Solutions
“As an investment case, bitcoin is very early stage and offers big potential, as its long-term correlation is low compared to traditional asset classes.” In the following article Michael Zbinden, CIO, and Dr Hartmut Neff (pictured, above left with Zbinden), Portfolio Manager, with the Crypto Finance Group, offer an introduction to the considerations around investing in crypto assets.
Digital asset price weakness prompted investors to add positions last week, with net inflows into investment products totalling USD74 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares.
Ether achieved its highest market share, peaking at nearly 27 per cent of all investment products.
Outflows, meanwhile, remain focussed on bitcoin investment products, which saw minor outflows of USD4 million.
The most recent data also suggests proof-of-stake coins remain popular with inflows into cardano, polkadot and ripple of USD5.2 million, USD3.8 million and USD4.5 million respectively.
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LeadingMile Consulting (LeadingMile), a European, full-service consultancy firm specialising in solution implementation for the alternative investment sector, has expansion to the United Kingdom.
Lloyd Dean, a former eFront and Charles River Development executive, joins Amsterdam-based LeadingMile Consulting, bringing his broad experience in financial services and alternative investments to establish and expand its London office.
As the new UK Country Director for LeadingMile Consulting, Dean will focus on strategic offerings within the UK as well as setting up and maintaining partnerships throughout the UK and Channel Islands. Having previously worked as the Director of Implementations for Charles River Development and as
Following regulatory approval from the FCA, JTC has completed the acquisition of INDOS Financial, as announced in February 2021.
INDOS Financial builds on JTC’s well-established fund services capabilities and will allow the Group to offer enhanced governance and technical expertise to clients, utilising INDOS Financial’s position as an industry-leading specialist in the provision of independent fund oversight services, including Depositary, Environmental, Social and Governance (ESG), Anti-Money Laundering (AML) and Cayman Islands Private Funds.
The acquisition forms part of JTC’s ongoing strategy of blending organic growth of the core business with disciplined inorganic growth that is governed by clear acquisition
Fund management technology platform Truss Edge has released the second phase of its Insight analytics as part of its May software release, bringing unique perspectives and a much higher level of configurability to fund manager operations.
Insight was released earlier this year to provide fund managers with a clearer perspective of critical data within their middle and back office, including mission critical data flows. The new additions expand and improve the available reporting tools for fund managers, bringing unprecedented levels of operational control and oversight.
The new release underpins Truss Edge’s commitment to highly configurable fund management tools with
By Neil Coxhead (pictured), Waystone – On 7 May 2021, the Financial Conduct Authority (FCA), unveiled plans to create a new regime with the specific aim of channelling investment into more illiquid assets, giving asset managers a hint of how UK fund regulation will develop after Brexit.
Founded in 1990, Rees Pollock has officially become the Financial Services team at leading tax and advisory firm Blick Rothenberg, and the Rees Pollock name will now no longer be used.
Moonstake has become a member of the PL^Gnet Partner Alliance and can now expand access to DeFi services, exchanges, and custodians participating in the PL^Gnet partner ecosystem for its users.
Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach USD1 billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently,
Talos, an institutional technology provider for digital asset trading, has completed a USD40 million Series A investment round led by Andreessen Horowitz and including investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures.
Read the full story at Institutional Asset Manager…
TickSmith, creators of the Enterprise Data Webstore and BMLL, an independent provider of harmonised, Level 3 historical data and analytics, have teamed up top help data producers such as stock exchanges, trading venues and data owners generate new revenue streams by creating and distributing analytics derived from their data.
Read the full story at Institutional Asset Manager…
