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MJ Hudson, the specialist service provider to the asset management industry, has acquired risk management and reporting automation specialist, Clarus Risk (Clarus).
This acquisition follows the December 2020 acquisition of fund performance analytics firm, PERACS. The acquisition further extends the data & analytics services provided by MJ Hudson to its clients.
Clarus operates chiefly in the RegTech area of the FinTech sector and was named to the RegTech100 in September of last year. The current AUM of products on its platform totals cGBP10 billion.
Founded in 2011, the team is led by Max Hilton, a quant finance expert and former
ThirdYear Capital’s ART Global Macro Fund, a macro hedge fund strategy which fuses quantitative and fundamental investing, has doubled its assets less than a year after launching, with the firm looking to capitalise on prevailing high valuations and interest rate and inflation risks.
The absolute return macro fund, which was launched by ThirdYear alongside distribution partner Agathon Capital in August 2020, has seen assets rise to EUR47 million (USD56.2 million) within its first 10 months.
The strategy uses short-term economic forecasts to identify historical cause-and-effect chains in real time, and anticipate their impact on financial markets.
Specifically, it trades a range of liquid and exchange-traded
ESG Investing, a multi-media platform devoted to ESG and sustainable investing, has launched Greenlight, an accreditation service for ESG funds and products.
Read the full story at Institutional Asset Manager…
Accountancy firm Moore Cayman, which specialises in providing audit services to investment funds and the digital asset industry including nearly 200 cryptocurrency-focused funds, has launched the first verification service for its audit clients through a public blockchain.
The service allows recipients of audited financial statements to independently verify they are valid original copies signed by Moore Cayman via a decentralised blockchain application.
Sixteen of Moore Cayman’s clients have already signed up for the complementary service, including BR CAPITAL, Gluwa Capital, Lantern Ventures, Lima Capital LLC, Nalu Capital, Satoshi Holdings and Warp Capital which manage digital asset funds.
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Crypto Asset Rating Inc (CAR), a US-based Fintech company, has launched the Advanced Rating Platform for rating crypto assets.
CAR has constructed a proprietary advanced rating system to bring transparency, auditability, and astringent rating governance structure. The comprehensive rating framework is comprised of 125 rating parameters which are grouped into 15 categories.
The advanced rating platform will help investors understand the long-term viability, credibility, and risk associated with crypto assets and objective analysis of the company issuing the asset.
“We are thrilled and delighted with our Advance Rating Platform going live,” says Pramod Attarde, Founder and Chief Executive Officer of
AIR Asset Management, a hedge fund management firm focused on longevity-linked investments such as life settlements and annuities, has announced that the AIR US Life Fund II strategy has exceeded USD160 million in assets under management.
The strong increase in the strategy’s assets has helped to fuel AIRAM’s rapid pace of growth as a firm. Despite the challenging environment over the last 18 months, AIRAM has been able to increase assets under management to over USD430 million. The firm believes this is a testament to the value and stability they provide for their investors.
“With high stock market valuations and
Hedge funds are on track to comfortably outperform their 2020 showing this year, with strong strategy returns and continued capital inflows boosting industry coffers to almost USD3.6 trillion in the run-up to 2021’s midway point.
Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenised financial instruments, is to bring its tokenised stock infrastructure to the Solana blockchain. Additionally, it will launch the first free-floating security tokens allowing the risk-free, compliant transfer of tokenised stocks exclusively on FTX during its initial debut.
“The move from operating on a private blockchain to operating on Solana will offer a much more efficient, and cost-effective environment for the trading and utilisation of tokenised stocks,” says Brandon Williams, Corporate Development Lead at Digital Assets AG. “We envision the entirety of traditional finance and
Diginex Limited, which recently rebranded as EQONEX Group, has announced that total spot and derivative trading volumes on EQONEX, its cryptocurrency exchange, exceeded USD5 billion over the past 30 days.
Volumes in June have continued their recent strong upward trajectory, with average daily volumes in June month-to-date of USD190 million, representing an increase of 206 per cent and 80 per cent from April and May this year, respectively. Compared to the first quarter of 2021 and prior to the launch of its native exchange token EQO, volumes in June month-to-date are up over 12 times.
The EQONEX exchange has transitioned
ATIF Holdings Limited (Nasdaq: ATIF), a holding group providing business and financial consulting in Asia and North America, has announced that its newly launched ATIF-1 Hedge Fund has received USD1 million subscription through President and Chairman of the Board, Jun Liu’s investment.
The subscription is a firm expression of Liu Jun’s support and endorsement of the fund’s management team and his belief that ATIF-1 Hedge Fund will provide investors with substantial returns in the future.
Headquartered in Los Angeles, California, AATIF is a holding group with asset management, investment holding and online financial information business with overseas business centres in
