Fund manager Panxora has started accepting subscriptions for the launch of a quantitative hedge fund designed to generate profits from the rapidly growing decentralised finance (DeFi) token market that will start trading on Monday, November 2, 2020. Panxora, a licensed fund manager, has launched the Cayman Island-based DeFi Fund to give investors access to the […]
Tag: Hedge Fund
Hedge funds enjoyed a reasonable May according to the Barclay Hedge Fund Index, which rose 2.74%, the index remains in negative territory for the year, however, at -4.67% All 30 sub-indices were up for the month, led by the Emerging Markets Global Fixed Income Index at +6.03%, however year-to-date only six are positive – unsurprisingly […]
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. The 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 […]
Investment consulting and financial advisory firm, eVestment, released its Hedge Fund Industry Asset Flow Report for Q1, which draws parallels between today’s COVID-19 crisis and the global financial crisis (GFC) of 2008. Overall, the report finds that although there are similarities, early indications are that the hedge fund industry is weathering the current storm better […]
Galen Stops takes a look at how and why Aston Capital Management is planning to scale up following its recent $100m investment.
Aston Capital Management recently received an injection of $100 million in AUM and an additional $5 million in seed operating capital from private investors. Following this investment, the firm’s CEO Isaac Lieberman is, perhaps unsurprisingly, bullish about its future.
“We have a goal through our strategic mandate and product development timeline to have capacity to be managing $2 billion in AUM within two years and I can actually see us achieving this goal quickly as this business accelerates,” he says.
To help achieve this goal, Lieberman has deliberately been structuring the firm so that it can easily scale up in the future. For starters, the firm has been getting a whole slew of regulatory and accountancy registrations in place.
Sydney-based Hunter Burton Capital has launched a second FX fund to compliment its existing HBC Alpha fund. The new fund, the HBC Income Fund, will be managed by Rob Lerpiniere, who joined the firm last month and will target 8-10% returns per annum with low downside volatility. “Following a fantastic year for the Alpha Fund […]