1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Hilbert Group AB (publ)
  6. News
  7. Summary
    HILB B   SE0016278154

HILBERT GROUP AB (PUBL)

(HILB B)
Delayed Nasdaq Stockholm  -  09:10 2022-08-12 am EDT
2.530 SEK   +1.20%
07/05Hilbert Group hires Cevian Capital senior executive, Richard Murray, as CEO of asset management division, Hilbert Capital
AQ
07/05Hilbert Group AB Hires Richard Murray as CEO of Asset Management Division, Hilbert Capital
CI
06/01HILBERT GROUP | Continues build-up during crypto bear market
AQ
SummaryQuotesChartsNewsCalendarCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Hilbert Group launches new systematic crypto fund with focus on Bitcoin and Ethereum

01/03/2022 | 08:16am EDT

Hilbert Group AB (NASDAQ FN: HILB B), the Nasdaq First North listed investment firm focusing on digital assets and blockchain technology, has now launched the envisaged Hilbert Syrius Bit+ Fund (“HSBF” or the “Fund”), a systematic quant-driven crypto fund.

HSBF is launched as a joint venture with strategic advisory firm Oracle Strategies Limited under a newly formed Cayman-based investment manager named Hilbert Syrius Asset Management Ltd. Both the fund and the investment manager will be regulated by CIMA.

“The objective of HSBF is to outperform Bitcoin on a long term, risk-adjusted, basis. In order to attract institutional investors, HSBF will focus mainly on liquid, large-cap cryptocurrencies such as Bitcoin and Ethereum, with only a very limited exposure to a few top Altcoins. The core strategy is powered by Oracle Strategies’ AI-based algorithms that adjust the risk-exposure according to the inherent cycles within cryptocurrencies”, says Niclas Sandstrom, CEO of Hilbert Group. “The purpose of this fund launch is threefold – firstly, it broadens our fund offering with a product that is lower risk than Hilbert Digital Asset Fund. Secondly, it further expands Hilbert Group’s footprint in Asia and our capacity to attract both professional and institutional investors there. And thirdly, it adds another important building block in our strategic partnership with Oracle Strategies Limited, a quantitative research firms in the hedge fund space.

“The launch of HSBF is the first in a planned series of joint fund launches and we look forward to working closely together with Hilbert Group on these. Oracle Strategies Limited have years of experience in developing bespoke trading algorithms in both cryptocurrencies and equities in order to help hedge funds outperform. We see many synergies with Hilbert Group’s institutional crypto funds platform. Their expertise in crypto fund management in combination with being a public company will be of great help expanding the franchise for both parties going forward”, says Joseph Jeong of Oracle Strategies Limited.

About Oracle Strategies Limited
Oracle Strategies is a private quantitative research firm that specializes in building AI-based algorithmic strategies for the hedge fund- and crypto communities. Since 2015, Oracle strategies have developed many robo-trading strategies for global equities, futures and cryptocurrency markets. Oracle Strategies’ algorithms have powered winning hedge fund strategies and have helped funds significantly outperform the markets over time.

For further information, please contact:
Niclas Sandström, CEO Hilbert Group
+46 (0)8 502 353 00
ir@hilbert.group

© Modular Finance, source Nordic Press Releases

All news about HILBERT GROUP AB (PUBL)
07/05Hilbert Group hires Cevian Capital senior executive, Richard Murray, as CEO of asset ma..
AQ
07/05Hilbert Group AB Hires Richard Murray as CEO of Asset Management Division, Hilbert Capi..
CI
06/01HILBERT GROUP | Continues build-up during crypto bear market
AQ
05/27Report from the Annual General Meeting of Hilbert Group AB (publ)
AQ
05/10Mark Adams, Head of Legal at William Hill International, joins Hilbert Group as Chief L..
AQ
05/10Hilbert Group AB Appoints Mark Adams to Join the Executive Team as Chief Legal Officer
CI
05/06Hilbert Group's Annual Report for 2021 has been published in Swedish and English
AQ
04/29HILBERT GROUP : Publication of annual report postponed one week
AQ
04/27Notice of Annual General Meeting of Hilbert Group AB (publ)
AQ
04/08Hilbert Group acquires a stake in blockchain company Capchap
AQ
More news
Chart HILBERT GROUP AB (PUBL)
Duration : Period :
Hilbert Group AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Niclas Sandstrom Chief Executive Officer
Sylvana Sciberras Chief Financial Officer
Erik Kjellsson Nerpin Chairman
Gijs Burgers Chief Operating Officer
Frode Foss-Skiftesvik Independent Director