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Alternative data specialist QuantCube Technology has launched the the QuantCube real-time GDP Canada Nowcast giving investment firms and hedge funds real-time insight, based on alternative data sources, on whether an event or trend happening in the US economy is affecting Canada.
The latest GDP indicator is part of a series of expansions to its GDP Nowcasts for the main global economies: the US, China, the UK, Japan, and the Eurozone, including France, Germany, Spain, and Italy.
The QuantCube Canada GDP Nowcast enables users to see whether an event or trend happening in the US economy is affecting Canada’s economy,
GMEX MultiHub Limited (GMEX), a new business unit of the GMEX Group, has launched Digital MultiHub (MultiHub), a global cloud-enabled trading and post-trade digital market infrastructure platform which facilitates third-party trading and post-trade services across traditional and digital asset markets.
Delivered through a Platform-as-a-Service, microservices distribution model, MultiHub enables capital markets participants to gain simple access to regulated digital assets and market infrastructure.
Digital assets are becoming increasingly relevant in capital markets portfolios. According to recent research from Fidelity Digital Assets, 84% of US and European institutional investors are interested in purchasing institutional investment products that hold digital assets.
Cryptocurrency exchange Bitstamp has added Copper.co, the institutional gateway to digital asset investing, as an additional custody provider.
Copper’s leading crypto custody solution will allow Bitstamp to offer a new set of digital assets to its customers around the world, starting with Cardano (ADA), now the world’s sixth largest cryptocurrency. Bitstamp’s customers in Europe will be able to start trading Cardano this Friday.
This partnership demonstrates Bitstamp’s commitment to global expansion and marks the continued growth of its customer-centric offerings. As demand increases, Bitstamp continues to provide its users access to the ever expanding market.
With multi-award-winning custody,
Variety Capital has opened an Irish domiciled UCITS investment platform with a fund managed by CKC Capital, an experienced US credit investment team.
The fund has launched with investments from UK and European institutional investors.
The fund aims to replicate the performance of CKC Capital LLC’s flagship fund, CKC Credit Opportunity Master Fund Ltd, launched in 2013 which follows the same strategy and has returned positive performance for 102 out of 103 months since inception.
Graham Loughridge, CEO of Variety Capital, says: “I am very pleased to have launched the Variety Capital ICAV with CKC Capital managing our first fund,
XP Inc, a provider of low-fee financial products and services in Brazil, has acquired a minority stake in Vista Capital, one of the main independent equity and hedge funds managers in Brazil, with over BRZ4.5 billion in Assets Under Management (AUM).
This transaction reinforces XP’s strategy to develop the most complete ecosystem of managers and distributors in Brazil.
Additionally, the development of independent asset managers meets XP’s strategy by contributing to an increase in secondary market liquidity, helping to democratise investment products to more Brazilians.
Vista has a solid performance track record in hedge funds and equity funds, with its
Oaktree Capital Management (Oaktree) has held the final close of Oaktree Opportunities Fund XI and its related vehicles (Opps XI), with total capital commitments of USD15.9 billion.
Opps XI is Oaktree’s largest fund to date, exceeding its original target of USD15 billion.
To date, the Fund has invested or committed to invest approximately 70 per cent of its capital in an attractive mix of opportunities that are diversified across geographies, sectors and asset classes. This swift pace of investment has been made possible by the strategy’s all-weather, broad, and flexible investment charter that allows the Opportunities group to consider
Credit and equity managers are leading the charge in regard to the consideration of diversity metrics when researching potential investments, Redington research has found.
Almost all asset managers across all asset classes appear to be recognising the importance of diversity within their own investment teams. Yet despite this, Redington’s Sustainable Investment Survey found that most asset managers across real assets, private debt, LDI and multi-asset funds are not considering diversity metrics such as gender when researching potential investments.
Of the 112 asset managers Redington surveyed, representing over USD10 trillion in AuM, the vast majority (94 per cent) believe that diverse
SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released a new Toolbox memo providing guidance on completing operational due diligence on crypto assets. The memo can be found in the SBAI Toolbox for Crypto Assets.
Crypto assets were once the purview of retail investors, but more recently the asset class has gained attention from institutional allocators and alternative asset managers. There are dedicated crypto funds specialising in digital assets, however some more traditional hedge fund managers are now allocating to this asset class.
Institutional allocators conduct operational due diligence (ODD)
Alternative investment platform CAIS has appointed George Davies, PhD, as its new Head of Data. Based in the Company’s New York office, Davies will report to Shane Williams, Chief Technology Officer.
“We are delighted to welcome George to this newly created position,” says Williams. “George’s track record working with data to enhance areas such as risk management, trade modelling, and pricing will complement our efforts to employ CAIS’ own data for trend spotting, creating personalised experiences for advisors, delivering meaningful engagements for managers, and informing business decisions.”
Davies has worked with technology platforms across wealth advisory, asset management, and trading
Three specialists in the global digital asset regulatory and compliance space have formed a partnership to create a one-stop solution for firms across the digital asset ecosystem, solving for cryptocurrency anti-money laundering (AML), trade surveillance, as well as Travel Rule compliance for Virtual Asset Service Providers (VASPs).