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New Dawn Announces the Launch of the World's First Retail Crypto Fund
[May 21, 2018]

New Dawn Announces the Launch of the World's First Retail Crypto Fund


MELBOURNE, Australia, May 22, 2018 /PRNewswire/ -- Australian-based New Dawn Fund opened their doors on 12 April to become the world's first and only cryptocurrency fund open to retail investors.

New Dawn Fund has behind it a team experienced in investments, financial services and technology, including Rick Klink, Founder and Non-executive Director of Open Markets Australia and Managing Director of Paritech and Bespoke Portfolio, Glenn Griffin, CEO at Investors Exchange, and Chris Wilson, formerly a Partner at Deloitte Australia.

Chief Investment Officers Scott Schulz (Asia) and Kevin Hugh Donnery (Europe) have 21 years' experience in financial services and fintech between them, most recently with Vestabyte and Liechtenstein-based Valinor Asset Management, respectively.

The recent rise in the number of global cryptocurrency hedge funds has been meteoric. Globally, the total number of registered cryptocurrency hedge funds at the beginning of 2017 was 37 and by the beginning of 2018, they numbered 226. This extraordinary growth was fueled by the surge in cryptocurrency prices which provided outsized returns for investment entities that normally would not see double and triple-digit returns.

The recent volatility in cryptocurrency prices left trading-focused funds struggling to makeacceptable returns. Despite such volatility, investor appetite for the crypto market continues to remain robust. Two of the largest challenges facing cryptocurrency investors is ease of access with hedge funds normally catering to wholesale and institutional investors, and portfolio management.



New Dawn is agile and responsive, with 24-hour-a-day live trading capabilities and uses sophisticated automation tools. Together with the strategic positioning of key personnel in global markets, investors will gain access to exclusive cryptocurrency opportunities.

The innovative structure of the New Dawn Fund (NDF) solves two of the biggest problems plaguing cryptocurrency investors today:


  • inclusion into the numerous return-generating avenues in the crypto field, and
  • sophisticated management of market risk, using tools normally available only to institution-focused hedge funds.

"This highly innovative investment product has been made possible by our talented team along with their deep understanding of the cryptocurrency and blockchain space", says Rob Dey, Director of the fund.

Although based in Australia, New Dawn employs a global team of top quants, analysts, and technology partners dedicated to creating tools that manage the market risks specifically inherent to the crypto field. One of its key technology partners is Haasonline, a pioneer in the algorithmic crypto trading landscape, and builder of the world's premier algorithmic trading platforms for cryptocurrencies.

For further information or to arrange a media interview, please contact Brooke Glew:

Email:          [email protected]
Phone:        +61 424 610 622

To find out more about the New Dawn Fund, visit: http://newdawn.fund

A copy of the Product Disclosure Statement can be downloaded directly at:
Part 2 PDS - New Dawn Fund
Part 1 PDS

We provide consent to media industry members to freely publish all media collateral we provide. Link to media: http://bit.ly/2JULIwR

SOURCE New Dawn


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