Solutions
The estimated size of the global cryptocurrency market stands at USD293 billion, according to Cointelegraph. Within this arena, PwC estimates that there are around 150 active crypto hedge funds, managing approximately USD1 billion in aggregate AUM.
Fund sizes remain modest, with the average crypto hedge fund running USD21.9 million (as of Q1 2019), according to the PwC report, although given that this figure is skewed by a selection of funds managing USD50 million-plus, PwC estimates the median fund AUM to be more like USD4.3 million.
Still, given the volatility that tore through the cryptocurrency markets in 2018, the fact
By Ben Watford & James Burnie – Setting up a crypto-fund is not straightforward. Participants can be unclear as to the nature of this nascent asset class, whether it is an asset class, and just generally what it all means and whether it is worth anything.
This article seeks to help demystify what is going on, and to guide managers seeking to enter the crypto ecosystem.
What are we talking about?
“Blockchain”, simply put, is a technology which allows for a single piece of data (called a “token”) to be viewed by multiple persons simultaneously, at any time of the day,
Copper is a London-based technology platform that is set to revolutionise crypto investing. By building state-of-the-art trade infrastructure, the Copper Platform not only allows funds to easily, and securely deploy capital across multiple exchanges, it also provides institutional-quality independent custody.
By Manuel Anguita – At Silver 8 Capital, we believe that the future global monetary system will look considerably different than that of today. In our view, the combination of technological progress and geopolitical and social developments are going to change the current forms and uses of money.1
Ultimately, we strongly believe that blockchain technology will form the backbone of this monetary evolution.
In the modern world, currencies are primarily sponsored by groups or individual nation states, together with institutions that represent their interests. Currencies are, to a large extent, a public and managed good, tied to a specific geography and
The digitisation of the alternative funds industry has the potential to usher in a new investment paradigm; one that offers fund managers and investors a chance for capital preservation by investing in companies, real estate, infrastructure projects, and crypto currency-backed projects that are free of the influence of central bank intervention.
For hedge fund managers, this could open up new opportunities to invest in blockchain companies that eventually go public, and change the way they run their funds, not to mention cryptocurrencies, which are likely to continue to expand in number.
As we head towards 2020, there are signs that
Independent specialist asset manager, Unigestion, has completed its migration from on-premise to a cloud-based model, on SimCorp Dimension.
Unigestion’s migration addresses the operational burden faced by many buy-side institutions, as they seek more flexibility, scalability and elasticity within their investment operations.
Unigestion is the first client to migrate from on-premise to SimCorp’s delivery model, chosen by 20 buy-side institutions around the world. The asset manager will now more efficiently consume and manage SimCorp Dimension, with access to a suite of SimCorp managed services, via cloud technology. The implementation sees Unigestion utilise the full service stack of SimCorp Dimension.
As part of a proof of concept, SIX is working with the SNB to explore technological options to make digital central bank money available for the trading and settlement of tokenised assets between financial market participants.
The technological foundation for its feasibility is provided by the SIX Digital Exchange, which uses distributed ledger technology.
The SIX Digital Exchange (SDX) continues to progress according to plan, making it the world’s first distributed ledger technology (DLT)-based platform for the issue, trading, settlement and custody of digital assets.
This exchange innovation is now joining forces with innovation in the currency space:
Tradeweb Markets has significantly expanded its portfolio trading functionality for corporate bonds, enhancing access to competitive liquidity globally.
Portfolio trading at Tradeweb improves execution efficiency by allowing institutions to package multiple bonds into a single basket, negotiate a portfolio level price with liquidity providers including banks and principal trading firms, and execute in a single transaction. Tradeweb was the first trading platform to offer portfolio trading for corporate bonds and has facilitated a total USD21 billion year to date, with single trades as large as USD1 billion in notional value. In the same timeframe, Tradeweb was the leading corporate bond
Broadridge Financial Solutions has incorporated of Sisense’s embedded data analytics into its revenue and expense management application.
Broadridge’s sell- and buy-side clients can now benefit from enhanced data analytics, operational workflow efficiencies and transparency, helping them to gain instant insights into revenue and expense streams and achieve an advanced level of reporting.
Broadridge’s revenue and expense management solution aims to offer a flexible, rules-based technology application that tracks and calculates asset management, FX, transaction and performance fees across a variety of complex workflows and fee structures, and improves revenue reporting. Asset management, hedge fund, wealth and bank clients utilise
Institutional investment data and analytics specialist eVestment is to collect and manage French independent investment consultan insti7’s asset manager data while insti7 will incorporate eVestment data analytics solutions into its management selection and monitoring processes.
insti7 consultants will use eVestment to understand and analyse data from asset managers with whom they have existing relationships. eVestment also allows insti7 consultants will be able to access data on 4,200+ asset managers globally reporting to eVestment. These asset managers report on more than 24,500 institutional investment products across asset classes, geographies and investment styles, representing more than USD42 trillion in assets under management.
