Document Security Systems, Inc. (NYSEAMERICAN: DSS) has made official its plans to expand DSS Securities, Inc. The business expansion will occur through the company’s wholly-owned subsidiary DSS Financial Management Inc.’s Liquid Value Asset Management Limited (LVAM) launch, a fund management company based in Hong Kong.
The fund will focus on algorithmic trading of liquid equities, among others
Wilson Lee, who served as former co-head of Societe Generale’s equity derivatives in Asia, and Jackson Kwan, a former portfolio manager at Citadel in Chicago, joined hands with Document Security Systems, Inc. to launch the Liquid Value Asset Management Limited (LVAM). Algorithmic trading of liquid equities, futures, exchange-traded funds and cryptocurrencies will focus on the LVAM fund.
A team of dedicated and experienced team will work for LVAM
Lee and Kwan will work with a team of eight experienced and dedicated professionals, who have to their credit delivered annual returns of 20% per annum, besides having a Sharpe ratio over 2.0 in real-time trading. The team members have the skills and are experienced in developing both custom software and have privately-developed algorithms.
“We are excited to work with Wilson and Jackson as we further expand the financial segment of our increasingly diverse operations,” stated Frank D. Heuszel, CEO of Document Security Systems, Inc. “I am confident that under LVAM this team can rapidly expand trading and grow assets under management to more than $1 billion,” he added.
LVAM’s algorithmic trading can liquidate the portfolio into cash within 10 minutes under normal market conditions
Under stable market conditions, LVAM’s algorithmic trading can liquidate the portfolio into cash within 10 minutes. Algorithmic trading includes both short- and long-term trades. Armed with a team of experts and its algorithmic trading, LVAM is optimistic about working with private and institutional investors who have a thirst for a highly liquid investment fund with desirable risk-adjusted returns relative to the volatility and unpredictability of the markets.
Multinational corporate house Document Security Systems, Inc. is doing business in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets.