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New hedge fund liquidations fell to a record low in Q3 as total industry capital surpassed the historic USD4 trillion milestone to begin Q4 2021, according to the latest HFR Market Microstructure Report by HFR.
Arcesium, a global financial technology and professional services firm, has expanded its India-based operations with a new office in Delhi NCR.
The new office, located in DLF Cyber Park, a technology hub in Gurugram with state-of-the-art infrastructure, will be staffed with employees across technology, services, and other key functions.
Arcesium is a provider of post-investment and enterprise data management solutions to hedge funds, banks, institutional asset managers, and private equity firms.
Berlin-based Swarm Markets, a regulated decentralised financial infrastructure provider, is to launch a peer-to-peer contract for high value transactions in Q1 2022.
Despite concerns that alternative data could spell the demise of those funds unable to keep up with the diverse skills required to interpret it, new research suggests the opposite scenario is more likely, with funds and alternative data sellers growing together.
Using a theoretical model of the interaction between data sellers, buyers and the skills to process the data, a new paper from the University of Toronto’s Rotman School of Management, The University of Hong Kong, and Hong Kong University of Science and Technology, shows that alternative data encourages firms to bring in more highly skilled people to extract unique
Alternative asset management firm Hayfin Capital Management has exceeded its EUR2 billion target to invest via its Hayfin Special Opportunities Fund III. The successful fundraise comprises Fund III, which has reached a final close, and related separately managed accounts.
Hayfin employs a broad and flexible investment mandate through its Special Opportunities strategy, deploying capital into a range of unique opportunities across industries, markets, and sub-strategies in situations where financing may be scarce. The fundraise provides Hayfin with what the firm believes is the right amount of capital to invest in corporate and asset-backed opportunities arising from post-pandemic dislocation and related
Alteri Investors (Alteri), a specialist European retail sector investor, has made a significant investment in Missguided Limited, owner of the global fashion brand and digital retailer Missguided.
Alteri’s investment, comprising both debt and the acquisition of 50 per cent of the group’s equity, will provide the business with the liquidity and support it needs to overcome short-term supply chain challenges, as well as a platform to return the business to sustainable profitability.
The deal will see the current management boosted by the addition of an Executive Chairman with strong retail and turnaround experience. The Board will be further
Northern Trust Asset Management (NTAM), one of the world’s leading investment managers, has appointed Alan Keating to lead its Dublin based UCITS management company.
Keating, who will form part of NTAM EMEA’s executive leadership team, will focus on ensuring the continued growth, management and governance of its UCITS fund range. He reports to Marie Dzanis, head of NTAM for Europe, Middle East and Africa (EMEA).
Keating joins NTAM from Duff & Phelps, where he was managing director and CEO of their UCITS and AIFMD management company. Prior to that he was CEO of MUFG Alternative Fund Services, an Irish MiFID
The European Energy Exchange (EEX) is to acquire 100 per cent of energy analytics company Lacima Group.
Lacima, headquartered in Sydney, Australia, is a provider of technology solutions for trading and risk management in the global energy and commodities markets. Lacima’s risk analytics software manages valuation, optimization and risk management. Their trading analytics solution provides tools for pre-trade analyses, structuring and valuation, which further supports trading decisions for their customers.
EEX’s acquisition of Lacima Group will be a seamless process for all Lacima clients whose relationship with the company will remain unchanged. Lacima will continue to operate as an entity
Digital asset investment products saw outflows totalling USD142 million last week, the first outflow following a 17 week run of inflows, according to the latest CoinShares Digital Asset Fund Flows Weekly report.
The outflows represent only 0.23 per cent of total assets under management (AuM), and from an historical perspective are small relative to the outflows in early 2018 where weekly outflows represented up to 1.6 per cent of AuM.
Other altcoins softened the blow with polana, Polkadot and multi-asset investment products seeing inflows totalling USD6.7 million, USD2.5 million and USD1.5 million respectively.
Altana Wealth’s carbon futures-focused strategy, which trades opportunities stemming from rising carbon credit costs in the European Union, has scored a near-60 per cent return since launching earlier this year.
The Altana Carbon Futures Opportunity gained 49.80 per cent last month, an emphatic return which pushed its year-to-date return to 59.52 per cent since launching in July.
As part of the EU’s commitment to combat climate change, the European Commission aims to drive up the price of carbon credits in order to push behavioural change among participating member states and companies.
Altana Wealth, the multi-strategy hedge fund led by former
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