Solutions
By Muhammad Akram, CPA, Founder, Akram | Assurance, Advisory & Tax Firm – The decision to liquidate a hedge fund is undoubtedly one that no manager wants to make. However, it is an unfortunate reality of the industry that must be recognized and managed with due diligence. Liquidation is a complicated process that requires thorough planning and meticulous execution to ensure compliance with regulatory requirements and to minimize potential liabilities for both the fund and its investors.
Hudson Bay Capital Management, a global multi-strategy investment firm headquartered in Greenwich, Connecticut, with $20bn in AUM, has appointed SS&C GlobeOp to provide fund administration services.
CCData, an FCA-authorised benchmark administrator and provider of digital asset data solutions and settlement indices, has partnered with BMLL Technologies, an independent provider of harmonised level 3 historical data and analytics.
Bloomberg has launched a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap v Bond Future contracts through Eurex, allowing sell-side participants acting as executing brokers to facilitate a trade using a single interface.
LMAX Exchange, an institutional exchange for global FX, has connected with the Libre Liquidity Bridge service from 4OTC, a provider of low latency connectivity services for digital assets and FX.
With each passing year, hedge, private equity, and hybrid funds become more varied, creative, and complex. The added intricacy of fund structures extends to investor fee agreements and calculations. The 2/20 model is ancient history – and often unworkable for today’s alternative investors. This article delves into the evolving world of fund fee structures and their challenges while exploring the need for innovative solutions to streamline fee calculations.
LTX, a subsidiary of global fintech Broadridge Financial Solutions, has been awarded four fixed income trading patents covering bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol.
BMLL, an independent provider of harmonised, historical level 3 data and analytics across global equity and futures markets, has made three datasets – daily classified trades, level 2 quotes, and millisecond CBBO – available via the Snowflake Marketplace.
Finery Markets, a non-custodial crypto ECN and provider of trading infrastructure for institutional investors, has partnered with Hidden Road Partners through its FM Liquidity Match solution.
Crypto derivatives exchange BitMEX has launched Margin+, an exclusive programme aimed at allowing professional traders to tap the current bullish market sentiment by expanding their positions without the need to bolster their accounts with extra capital.
