Kenetic Bucks Crypto Market Trend with YTD 77% Returns in Investment Portfolio
Kenetic, a blockchain investment and advisory firm based in Hong Kong, has revealed that its proprietary investment portfolio has recorded year-to-date returns of 77 percent as of October 31, 2018, against a backdrop of major losses in the cryptocurrency market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181113006323/en/
After hitting its record high in December 2017, Bitcoin has fallen over 50 percent in 2018 and the overall crypto market is down around 65%.
Kenetic’s proprietary investment portfolio is comprised of its best ideas that have undergone thorough due diligence by its experienced investment team. Its alpha-generating strategies are largely focused on early stage investments, catalyst driven events and macro themes, complemented by prudent risk management and proprietary in-house trading tools.
“As active leaders in the global blockchain community, we see where the strongest investment opportunities lie and rising trends that are influencing traditional industries,” said Daniel Weinberg, CEO of Kenetic. “During this volatile period, our proprietary investment portfolio continued to outperform many crypto funds as a result of our deep institutional investment experience and strong risk management.”
To facilitate professional investor access to these opportunities, Kenetic and Venture Smart Asia Limited (VSAL), a wholly-owned subsidiary of Venture Smart Financial Group (VSFG) and a Hong Kong Securities and Futures Commission-licensed corporation that provides wealth management and asset management services, have established a strategic partnership that will give qualified professional investors access to cryptocurrency investment funds.
Through this partnership, the two companies will work together to develop cryptocurrency investment funds for professional investors leveraging the respective expertise and resources of both entities. Distributed by VSAL, the new funds will offer eligible investors the ability to diversify their portfolios with digital assets across different passive and active strategies.
“VSAL and Kenetic have a strong partnership and are building institutional-grade investment products in the digital asset space,” said Mark Brady, Executive Director at VSFG. “We work with the best partners to build products that will meet the highest standards of any buy-side institution. Pairing Kenetic’s blockchain expertise with VSAL’s customized asset management solutions will help institutional investors gain access to fund products that suit their needs.”
Kenetic is a blockchain firm committed to expanding the development and adoption of blockchain technology through investments, advisory services, markets and trading. At Kenetic, we believe in building a sustainable community around blockchain, and have built a world-class team and network of partners across our platform of services. For more information, please visit www.kenetic.capital.
Venture Smart Financial Group (VSFG) is a diversified financial services group that provides clients with customized asset management solutions through its subsidiaries to seize global investment opportunities. VSFG is committed to helping individuals, families and corporations meet their financial objectives. For more information, please visit www.vsfg.com.
Venture Smart Asia Limited is a licensed corporation regulated by the SFC for types 1 (dealing in securities), 4 (advising on securities) and 9 (asset management) regulated activities pursuant to the SFO (“VSAL”) with CE No. BCO 369.
This press release is for general information only and should be used solely for reference and not for any other purposes, commercial or otherwise.
For the avoidance of doubt, this press release is not intended to be and does not constitute (a) investment advice or recommendation or (b) an offer to sell or issue or a solicitation of an offer to purchase or subscribe for any securities. This press release does not form the basis of and should not be relied upon in connection with any contract or commitment.
Any investment decision must be made solely on the basis of your own due diligence and assessment and you should seek professional advice as appropriate. Neither VSFG nor Kenetic nor their respective subsidiaries, affiliates, shareholders, directors, officers, employees, consultants or agents accept any liability whatsoever for any decisions taken based upon this press release.
No representation or warranty, express or implied, is given or made. The information in this press release has not been audited. Actual realised returns on unrealised or illiquid investments may differ materially. All forward-looking statements, estimates and opinions in this press release, by their very nature, may be based on certain assumptions and may or may not turn out to be true, and will be subject to change without notice. Any reference to past performance or return should not be taken as an indication of future performance or return.
