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Leveraging on its existing offices in Hong Kong and Singapore, Privium will expand its business development activities to Shanghai on 5 April this year.
Given China’s continuing market reforms and gradual financial sector liberalisation, Shanghai’s role as international financial centre is taking shape. In light of the country’s rapidly growing asset management industry, Chinese fund managers are increasingly looking at expanding their operations abroad. Privium is able to facilitate their ambitions with business development support in Shanghai as well as fully licensed offices in Hong Kong and Singapore.
Privium’s Group CEO Clayton Heijman, says: “China has been a key focus
Delta Exchange, a cryptocurrency derivatives exchange, has raised USD5 million from industry-leading investors in a private sale for DETO, the platform’s native token.
Participating investors include Sino Global, Aave Ventures, CoinFund, Kyber Network, Spartan, QCP Soteria, LuneX Ventures, gumi Cryptos Capital, BR Capital etc.
Delta Exchange offers Perpetual Swaps, Futures, and Options on Bitcoin and over 60 altcoins with up to 100x leverage. The exchange also offers advanced derivatives products such as interest rate swaps and calendar spreads on Bitcoin and is the first to launch a marketplace for retail traders to discover and subscribe to battle-tested algo trading strategies.
CME Group is to expand its suite of crypto derivatives with the introduction of a new Micro Bitcoin futures contract on 3 May, pending regulatory review.
Micro Bitcoin futures will be one-tenth the size of one bitcoin. The smaller-sized contract will provide market participants – from institutions to sophisticated, active, individual traders – with one more tool to hedge their spot bitcoin price risk or execute bitcoin trading strategies in an efficient, cost-effective way, all while retaining the features and benefits of CME Group’s standard Bitcoin futures.
“Since the launch of our Bitcoin futures contract in 2017, we have
Aslan House Capital, a London-based event driven equity and credit-focused hedge fund, has grown its assets under management to USD190 million following a strategic investment from asset management seeder Investcorp-Tages.
The firm, which invests across a range of hard event-driven equity and credit catalyst situations predominantly in Europe, has also broadened its investor base with additional commitments from several global institutions.
Launched in November 2019 by Luke Lynch, former deputy chief investment officer and managing partner at Oceanwood Capital, Aslan House’s strategy aims to generate alpha using a differentiated, uncorrelated and scalable investment approach.
Specifically, the fund trades three strategies
RioDeFi, an ecosystem of financial products bridging traditional and decentralised finance (DeFi), has launched its DeFi incubation hub following three successful pilot projects that will bring greater blockchain interoperability and strength to the DeFi ecosystem in Asia.
Read the full story at Institutional Asset Manager…
Flows into digital asset investments remained positive last week at USD21 million but were the lowest since October 2020, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Coupled with lower investment volumes does imply that investor appetite for digital assets has waned in the recent weeks as volatility remains high and the price trades sideways.
Bitcoin received the largest inflows, but ether on a market capitalisation basis (as has been seen in previous weeks) remains more popular with inflows of USD5 million.
Volumes in digital asset investment products averaged USD788 million per day, compared to the
Sanne, a global provider of alternative asset and corporate administration services has become the first successful applicant to secure a much-anticipated specialised depositary licence from the Central Bank of Ireland. Obtaining this licence further enhances Sanne’s capabilities in Ireland and its multi-jurisdictional proposition for alternative fund managers.
Sanne Depositary Services Ireland Ltd is now licensed to provide depositary services to collective investment schemes that require a streamlined, independent specialised depositary to comply with all AIFMD obligations. The new licence expands Sanne’s already well-established product offering to cater for Irish domiciled closed-ended funds.
Dermot Mockler, Director, Alternative Assets at Sanne, says:
Macrobond Financial, a provider of economic and financial data and analytics, has named Ian Hissey Regional Managing Director for Asia Pacific.
Read the full story at Institutional Asset Manager…