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Borsa Istanbul-listed brokerage house, Gedik Investment, has chosen Horizon Software as its platform for algorithmic execution.
Read the full story at Institutional Asset Manager…
New Hyde Park Alternative Funds has added the Galaxy Plus – Eagle Spectrum Fund (Eagle Spectrum), an investment strategy from Eagle Investment Solutions (Eagle), to its Galaxy Plus managed account platforms.
Eagle Spectrum invests in a diversified mix of liquid, exchange-traded futures across multiple sectors including currencies, fixed income, stock indices, agricultural, metals and energy.
The Eagle Spectrum strategy has been actively trading in proprietary accounts since 2012. The fund takes advantage of distinct price patterns primarily using spectral analysis and artificial intelligence techniques while adhering to strict risk and portfolio management rules.
“We provide a different risk-return
Hedge funds are stacking up gains this year as shuttered economies continue to unlock, with the industry navigating volatility and inflation to score its best January-to-May performance in two-and-a-half decades.
Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Deephaven Data Labs, a start-up that provides capital markets participants with a next-generation data platform, are collaborating to reveal actionable insights from massive datasets.
Initial use cases include more effective management of pre-trade risk and regulatory compliance for users across trading, risk and compliance desks.
The partnership follows a pilot at a top 10 investment management firm who, with the help of both vendors, is building a unified portfolio management platform for all of its applications. The hedge fund’s primary objective is to help users better manage
FXCM Pro, the institutional arm of online foreign exchange trading, CFD trading and related services provider FXCM, is partnering with Fortex, a multi-asset trading technology platform.
Read the full story at Institutional Asset Manager…
Coinbase, a global cryptocurrency exchange platform, has witnessed unprecedented growth in the institutional market in the first quarter of 2021. Since 31 December 2020, the platform’s institutional holdings have grown by 170 per cent, from USD45 billion at the end of Q4 2020 to USD122 billion at the end Q1 2021.
Read the full story at Institutional Asset Manager…
Hurricane Capital Advisors (Hurricane Capital), a global alternative investment management platform, has launched its operations with SS&C Technologies’ front-to-back office solution.
SS&C will provide fund administration, customised middle-office solutions, FIX connectivity, hosting and state-of-the-art order and execution management systems.
“We wanted to launch our operations with a technology partner to support the complex demands of a global multi-manager strategy on a single adaptable platform,” says Chris Napoli, COO. “SS&C’s best-in-class fund administration, seamlessly integrated with advanced execution and order management systems, creates a powerful infrastructure to lean on.”
Hurricane Capital’s segregated account platform allows experienced managers to invest
Digital asset investment products saw outflows totalling USD94m last week, according to the latest Digital Asset Fund Flows report from CoinShares.
Despite the new outflows CoinShares believes the latest figures imply an early turn in sentiment since May, where most product providers were seeing net outflows and sentiment was broadly negative.
Ether continues to see inflows into investment products totalling USD33 million, remaining the altcoin of choice for investors.
Digital asset investment product trading volumes highlight investors remain cautious over bitcoin with weekly volumes having fallen 62 per cent compared to last month.
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Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has committed to a carbon-neutral investment approach.
The fund’s blockchain activity will be independently assessed annually for carbon impact, with Argentium pledging to purchase carbon credits or offsets to neutralise that impact. In addition, Argentium will purchase credits or offsets to cover its own carbon footprint.
As part of this initiative, Argentium – which recently unveiled its systematic multi-strategy arbitrage fund Chimera – is working with Brazilian environmental platform MOSS, which creates carbon offset programmes through its MCO2 token, the world’s first tokenised carbon credit.
“We will purchase and ‘burn’ the required number of MCO2 tokens
The third annual research report into the global Crypto Hedge Fund space, commissioned by PwC and Elwood Asset Management, has seen Gibraltar secure its place as the third preferred jurisdiction for the domiciliation of hedge funds, behind the Cayman Islands and the United States.
While the Cayman Islands and the United States maintained their position as the top-two places where crypto hedge funds are domiciled, their market share declined overall. Meanwhile, Gibraltar overtook the BVI and Luxembourg, pushing down Liechtenstein to less than 5 per cent.
The data confirms that funds tend to be domiciled in the same
