Separately Managed Accounts
Bespoke digital-asset mandates for professional investors, under discretionary management.
Cypher Separately Managed Accounts give institutions, family offices and private investors access to bespoke, actively managed digital-asset strategies. Each mandate is structured to the client’s objectives, and the client keeps full custody and legal ownership of every asset.
Client custody with discretionary management
Each SMA is set up on three principles covering custody, strategy and reporting. They apply across every mandate, whatever the client’s objectives or risk profile.
Asset Safety
Assets stay segregated in the client’s name, with Cypher Capital granted discretionary trading authority.
Bespoke Strategies
An investment policy written for one client and negotiated individually.
Transparency & Control
Full visibility into holdings, positions and performance, at all times.
Individually negotiated mandates
Each mandate is shaped around the client’s objectives, risk tolerance and liquidity needs, then managed actively within those limits.
- 01
Defined Together
Objectives, risk parameters and liquidity terms are agreed up front and set out in a binding investment management agreement.
- 02
Actively Managed
Cypher Capital manages the account with discretionary trading authority, within the limits the mandate sets.
- 03
Reported Regularly
Regular portfolio reporting, alongside direct visibility of the account between reports.
Segregated accounts under one risk framework
Each SMA belongs to a single client. Positions, terms and reporting are the client’s own, under the same institutional risk framework Cypher Capital applies to its principal capital.