The hitherto world of opaque hedge fund trading has been brought into the light with the advent of the Templar Fund, one of the world’s most successful Bitcoin hedge funds, trading perpetual Bitcoin futures derivatives on the Bitcoin Mercantile Exchange.
Hedge funds have generally been making less alpha on aggregate over the past decade due to certain factors such as increased competition, relatively unskilled hedge fund managers trying to get ‘lucky’ and the high subscription fees charged by many.
A combination of expertise, experience and cutting-edge tech has allowed one hedge fund in particular to buck this trend and become one of the safest yet highest yielding funds in this sector today.
What is the Templar Fund?
The fund is privately run and has been operating since 2018. It was set up by a well-known Wall Street hedge fund manager with significant experience in the sector together with a small group of other hedge fund experts who have been working closely since 2014. This person has chosen not to be named given the delicate nature of Bitcoin trading but lets the success of the Templar Fund speak for itself.
Having left the rat race of Wall Street the Templar Fund team spent a year putting together a fully automated trading system which was then integrated into one of the world’s first, and best performing, Bitcoin hedge funds. This trading engine can make millions of trades per week and outperforms any team of human operators as it is able to place hundreds of orders in less than a second.
How is the Templar Fund performing?
From its inception on 21st November 2018 until 3rd April 2020 the Templar Fund has returned 77.987% on equity.