Carne Group, a digitally driven platform for the asset management industry, has secured a EUR100 million investment from Vitruvian Partners. 

Hedge and ETF technology specialist Truss Edge has introduced enhancements in both front and back office features that will further benefit the firm’s asset management clients. 

The Citco group of companies (Citco) has opened new offices in Abu Dhabi Global Market (ADGM), the international finance centre in the United Arab Emirates, after increasing its assets under administration (AUA) in the region last year by 400 per cent to approximately USD125 billion.   

TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital.

Hedge fund managers have experienced “significant” performance dispersion over the past 12 months, with the biggest funds seeing the largest gaps between gains and losses, new industry data shows, once again underlining the importance of investor due diligence in separating winners from losers.

An unprecedented number of delays when sending out orders to market is costing hedge fund managers USD20 million per year, according to new research from TradingScreen. 

ITERAM Capital SA, an independent alternative investment company, has been authorised by the Swiss Financial Market Supervisory Authority (FINMA) as an authorised asset manager of collective investment schemes. 

Tickeron, an artificial and human intelligence platform delivering trading insights and analysis, has launched a new AI Robots tool for cryptocurrency trading.

As more hedge fund firms pile into the digital asset and cryptocurrency space, analysts at the London-listed hedge fund giant Man Group say bitcoin’s recent volatility could be seen as “price discovery” in a new asset class, which will ultimately give way to greater stability in the currency, and more credibility among investors.

In 2016, SEI issued a paper on what it saw as five major innovations that were causing disruptions both within and outside of their respective industries. The company has revisited those themes, namely: Watsonisation, Googlisation, Amazonisation, Uberisation and Twitterisation, to provide an up-to-date picture of the innovations occurring in our industry today. Over the next few months SEI will share its findings and recent developments for each theme. Next up: Amazonisation…