Solutions
Cheyne Capital, the London-based credit and multi-strategy alternative investment manager, has continued to attract investor allocations during this year’s turbulence with its focus on market dislocations, as its thematic long/short equity hedge fund notched up successive gains in March and April.
“We’re known for stepping early into dislocations, such as real estate debt in 2009, social property in 2014, and sub-investment grade credit ahead of IFRS 9 in 2018, so we took in approximately USD500 million of investor allocations across our strategies during March and April,” said Stuart Fiertz (pictured), co-founder and president of Cheyne.
The firm’s Thematic Long/Short Equity Fund
State Street Corporation has entered into an alliance with Coremont to provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations.This alliance combines Coremont’s portfolio management analytics and support with State Street’s asset servicing and administration capabilities to power the entire investment lifecycle from trading to risk management to NAV production. The offering spans all major asset classes including Fixed Income, Currencies, Equities, and Commodities, with strong coverage in derivatives modelling and processing.
“This announcement marks a transformation in how hedge funds can be serviced, highlighting the invaluable insights data can bring when combined
Copper, a London-based digital asset infrastructure provider, has launched ClearLoop, a tool for investors to instantly settle crypto trades off-exchange.Over a year in the making, the ClearLoop application programming interface (API) has already been integrated into leading crypto exchange Deribit, in addition to five further exchanges including AAX, Bitfinex, CoinPass, Deversifi, and Xena.
To date, asset managers trading cryptoassets have had to move their assets from their secure cold wallets into the hot wallets provided by exchanges, a process which can often take more than one hour for even one blockchain confirmation. These delays are exacerbated when taking into account
Tyr Capital Arbitrage SP (Tyr Capital), a crypto hedge fund for institutional investors, family offices and high net-worth individuals, has announced strong double digit returns for investors in its first year results.At a time when the repercussions of CovidD-19 are taking a heavy toll on both stock markets and the hedge fund industry, Tyr Capital has started 2020 with a performance of +11 per cent as of the 30 April, beating benchmark comparators[1] by significant margin during extreme volatility. Annualised Sharpe ratio was above 4.
Tyr Capital Arbitrage SP was launched in January 2019 by Nick Norris, Ed Hindi and
Digital asset exchange Bitfinex, and Koine, a London-based digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies.Koine customers gain access to a post trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for institutional investors to mitigate counterparty, insolvency and credit risks of trading on exchanges. Koine customers who also have an account on Bitfinex will be able to obtain a line of credit on the Bitfinex trading platform using bitcoin or
Quincy Data has expanded its offering with the addition of US treasuries data, using sister company McKay Brothers’ microwave network to transport the data to Aurora, IL in under four milliseconds, the lowest latency available.
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Causality Link, an, artificial intelligence (AI)-driven investment technology provider, has appointed veteran buy-side executive Antoine Mallard to the firm as Vice President of Portfolio Management. In this role, Mallard will use his expertise in hedge funds, private equity, venture capital and portfolio management to accelerate Causality Link’s growth and hone the firm’s offering to provide the greatest impact to its investor clients.
Mallard brings more than 20 years of experience as an alternatives and equities investment manager with an international career spanning London, New York and Paris. Before joining Causality Link, Mallard co-founded Ai.VEN Partners, an impact fund specialised in
Modular Asset Management, a specialist Asian macro alternative investment management company licensed by the Monetary Authority of Singapore, has appointed Northern Trust for a new asset servicing mandate.Northern Trust will provide a range of custody, fund administration, middle-office outsourcing, collateral management and risk compliance monitoring services to Modular’s newly launched Cayman Islands domiciled Modular Asian Macro Fund and related entities.
Modular, which spun out of a large US hedge fund manager in January 2020, is one of Asia’s largest hedge fund launches in recent years. Its founder’s track record has attracted commitments from global institutional investors, which will bring the
Skytra, a wholly owned subsidiary of Airbus, has selected Nasdaq Clearing AB as the central counterparty (CCP) for its new derivatives trading platform aimed at allowing the global air travel industry to hedge revenue risk for the first time. As the trading venue’s CCP, Nasdaq Clearing will become the counterparty to all derivative contracts traded on Skytra’s MTF. Under the clearing services agreement, Nasdaq Clearing will provide all the necessary post-trade services. These services help safeguard operational efficiency and financial stability through the collateralisation of its members’ positions, in order to ensure that counterparty credit and market risks are measured and
The Hedge Fund Association (HFA), an international non-profit trade and non-partisan lobbying organisation, has announced SS&C Intralinks as a global Thought Leadership Council sponsor. This annual sponsorship level strengthens HFA’s programs to unite the alternative investment industry and accelerate development for its members worldwide.
“HFA is delighted to welcome industry leading service provider SS&C Intralinks to our Thought Leadership Council. Our organisations have already teamed up to deliver valuable insights to our members at HFA’s recent webinar: Capital Introduction Alternatives – New Paths and Perspectives,” says Mitch Ackles, HFA Global President.
SS&C Intralinks is a pioneer of the virtual data room,
