Hilbert Group is an investment company which specialises in quantitative, algorithmic trading strategies in digital asset markets.
Hilbert Capital’s CEO, Richard Murray, has been interviewed Allnews on the rise of quantitative fund managers in the Crypto space. Read the full article here (Note: English translation is available on Allnews’ website)
Hilbert Capital was recently featured in Alternatives Watch on Hilbert’s launch of the first SMA strategy on the new Coinbase OneSMA platform. Coinbase OneSMA is a new service operated by Coinbase Prime that allows investors to subscribe to a strategy of their liking straight from their Coinbase Prime account(s) while keeping full control of their…
Hilbert Group’s HILB B shares, listed on Nasdaq First North in Stockholm, was the share that appreciated most during 2023 on the Exchange. Swedish newspaper “Realtid” wrote an article on the most appreciated shares listed on the exchange, calling shares HILB B the “winner” of 2023. Read the full article here (Swedish only)
City A.M. recently published an article about Hilbert Group’s latest addition to it’s Board of Directors, Tim Grant. The article brings up Tim’s distinguished background and deep experience in both traditional finance and the blockchain/crypto industry. Tim recently became the CEO of Deus X Capital, before that he was the Head of EMEA at Galaxy.…
Hilbert Capital, the asset management division of Hilbert Group AB (Nasdaq: HILB B), has reached a significant milestone, achieving its 2024 assets under management (AUM) target of $300 million (SEK 3.3 billion) – a target that was set in 2022. Hilbert Group CEO Niclas Sandström comments, “Our pipeline looks promising, and the market environment has…
The extraordinary general meeting of Hilbert Group AB (publ) (“Hilbert Group”) in Stockholm on 18 October 2024 (the “EGM”) approved a part of the new issue of shares (the “Directed Issue”) that was announced on 30 September 2024.
The shareholders of Hilbert Group AB (publ) reg.no. 559105-2948 (“Hilbert Group”) are hereby summoned to an extraordinary general meeting (“EGM”) to be held on Friday, 18 October 2024 at 10:00 AM in the office of Advokatfirman Nerpin, Birger Jarlsgatan 2, 3rd floor in Stockholm.
Aktieägarna i Hilbert Group AB (publ), org. nr. 559105-2948 (”Hilbert Group”), kallas härmed till extra bolagsstämma fredagen den 18 oktober 2024 kl 10:00 på Advokatfirman Nerpins kontor, Birger Jarlsgatan 2, 3 tr i Stockholm.
Hilbert regularly publishes market analyses and peer-reviewed academic articles that study the quantitative-financial workings of markets.
ABSTRACT – In this paper we present a geometric approach to portfolio theory, with the aim to explain the geometrical principles behind risk adjusted returns; in particular Jensen’s alpha. We find that while the alpha/beta approach has severe limitations (especially in higher dimensions), only minor conceptual modifications are needed to complete the picture. However, these…
ABSTRACT In this paper we show that risk associated with leverage is fundamentally relative to an arbitrary choice of reference asset or portfolio. We characterize leverage risk as a drawdown risk measure relative to the chosen reference asset. We further prove that the growth optimal Kelly portfolio is the only portfolio for which the relative…
ABSTRACT In this paper we show that a Kelly trader is indifferent to trade the derivative if and only if the no-arbitrage price is uniquely given by the minimal martingale measure no-arbitrage price, thus providing a natural selection mechanism for option pricing in incomplete markets. We also show that the unique Kelly indifference price results…
ABSTRACT We show that the Kelly framework is the natural multi-period extension of the one-period mean-variance model of Markowitz. Any allocation on the instantaneous Kelly efficient frontier can be reached by trading in the bank account and a particular mutual fund consisting of risky assets only. However, different to the mean-variance model there is an…