Reported By: CryptoFundReport.com
CoinDesk – SMAs as a financial service have been widely used by asset managers who work for institutional investors such as high-net-worth individuals and mutual funds. “SMAs provide an independent transparent vehicle for institutional investment,” said Alex Mascioli, Bequant’s head of institutional services. In a bid to keep its savvy clientele happy, Bequant also added cryptocurrency derivatives trading. The move lets fund managers find market-neutral strategies within those new SMAs, said CEO George Zarya.