Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Apex Token Fund enters partnership to hedge against large scale macro-economic risks

Monday, April 02, 2018

Komfie Manalo, Opalesque Asia:

The first cryptocurrency investment fund of funds Apex Token Fund has partnered with Brad Chun and Neil Fillary of Shuttle Fund in recognition of the duo's development of a digital asset investment strategy that prepares for the worst possible economic scenarios, making them valuable contributors to a fund of funds focused on diversification.

In a press statement, Apex Token took note that as senior officials at Shuttle Fund, Chun and Fillary have hedged their money against the most serious macro-economic dangers.

"They identified flaws in the way that investors currently price these risks, and refined their strategy so that they would not fall victim to such flaws themselves. In this way, they used cryptocurrencies to prepare themselves for a financial meltdown or other economic catastrophe," Apex said.

It added that any investor with a strategy for surviving financial meltdowns is a valuable addition to a platform like Apex. The revolutionary cryptocurrency fund of funds seeks to invest in a broad array of companies that buy different assets and use unique strategies for investing in them.

"The goal is to amass a pool of investments that will remain profitable in virtually any market, limiting the risk to investors. Chun and Fillary will ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1