Hilbert Group CEO Barnali Biswal was recently interviewed by Dagens Industri. The interview and news article focused on the recent acquisition of Liberty Road and the development of new fund strategies, as well as the future plans for the company. Watch the interview and read the article here.
Hilbert Group CEO Barnali Biswal was recently featured in Noterat podcast. The conversation ranged from her background in traditional and digital asset markets as well as the exciting future for Hilbert Group. Listen to the full episode here.
Today, Hilbert Group CEO Barnali Biswal held an open webinar to talk about the Q4 2024 financial report and 2025 outlook for Hilbert Group. You can watch the recording of the presentation here.
Hilbert Group founder Niclas Sandström recently appeared on the 10x podcast to speak about Hilbert Group, Crypto and more. Watch the episode here.
Hilbert Group AB (Nasdaq: HILB B) wishes to highlight the key structural terms of its recently announced USD 10 million convertible bond transaction with Helena Partners Inc (“Helena”) emphasizing the shareholder-aligned protections and partnership-focused structure of the financing. First $5 Million of Upfront Capital Closed with Built-In Shareholder ProtectionsHilbert has secured USD 5 million in…
The Board of Directors of Hilbert Group AB (publ) ("Hilbert" or the "Company") has resolved, as authorised by the general meeting, on directed issues of convertible notes, warrants and B-shares to Helena Global Investment Opportunities 1 Ltd ("Helena Partners"). The issues are carried out pursuant to the strategic financing agreement that the Company entered with…
Hilbert Group AB (Nasdaq: HILB B), a Nasdaq-listed investment firm bridging traditional and digital finance, today announced that its Chief Investment Officer and major shareholder, Russell Thompson, has informed the Board of his intention to significantly increase his ownership in the company through open-market share purchases totalling approximately SEK 25 million between now and December…
Hilbert Group AB (Nasdaq: HILB B), a Nasdaq First North-listed investment firm bridging traditional and digital finance, announces that it has entered into a strategic financing agreement with Helena Partners (“Helena”), a Cayman Islands–based investment firm specializing in structured credit, special situations, and Private Investments in Public Equity (PIPEs). The partnership provides Hilbert with a…
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…