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Global multi-strategy hedge fund Schonfeld Strategic Advisors has selected Behavox to integrate data from encrypted global communications applications such as WhatsApp and WeChat into its compliance surveillance programme.
Behavox, which uses AI to enable enterprises to organise and refine their data into actionable information that protects and promotes business growth, was selected by Schonfeld for its ability to integrate TeleMessage’s mobile data capture coverage into the Behavox platform. This will strengthen Schonfeld’s ability to leverage and analyse its own voice, text and chat data to protect and preserve the integrity of operations, as well as the hard-earned trust of clients.
The decision to amend the rules surrounding Guernsey’s Private Investment Fund (PIF) options is aimed at enabling more investors to take advantage of the structure, increasing the attractiveness of Guernsey as a jurisdiction of choice.
Read the full story at Wealth Adviser…
X-Margin, a specialist in applying privacy technology to credit and financial market risk, and Fireblocks, a digital asset infrastructure provider, are partnering to enable financial institutions to source credit for cross exchange trading without revealing positions and other sensitive information to lenders.
Currently, most trading requires institutions to make separate allocations of capital for each exchange where they trade. This major inefficiency in the fragmented universe of digital assets is holding back wider adoption of the asset class by financial institutions. The cornerstone to the partnership’s Portfolio Lending service is X-Margin Credit, the first solution to deliver instantaneous credit scoring
Hedge fund flows reversed course in February with USD9.0 billion in redemptions, following USD30.5 billion in industry inflows a month earlier.
February’s redemptions represented 0.2 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
A USD42.8 billion monthly trading profit brought total hedge fund industry assets to nearly USD4.03 trillion as February ended.
Despite the month’s industrywide trend, most hedge fund sectors actually experienced net inflows in February, with data from 6,900 funds (excluding CTAs) in the BarclayHedge database showing Fixed Income funds setting the pace with USD8.9 billion
Brian T Daly, an adviser to hedge fund managers and private equity fund sponsors, has joined Akin Gump as a partner in the firm’s investment management practice in New York.
Daly comes to Akin Gump from Schulte Roth & Zabel, where he was a partner.
Daly maintains a market-leading practice advising private investment funds on legal, compliance and operational programs, both in the US and Asian markets. His substantial hedge fund industry experience includes more than two decades in private practice and in-house roles for prominent private fund managers.
“Brian is a superb addition to our top-flight investment management group,”
Enko Capital: Best Credit Hedge Fund — Hedge funds must find creative ways of demonstrating their skill and ability to solve the issues their clients face. The infrastructure they employ will also be thrown into the foreground as the sector steels itself to face the challenges ahead.
“As hedge funds continue to adapt to changes caused by Covid-19, the infrastructure firms employ will have to continue to be relevant and sufficient. Alongside this, firms will have to keep up with the increased levels of reporting and regulatory requirements that institutional investors expect,” comments Craig Stanley, CFA, Chief Operating Officer, Enko
BNP Paribas Capital Partners: Best Multi-Manager Fund – Multi-Strategy (<USD500 million) –The past year highlighted the importance of having a broad range of offerings and services. Having the ability to move investments across all strategies and rotate from quantitative to discretionary, from liquid to distressed, from one asset class and geography also proved to be key to constructing robust portfolios. This is especially relevant as the environment for hedge funds remains positive.
The industry has obviously been impacted by the pandemic and the dispersion of performance has been unprecedented throughout the industry. Asset raising has been somewhat difficult.
“In in
Adrigo: Best Emerging Manager Fund – Equity Strategies – Aligning investor expectations with managers’ long-term strategy through diligent and insightful communications is critical to overcoming the challenge of attracting long-term capital.
Notz Stucki: Best Multi-Manager Fund – Equity Hedge – Active fundamental investment has retaken the leadership role in the asset management industry and alpha generating, star managers can now stand out.
“Neither quant managers nor passive investment strategies have been able to deal with the capital market volatility as well as active hedge fund managers who were beating the overall indexes by a wide margin,” observes Angel Sanz, CIO, Notz Stucki Group.
In the tumultuous environment, the firm was more active than ever. Initially, it followed the stay-at-home strategy, overweighting investments linked to health care, digitalisation and cleaner energies. After
Hedge Invest: Best Liquid Alternative Fund – Credit Hedge – As the market environment is expected to become more volatile, asset managers who can rely on truly absolute return strategies and deep fundamental analysis should outperform.
“Deep intelligent research is the necessary condition of all our investment decisions. Especially in view of the increasing volatility and challenging market movements we anticipate,” Filippo Lanza, chief investment officer at Numen Capital, observes. “In recent years, at Numen, the subdelegated manager for Hedge Invest, we have developed our fintech platform. This allows us to remotely share research and analysis across our team, relying on
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