the A joint Report by PwC and Elwood Asset Management notes a significant growth in hedge funds of crypto-currencies. The study comes to the result that the average assets under management in the crypto-hedge Fund, has grown since January, 2018 to three times. Current AUM is approximately $ 4.3 million.
Polina Khubbeeva
15. May 2019BTC$8.264,00 3.62%part Facebook Twitter LinkedIn xing mail
Of economic advisers, federated PwC recently issued jointly with the Digital Asset Management Company Elwood the crypto-hedge-Fund-Report of 2019. In the analysis of the average invested crypto-hedge Fund assets (“Average Assets under Management” (AUM)) has recorded the Investment firms have a significant growth of crypto-assets in hedge funds in the first quarter of 2019.
compared To $ 1.2 million of AUM in January 2018, the average scale crypto Investment grew three-fold. Currently there is approximately $ 4.3 million. The collected data is based on the information of 100 crypto-hedge Fund, the average Fund is 21.9 million dollars. 60 percent of the funds hold less than ten million dollars in assets. Less than ten percent hold more than 50 million US dollars in a Fund.
Investment successes, despite the bear market
The difficult market situation in the past year to put crypto-hedge Fund, although less than a Bitcoin. However, behind the bear market also left its mark here. The Median crypto-hedge Fund, lost more than 40 percent of its value in the year 2018. This, however, lies in the loss of value of the crypto-Holdings and does not indicate a withdrawal of investors.
we Compare the value of drop of the crypto-AUM results of Bitcoin, a successful Performance:
A majority of the managers made Bitcoin as a scale. As a result, it can be stated that these managers have managed to outperform their benchmarks, and an Alpha-enhancement achieved,
according to the authors of the study.
notes on institutionalization in the crypto Space
The Report is concerned, however, with the inner nature of crypto-hedge Fund away from the investment data. The average crypto-hedge-Fund-Manager has three to four years of experience in the investment business, the average size of a Fund-Teams of 7 to 8 people. A majority of the funds (64 percent) in the United States.
in view of these results, Henri Arslanian, Director of PwC Hong Kong notes: “The crypto-hedge Fund industry today is approximately at the point where the traditional hedge Fund industry was in the early 1990s. We expect that the industry goes through a rapid institutionalization process and in the next few years, some consolidation measures will be implemented.“
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