NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) — JKL Capital, a leading digital asset manager, was awarded the Hedgeweek US Digital Assets Award in recognition of the fund’s three-year market neutral performance. The winners’ gala took place last night (March 2n.d) at Convene 101 Park Avenue, New York, where fund managers, investors and fund service providers gathered to celebrate top performers in the Digital Assets industry.
Hedgeweek works with BarclayHedge to pre-select fund managers based on their performance. This year, the Hedgeweek Digital Assets Awards saw an amazing turnout: in total, more than 20,000 votes were cast by asset managers, investors and funds.
“For our investors, the award is a testament to JKL Capital’s rigorous risk management processes and successful performance in a volatile market,” said Lin Cheung, JKL Group CEO. “Our quantitative trading strategies use a combination of technical methods in data analysis, machine learning and artificial intelligence. These strategies have been thoroughly tested and refined over the years, ensuring that the firm is well positioned to navigate any market environment.” JKL Capital’s focus on volatility trading strategies made the asset manager agnostic to market sales of 2022.
About JKL Group
JKL Capital is the financial part of a wider JKL group. Founded in 2017, JKL Group covers a wide range of digital asset services, including Bitcoin Mining, OTC, Asset Management and Lending.
A significant highlight in 2022 was the group’s expansion into Bitcoin mining. JKL’s first mining facility has an initial capacity of 35MW (hosting 10 thousand mining rigs) based in Texas, USA. In addition, JKL Group incubated an early stage Web3 project LENA Network – an NFT staking platform that aims to provide users with a new way to generate liquidity on their digital assets.
JKL Capital – Market neutral strategy
At JKL Capital, arbitrage opportunities are captured by the fund’s Basis Spread Mean Reversion strategy. It exploits trading opportunities across cryptocurrency cash and derivatives markets, while capturing deviations between markets with sufficient liquidity.
JKL Capital – directional strategy
JKL’s Directional Quantitative Strategy is an institutional grade investment product that utilizes a proprietary trading system that drives portfolio allocations, trade execution and risk management. The strategy mimics traditional CTA strategies and is mainly focused on predicting short-term price movements in the top 30 cryptocurrencies ranked by transaction volume.
JKL Capital – AI Trading Strategy – introduced in Q2 2023
JKL Capital is pleased to launch its new proprietary trading strategy that harnesses the power of artificial intelligence and Big Data methods. The strategy was subjected to rigorous research and development over 2+ years that included refining algorithms and calibration parameters. The resulting system is able to recognize potential trading opportunities based on prevailing market conditions and executes trades with adequate risk management. It is also trained to automatically adjust its approach as the market dynamic changes over time.
Visit JKL Group’s website www.jkl.group to find out more about their digital asset services and Bitcoin mining facility.
Email: [email protected]
A video accompanying this announcement is available at
