Quantumrock, the German volatility-focused quantitative hedge fund manager, has seen returns soar in the first half of the year, with its flagship fund generating more than 36 per cent in the first half of 2020 following an eye-catching June gain of almost 10 per cent.
Canoe Intelligence (Canoe), a fintech focused on improving alternative investment operations, has partnered with SS&C Technologies to enable enables SS&C’s Black Diamond Wealth Platform clients to simplify and accelerate their alternative investment operational processes.
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has appointed Chris Junge as Vice President of Customer Success.
Hedge funds see “little to no profit” from betting against UK supermarkets, as short trades go awry during lockdown
Hedge funds that built major short positions against UK supermarkets at the start of the coronavirus lockdown have seen their bets go awry as share prices in the sector remained resilient.
Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and the Institutional Services division (IS) of inter dealer broker TP ICAP, have signed a multi-year agreement whereby TP ICAP will utilise TT’s new Order Management System (OMS) solution.
Apex Group (Apex), a global financial services provider, has launched a new Compliance Solutions service which will be run by Mel Scotland.
Mark Lacana has been appointed as Chief Revenue Officer at Fund Recs, a cloud-based reconciliation platform for the global funds industry which helps fund administrators, depositories, fund managers and audit firms reconcile complex data.
Arca, a digital asset investment firm that blends traditional finance with cutting edge blockchain technology, has launched the Arca US Treasury Fund, an SEC-registered closed-end fund, is available for investment.
Trad-X, a platform for interest rate derivatives, has added UniСredit as a dealer and ACTIAM as a non-dealer to its dealer-to-client (D2C) electronic central limit order book (CLOB).
Short-term trend-following hedge fund strategies stayed in positive territory in the first six months of 2020, despite June proving to be another tough month in which CTAs’ performance continued to slide as markets reverted and lacked direction.