Hong Kong MaiCapital launched a Bitcoin hedge quantitative fund. What is a digital asset hedge fund?
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1. The second quantitative hedge fund Bitcoin+1 investment fund
MaiCapital Limited (CSRC No.: BMC948), a blockchain and cryptocurrency-related asset management company licensed by the China Securities Regulatory Commission, today announced the launch of the second cryptocurrency-themed quantitative hedge fund, Bitcoin+1 Investment Fund, to invest in various markets Price performance targets that track or outperform Bitcoin under conditions.
MaiCapital has succeeded in the first cryptocurrency-focused hedge fund, Blockchain Opportunity Fund, which has an auditable record for more than 14 months, and MaiCapital will continue to use its SFC-compliant operations and proprietary trading strategies to Manage the "Bitcoin+" fund. The "Bitcoin+" fund only accepts investment from Professional Investors.
He said: "There are already many passively managed cryptocurrency fund strategies in the market that mainly buy and hold bitcoin. Our Bitcoin+ fund not only aims to provide investors with an investment that grasps the price of bitcoin, but also here In the process, it can also outperform the performance of Bitcoin in the market.”
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News announcement of MaiCapital company
The new fund utilizes complex quantitative algorithms to optimize investment decisions, and invests in investment vehicles for Bitcoin and related assets, including Bitcoin, stocks, derivatives and other structured products, mimicking Bitcoin positions in a synthetic manner. The fund will strive to achieve a return in BTC through technical analysis and risk management.
Joy Lam, a Hong Kong investment fund partner at Sidley Austin, said: "With more attention paid to Bitcoin recently, the market is not only interested in more innovative investment products, but also in demand for regulated and high-quality investment management products. It keeps growing. MaiCapital and its Bitcoin+ investment fund represent a leading emerging fund management team focused on delivering this type of innovative product. We are honored to have partnered with the MaiCapital team to develop this type of innovative product, which is the first of its kind in Asia.”
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Notice of MaiCapital Launching Bitcoin Quantitative Fund
The Bitcoin+ Foundation is proud to participate in ESG initiatives, donating a portion of its profits to JA Worldwide, a world-renowned 100-year-old non-profit organization that provides young people with employment and entrepreneurial skills.
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2. What is a Bitcoin-based quantitative hedge fund
What is a hedge fund: (also known as a hedge fund or arbitrage fund, English: Hedge Fund) refers to a financial fund for the purpose of profit after combining financial derivatives such as financial futures and financial options with financial organizations. Its original purpose is to avoid losses through hedging.
The 7 major investment strategies of hedge funds:
market neutral strategy
market neutral strategy
Arbitrage
Private placement
macro hedging
Long-short (long-short) strategy
Managed Futures
multi-strategy
Because the digital currency market is tradable 7*24 hours a day, and the digital currency market is more rapidly changing than stocks. Hedge funds that use digital currency as investment targets can combine the long and short positions of the exchange and the diversification of tools to achieve fund Product designability and wealth allocation goals.
Examples of investment strategies:
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In addition to the programmed automatic trading strategies and event-based macro hedging strategies introduced above, there are also strategies such as technical K-line analysis, brick-and-mortar arbitrage, futures contracts, etc., by providing investors with different capital risks with adjustable, designable, It can be configured in multiple and complex combinations, and finally realizes Bitcoin investment in hedge funds.
Disclaimer: Regarding the above-mentioned explanation of Bitcoin hedge funds and analysis of Bitcoin hedge investment strategies, it is purely the personal opinion of Cheng Wei, a blogger of "New Aspects of Blocks", and welcomes everyone to exchange knowledge about digital assets.
【Introduction to MaiCoin Group】
MaiCoin Group is the oldest digital asset trading group in Taiwan. It was established in 2014 and provides cryptocurrency trading services. Its business includes MaiCoin platform, AMIS Account Networking Company, MAX Exchange, and MaiCapital.
About MaiCapital
MaiCapital Limited is a leading alternative asset investment manager in Hong Kong and a pioneer in applying the institutional investment model to the cryptocurrency space. The company was co-founded in 2018 by Benedict Ho and Michael Wong, Stanford alumni and financial and technology professionals, respectively. Protect. MaiCapital's investment principles focus on protecting the interests of investors and guarding against various counterparty risks associated with cryptocurrency-related products.
MaiCapital was approved by the Hong Kong Securities Regulatory Commission in August 2018 to operate and utilize different investment vehicles, such as derivatives related to cryptocurrencies, to fully invest in the fund's investment objectives, while maintaining direct investment in virtual assets In less than 10% of the fund's total asset value. Subsequently, MaiCapital launched their first cryptocurrency-themed product, the Blockchain Opportunity Fund, in early 2019. MaiCapital also recently won the 2020 Financial Technology Award from Hong Kong Economic Times (ETNET) as an investment manager for outstanding digital asset management.
About OSL
OSL is Asia's most comprehensive digital asset platform, providing "software as a service" (SaaS), brokerage, trading and custody services to institutional clients and professional investors. The company provides over-the-counter trading services, access to large liquidity pools, and smart energy inquiry solution system transactions, while also providing secure, insured wallets to ensure the safety of digital assets through timely transaction settlement. OSL is a member of BC Group (stock code: 863HK), a leading technology and digital asset listed company in Asia. BC Group is a world-class listed company focusing on digital asset business. It has been audited by the "big four" accounting companies and fully complies with industry-leading anti-money laundering and "account opening review process" (KYC) guidelines.http://chengwf.com---Declaration: This article is "New Aspects of Blocks" - Cheng Wei's original research report, please declare when reprinting "Source: New Aspects of Blocks (
