a transparent mechanism to manage the reserves backing the USDD.
USDD will not rely on any centraliaed institutions for redemption, management, and storage. Instead, it will achieve full
Four months after its acquisition of Toronto-based TickTrade Systems, smartTrade Technologies says the companies are now working together as one unified group, operating under the smartTrade name.
The combined company delivers FX trading technologies to a global client base across Europe, North America and Asia.
smartTrade is now releasing a combined LiquidityFX next-generation (LFX-NG) platform combining the best of both pre-existing solutions.
The flexibility and agility of LFX-NG allows for tailored pricing and trading strategies to be developed and rolled out in a matter of months. This agile deployment is made possible by smartTrade’s in-house team of eFX experts supported
Piper Sandler Companies has made several key hired for its fixed income platform including the appointment of Andrew Deming as a managing director in the firm’s Minneapolis office.
Deming joins the team with nearly 20 years of public finance, financial structuring and real estate experience.
Prior to joining the specialty finance team at Piper Sandler, Deming worked as a managing director at Jones Lang LaSalle in the firm’s capital markets group.
Deming’s hire comes on the heels of recent hires Michael Milewski and Frank Hammond. Milewski joined the firm as a vice president focusing on quantitative sales within the specialty
LiquidityBook, a provider of cloud-native buy- and sell-side trading solutions, has appointed Bryon Cole as Director of Buy-Side Sales.
He will be based in the firm’s New York office and report directly to Head of Global Buy-Side Sales James Baxter.
Cole will be responsible for driving the continued expansion of LiquidityBook’s buy-side client base as the firm pursues its global growth strategy. He will also play an instrumental role in expanding the functionality of LBX Buy-Side, LiquidityBook’s cloud-based POEMS (portfolio, order and execution management system).
