IASG Moves Into Crypto Hedge Fund Space With New Managed Account Offering
Institutional Advisory Services Group (IASG) is making a concerted push into the crypto hedge fund space with a new crypto managed account offering. IASG has launched a new website, https://www.iasgcrypto.com/, which tracks the performance of fifteen cryptocurrency hedge fund managers, enabling its high net worth and family office clients to see the performance of these funds before allocating through a managed account structure.
IASG launched a fund administration service in 2019 and Executive Vice President JonPaul Jonkheer says that the interest they are seeing in that business from crypto managers was a driver behind launching the new initiative.
“We found a bit of a niche in crypto for our fund administration service because managers needed a higher level of expertise. So, as we started working with them, we got a better understanding of what they need, and felt we could fill a gap there”, he said.