Latest News
Digital asset investment products saw inflows totalling USD88 million last week, although this masks very mixed flows across providers, according to the latest weekly Digital Asset Fund Flows report from CoinShares.
Some providers saw outflows representing as much as 11 per cent of assets under management (AuM) while others saw inflows representing 14 per cent of AuM.
Solana, Tron and Multi-asset investment products bucked the trend with inflows totalling USD19 million, USD17 million and USD15 million respectively.
The recent price appreciation of Tron, a “world computer” coin, has pushed its total AuM to above that of Cardano.
The majority of US based hedge funds expect to see strong inflows over the next two years, according to a new study by quant technology provider SigTech.
Some 86 per cent anticipate an increase in the level of investment into hedge funds, with 42 per cent predicting a dramatic rise.
Between now and 2023, 92 per cent of US hedge funds surveyed, who collectively have USD74.76 billion in assets under management, also believe that the number of quantitative investment strategies launched will increase, with 34 per cent expecting a dramatic rise.
Eight out of ten (78 per cent) of those
London platform Falcon Investment Management is planning to launch a fund of crypto hedge funds with the goal of raising USD250 million for the new product over the next year.
Due to debut in January, the Cayman-domiciled Falcon Fund of Funds will initially invest in five crypto-focused hedge fund teams that sit within Falcon’s platform and are subject to the firm’s risk and compliance controls.
The five separate teams manage arbitrage, market neutral, volatility, directional, and DeFi focused crypto strategies. The fund will charge one and 15, with monthly liquidity. There in an investment minimum of USD100,000.
The plan is
Options, a provider of cloud-enabled managed services to the global capital markets, has secured its fourth Microsoft Gold Partner Status in the “Project and Portfolio Management” competency.
Microsoft’s Project and Portfolio Management competency demonstrates Options’ acumen when designing, building, and deploying enterprise-wide Project Management solutions for customers.
Options has previously been awarded Small and Midmarket Cloud Solutions Gold Partner, Cloud Productivity Gold Partner and Cloud Platform Gold Partner status.
Reactive Markets, provider of Switchboard, a cross-asset trading and price streaming network, has formed a strategic partnership with Tradefeedr, an independent data and analytics provider.
The European asset management platform of Mediolanum Banking Group, Mediolanum International Funds Ltd (MIFL), has appointed Jeremy Humphries as Head of Quantitative Investments.
Humphries, who will be based in Dublin and report to Brian O’Reilly, the firm’s Head of Market Strategy, will be responsible for building and managing new quantitative strategies, while also ensuring the firm’s quantitative research and analysis is integrated into MIFL’s entire product range and wider investment philosophy. This is a newly created role as MIFL seeks to expand its internal investment management equity capabilities and will look to add additional resources to the Quantitative team over
Vistra has launched a new investor servicing portal, VFunds 2.0, which is powered by Eleven. The launch includes the seamless migration of Vistra’s entire US business to VFunds 2.0.
VFunds 2.0 is now being rolled out to clients around the world. It brings Vistra’s Investor Relations teams new capabilities to easily and accurately deliver investment documents and communications to investors inside each client’s own branded, interactive online environment. It simultaneously enables investor contacts to easily access the documents they need and across multiple investments.
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has appointed Edna M Conway to its Board of Directors.
Conway brings decades of experience and leadership delivering trust, transparency, compliance, risk management, sustainability and supply chain transformation to organisations. She currently serves as Security & Risk Officer for Microsoft Azure Hardware Systems & Infrastructure, where she is responsible for the security, resiliency and governance of the cloud infrastructure upon which Microsoft’s Intelligent Cloud business operates.
Blackstone has appointed David Ben-Ur and Atish Nigam to senior leadership roles in the Blackstone Alternative Asset Management (BAAM) business.
Ben-Ur will be the Chief Investment Officer of BAAM’s hedge fund solutions business (BPS) and Atish will serve as the Chief Investment Officer of BAAM’s special situations investing business (BSOF).
In conjunction with Ben-Ur’s hire, BAAM ahas also greed on preliminary terms to manage the assets of CAM Capital, Bruce Kovner’s family office.