23 Aug 2022
Startup prime broker Hidden Road secures backing of big trading houses and crypto firms
Hidden Road, a new prime broker focused on digital assets and foreign exchange has secured the backing of some of the world's biggest…
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Fairlight Asset Management implements SS&C's Eze Eclipse for front-to-back operations
Fairlight Asset Management, an Australia–based global equity manager, has selected SS&C Technologies' Eze Eclipse as its front-to-back…
Crypto service provider Coinmotion partners with FA Solutions
Nordic crypto asset service provider Coinmotion has partnered with Helsinki-based cloud portfolio management platform provider FA Solutions…
22 Aug 2022
DTCC’S Project ION platform now processing over 100,000 transactions per day on DLT
The Depository Trust & Clearing Corporation's (DTCC) Project Ion platform, which is being developed as an alternative settlement…
Appital Turquoise BookBuilder goes live
Appital, the equity capital markets technology solution, and Turquoise, the pan-European MTF, majority owned by London Stock Exchange…
One-in-three traditional hedge funds now investing in digital assets
The number of traditional hedge funds investing in digital assets has almost doubled in a year to over one-in-three, according to a report…
Pershing Square appoints new chief investment officer
Ryan Israel has been appointed as the new chief investment officer at Pershing Square Holdings, the hedge fund run by billionaire investor…
Griffin's Citadel Securities borrows $600m to cash in on strong demand from lenders
Citadel Securities has borrowed $600 million to bolster its balance sheet and capitalise on strong demand from lenders after increased…
Asia hedge funds double down on Alibaba and Sea bets
Hedge funds Aspex Management (HK) Ltd and Oasis Management Co are among a group of Asia-focused funds that have increased their positions…
19 Aug 2022
SS&C GlobeOp Forward Redemption Indicator at 2.35% in June
The SS&C GlobeOp Forward Redemption Indicator for August 2022 measured 2.35%, up from 1.82% in July.The SS&C GlobeOp Forward…
Hedge funds back in positive territory in July
Hedge fund performance swung back into positive territory in July – following negative returns for much of this year – with all AUA…
Hedge fund gains trail S&P500 in July
PivotalPath's Composite Index, which tracks hedge funds of various strategies, rose 0.9% in July, way behind the 9% jump of the S&P 500…
Record inflows at macro hedge fund LHG Capital push AUM to over $750m
LHG Capital Management (LHG), a hedge fund firm focused on global macro investment strategies, received over US$600 million in net inflows…
Genesis lays off 20% of workforce
Genesis Global Trading is laying off 20% of its 260-strong workforce weeks after it emerged that the cryptocurrency lender and brokerage…
Options secures eighth Microsoft Gold Partner Status competency in Data Platform
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has secured it eighth Microsoft Gold…
