Hedgeweek Newsletter

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NEWSLETTER | 27 Jan 2021

LA-based Wave Financial’s novel crypto-derivatives fund scores triple-digit return amid bitcoin volatility

A novel cryptocurrency fund run by digital assets-focused investment manager Wave Financial, which uses a call options strategy to trade on bitcoin’s volatility, has scored a near-146 per cent return in its first year of trading.

Wed | 27 Jan 2021, 11:18

The ways in which Amazon’s business model could be employed by financial services and fintech firms to influence, disrupt and reshape the asset management industry are explored in a deep-dive new study by SEI.

Next gen of alt data

Wed | 27 Jan 2021, 11:18

While the relationship between systematic hedge funds and alternative data sources is not new, quants have recently raised concerns that alt data is not giving the same alpha as it used to.

Wed | 27 Jan 2021, 11:18

The European Energy Exchange (EEX) has set a new record in Japan Power Futures by registering a volume of over 1 TWh in a single month for the first time since entering the market in May 2020.

Bit.com completes Copper ClearLoop integration

Wed | 27 Jan 2021, 11:18

Bit.com, a secure derivatives exchange launched by Matrixport, has completed its integration with Copper ClearLoop, a platform provided by London-based digital asset custodian Copper.co, which facilitates instant, off-exchange cryptocurrency settlements.

Wed | 27 Jan 2021, 11:18

Tether Operations Limited, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has today announced that tether tokens (USDt) have surpassed USD25 billion.

Wed | 27 Jan 2021, 11:18

Meketa Investment Group (Meketa), a global investment consulting and fiduciary management (OCIO) firm, has launched a new initiative to more thoroughly evaluate and rate asset managers’ efforts to ensure diversity and inclusion within their organisations.

Wed | 27 Jan 2021, 11:18

Alternative data specialist Eagle Alpha, has added AI-driven financial information technology provider Causality Link’s data to its library of alternative data supplied to asset managers, private equity professionals and corporate enterprises.

CMC Markets partners with AWS

Wed | 27 Jan 2021, 11:18

CMC Markets, a global provider of online trading and institutional (B2B) technology solutions, has selected Amazon Web Services (AWS) to help deliver the next phase of its digital transformation through accelerated delivery of new products and services.

Financial sector quants and data analysts held back by lack of automation

Wed | 27 Jan 2021, 11:18

Fewer than four-in-ten (37 per cent) of data scientists in financial services firms currently use AI, machine learning and other advanced technologies in their key analysis and investment processes and workflows, according to new research executed in the UK, US and Asia, for Alveo a solutions provider of managed data services for data mastering and analytics.

Wed | 27 Jan 2021, 11:18

Marathon Asset Management (Marathon), a global credit investment manager, has held the final close for its Marathon Secured Private Strategies Fund, which was oversubscribed with approximately USD900 million in commitments.

Wed | 27 Jan 2021, 11:18

Gracie Asset Management (Gracie), a long/short credit manager founded in 2004, has promoted Kyle Fitzgerald to the role of Portfolio Manager for the firm's credit funds, effective 15 January, 2020.