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The crypto and digital assets industry is on the cusp of mainstream adoption. Education is the missing piece of the puzzle for those fund managers and institutions who have not yet taken steps into this new asset class. A broader suite of products for access to spot crypto markets will also support greater institutional investment in the space.
A US decision to curb Russian access to US technology and US dollars in retaliation for the invasion of Ukraine, could backfire, according to hedge fund manager Ken Griffin.
In an interview with Bloomberg, the Citadel chief executive said that denying Russia access to US tech could hurt Sillicon Valley and force Russia to look elsewhere – such as China – for software solutions.
Likewise denying access to the US dollar – the reserve currency of the world, according to Griffin – will increase the appeal of other global currencies and diminish the standing of the dollar in the process leading
Russia’s invasion of neighbouring Ukraine and the ensuing market turmoil has hit Brook Asset Management – a division of Odey Asset Management – hard, with the hedge fund down 12.6 per cent over the past week, according to a report by Bloomberg.
Data compiled by Bloomberg and an investment data document reveal the loss to be one of the biggest since manager James Hanbury’s LF Brook Absolute Return Fund first began trading over ten years ago, and is in stark contrast to the 10 per cent annual gain chalked up last year, with the fund now down 2.3 per cent
Man Group, the world’s largest publicly-listed hedge fund, now has ‘negligible’ exposure to Russia and Ukraine, having cut its investment in the countries over recent weeks.
The hedge fund outlook for 2022 is optimistic as investors seek to inject a further dose of capital into low beta strategies to protect against rising inflation.
That’s according to BNP Paribas’s 2022 Alternative Investment Survey: “The Hedge Fund Booster”, which canvassed the views of 224 allocators in December 2021, who invest or advise on USD1.2 trillion in hedge fund assets.
This represents approximately one-third of industry assets under management. The report provides insight to better understand investor sentiment with respect to performance and asset allocation plans for hedge funds and other alternative investments.
According to the survey, over half
Bitfinex Securities Ltdm a provider of blockchain-based investment products, has announced it first listing – the Blockstream Mining Note (BMN) – which successfully raised EUR6.75 million and is enabling accredited investors to obtain exposure to bitcoin mining.
Julius Baer International has signed a deal for new office space in Farringdon, London, which will see it relocate rom its current base in St Martin’s Le Grand to Greville Street from the beginning of 2023.
The new London headquarters will be 27,000 sq ft over six floors and will be wholly dedicated to Julius Baer International’s London operations, providing a working environment designed to support the firm’s extensive client base and enhance employee experience in the hybrid world.
The firm has appointed HLW, a leading design specialist focused on sustainable approaches, to strengthen the digital function of the
Brown Advisory, an independent and privately held global investment management firm that oversees more than USD139.3 billion in client assets and USD39.4 billion in sustainable assets, has unveiled its Sustainable International Leaders strategy.
The strategy seeks to invest in an actively managed, concentrated portfolio of companies outside the US that Brown Advisory considers leaders in their sector or country, have sound ESG risk management practices and sustainable business advantages, and therefore, have the ability to compound returns for investors over time. The strategy aims to outperform the FTSE All-World ex-US Index over the economic cycle, while simultaneously generating positive impact
Kempen Capital Management (Kempen) has published its Annual Stewardship and Sustainability Investment Report 2021, which details the significant progress made towards embedding sustainable investing across the firm’s investment strategies.
Kempen’s annual report provides information on its ambitions to reduce the carbon footprint of assets under management.
For the first time, all portfolios of which Kempen is in direct control will be managed with the dual objectives of traditional risk/return and targeting to decrease the carbon footprint of portfolios by 7 per cent annually until 2030.
In 2021 Kempen voted at 437 distinct company meetings, with 14% of votes
PineBridge Investments (PineBridge), a private, global asset manager focused on active, high-conviction investing, today announced that William Corson has joined the firm as Global Chief Compliance Officer (CCO).
In this role, Corson assumes global responsibility for PineBridge’s compliance capabilities, focusing on delivering robust oversight and counsel across all global entities and activities.
He joins PineBridge from Manulife Investment Management, where he held various compliance leadership roles since joining in 2008. Prior to that, he spent more than a decade at Fidelity Investments and has operated in numerous CCO roles throughout his career, each time leveraging his extensive experience to
