New Galaxy fund targets digital asset markets with risk-adjusted strategies

Galaxy Digital has launched the Galaxy Absolute Return Fund, an actively managed funding car designed to supply publicity to the digital asset ecosystem and adjoining disruptive applied sciences.

The fund aims to generate equity-like returns whereas avoiding direct investments in crypto tokens.

Its multi-asset technique consists of each directional and non-directional positions, investing in publicly traded equities, ETFs, derivatives, and fixed-income devices. 

By capitalizing on inefficiencies in digital asset markets, the fund seeks to ship robust efficiency whereas sustaining a low correlation to Bitcoin (BTC) and conventional indices just like the S&P 500.

Threat changes

Based on Galaxy, the fund will make use of a risk-adjusted method, using long and short positions to hedge towards volatility. It additionally advantages from Galaxy’s in depth analysis and danger administration infrastructure.

All belongings within the fund are traded on regulated exchanges and custodied with conventional monetary establishments, guaranteeing compliance with established monetary safeguards.

The fund is led by Christopher Rhine, CFA, Galaxy’s Head of Liquid Energetic Methods. Rhine brings over 20 years of expertise in asset administration, having beforehand held senior funding roles at Cohen & Steers and BlackRock.