HK: +852 2837 4774
HK: +852 3890 7066
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Mary Kay Inc. Announces Two Executive Appointments in Supply Chain Operations24.1.2019 16:12 | Tiedote
Mary Kay Inc., celebrating its 55th anniversary as a top beauty brand and direct seller in nearly 40 markets, announces the appointments of Chaun Harper as Senior Vice President – Chief Manufacturing Officer and Dr. Lucy Gildea as Senior Vice President – Chief Scientific Officer. In their new roles, Harper and Gildea will join the global cosmetics company’s executive team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190124005055/en/ In their new roles, Chaun Harper and Lucy Gildea will join the global cosmetics company's executive team. (Photo: Mary Kay Inc.) As Senior Vice President – Chief Manufacturing Officer, Chaun Harper will assume responsibility for global manufacturing operations, global inventory control, supply planning, transportation and global quality. Harper joined Mary Kay Inc. in 2014 as Director of Production Operations. During his tenure, Harper has been instrumental in creating a culture of continuous
nCipher Security Delivers Trust, Integrity and Control to Business Critical Information and Applications24.1.2019 16:00 | Tiedote
nCipher Security, the provider of trust, integrity and control for business critical information and applications, officially launched today creating a new leader in the general purpose hardware security module (HSM) marketplace. Today’s fast moving digital environment offers opportunities to enhance customer satisfaction, improve operational efficiency and gain competitive advantage, but in doing so also raises new security challenges. nCipher’s market-leading solutions and services allow organizations to keep pace with innovation while protecting their business critical assets from security breaches. The world’s leading organizations have depended on nCipher nShield HSMs for more than 20 years to provide a root of trust for their business critical applications and meet their cybersecurity needs. Our customers include 5 of the top 10 Fortune 100 and 10 of the top 20 FTSE 100 companies. Organizations are also now subject to an increasing number of strict compliance mandates such as the
FLIR Systems Awarded $39.6 Million Contract for Black Hornet Personal Reconnaissance Systems for U.S. Army Soldier Borne Sensor Program24.1.2019 16:00 | Tiedote
FLIR Systems, Inc. (NASDAQ: FLIR) has been awarded a $39.6 Million order to deliver FLIR Black Hornet Personal Reconnaissance Systems (PRS) in support of the United States (U.S.) Army. The highly capable nano-unmanned aerial vehicle (UAV) systems delivered under this contract will support platoon and small unit level surveillance and reconnaissance capabilities as part of the Soldier Borne Sensor (SBS) Program. The U.S. Army awarded in June 2018 the first SBS phase contract to FLIR for an initial batch of Black Hornet PRS. These systems are being delivered now to the U.S. Army for initial integration into the force. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190124005255/en/ FLIR Systems has been awarded a contract to deliver Black Hornet Personal Reconnaissance Systems for the United States Army's Soldier Borne Sensor program. The nano-unmanned aerial vehicle systems will support platoon and small unit level surveillanc
Smithers Viscient announces the appointment of Ian Siragher to the position of Managing Director24.1.2019 13:30 | Tiedote
Smithers Viscient, a global contract research organization (CRO), today announced the appointment of Ian Siragher to the position of Managing Director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190124005031/en/ Ian Siragher, Managing Director, Smithers Viscient Europe (Photo: Business Wire) Siragher will assume operational responsibility for the Smithers Viscient European site in Harrogate, UK. His experience includes high technology start-ups, running SME business, sales, marketing and regulated industry programs within the analytical, pharmaceutical and drug delivery industries. He brings a wealth of entrepreneurial experience with proven strengths in scientific knowledge, operational and strategic planning, coupled with a strong client focus. “We are delighted to welcome Ian to our business,” said Susan Shepherd, President, Smithers Viscient. “Ian is an excellent appointment for us; he is a proven operational leader
HCL Technologies Honors Humanitarian Leaders at the 2019 World Economic Forum in Davos24.1.2019 13:22 | Tiedote
HCL Technologies, a global technology company, today announced its Goodwill Champions Awards Night to honor humanitarian leaders from around the world. The event will take place on January 24th, 2019, at the HCL Pavilion in Davos and will celebrate these heroic organizations committed to pursuing distinct noble causes, primarily focused on global education, youth development, and women empowerment. This is the first year the awards have been presented, and HCL Technologies plans to issue them each year in a global forum. The award recipients are Katja Iversen, CEO of Women Deliver, which advocates for global investments in gender equality and health; Olajumoke Adekege, Founder of Young Business Agency, which provides employability skills training and recruitment services to young job seekers globally; Chiara Tiles, Founder of We Do it Together – which produces films, documentaries, TV, and other forms of media, uniquely dedicated to the empowerment of women; Baillie Aaron, Founder and
P&G Joins TerraCycle’s Loop – an Environmentally Friendly and Convenient E-Shopping Platform – With 11 Household Brands24.1.2019 13:00 | Tiedote
The Procter & Gamble Company (NYSE:PG) today announced the introduction of reusable, refillable packaging on some of its most popular products as part of a new effort that aims to change the world’s reliance on single use packaging and disposable waste. Additionally, new “collect and recycle” circular solutions that help eliminate waste were also introduced as part of a partnership with LoopTM, a circular e-commerce platform developed by international recycling leader TerraCycle. Many of P&G’s largest global brands, including PanteneTM, TideTM, CascadeTM and Oral-BTM will participate in this innovative platform later this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190124005087/en/ Pantene is introducing a unique bottle made with lightweight, durable aluminum for its shampoo and conditioner. (Photo: Business Wire) Loop is a first of its kind global packaging and shopping circular solution which aims to improve the e
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme