This year, the assets of London-based crypto hedge fund Nickel Digital Asset Management have grown by about 260%, since a number of strategies, focused on cryptocurrencies, provided profits throughout the roller coaster period" in the sector. Growth, as a result of which the total amount of the company's assets reached more than $250 million, was provided with consistent positive returns on the fund's four strategies.
Nickel Digital's Original Flagship Strategy, Digital Asset Arbitrage Fund, currently occupies approximately a third of the company's total assets, having received 12,6% in 2021 year. Since its inception at the beginning 2019 the fund showed about 96% with volatility 3,5% and sharpe coefficient 3,8. A fully automated, market-neutral arbitrage hedge fund uses a range of trading strategies and approaches to profit from improper pricing in Bitcoin and other digital currencies..
Nickel Digital was launched in the beginning 2019 former portfolio manager of Goldman Sachs and JP Morgan Anatoly Krachilov, former Bankers Trust trader Michael Hall and former macrosynergy partners manager, Toscafund and Liongate by Alexey Claude.
Three other funds managed by Nickel:
- Diversified Alpha Fund – includes a pool of hard-to-reach and power-limited strategies, including high-frequency market-meaking, statistical arbitration, volatility arbitrage and trend-tracking systems. Over the past year, it has grown by 14,6%.
- DeFi Liquid Venture – in August it grew by more than 30%. This fund aims to take advantage of the growth potential in the broader infrastructure of digital assets outside of Bitcoin., focusing on opportunities in the field of protocols and decentralized finance.
- Digital Gold Institutional Fund – long-term buy&hold strategy for bitcoin.
Based on Hedge Week
