Latest News
Alternative asset manager P Schoenfeld Asset Management (PSAM) has purchased a minority stake in CdR Capital, a UK and Geneva headquartered private investment office.
The stake allows PSAM, which employs a research based fundamental investment approach that spans many business cycles, to capitalise on CdR Capital’s asset allocation expertise as well as the skills of its quantitative investment teams.
With this transaction, the event-driven specialist will be more responsive to the needs of its global clients. As part of the agreement, PSAM and CdR Capital will be collaborating on joint ventures and building out bespoke client solutions.
“We
- 27/06/2017
- 27/06/2017
Waymark Tech, a provider of regulatory intelligence software, has launched a new AI-powered tool that automatically identifies regulatory crossovers and conflicts between incoming regulations, such as MiFID II, GDPR, and PRIIPS.
Accessible immediately from within Waymark’s Wayfinder product, the real-time tool identifies which regulations apply to a company and then finds common areas and conflicts across other regulatory packages. This allows compliance officers to streamline implementation procedures, reduce risk and lower costs dramatically.
For example, the tool can flag up that both MiFID II and PRIIPs will require fund managers to give retail investors and professional investment advisors suitable
- 27/06/2017
The Depository Trust & Clearing Corporation (DTCC), a premier post-trade market infrastructure for the global financial services industry, is celebrating the 20th anniversary of its Insurance & Retirement Services (I&RS).
Prior to I&RS, insurance carriers and distributors were forced to manage time-consuming manual processes on their own, often maintaining proprietary lines for each of their trading partners. Today, the industry can entrust this work to I&RS and refocus on their business.
Launched in 1997, and offered by DTCC’s National Securities Clearing Corporation (NSCC) subsidiary, I&RS began with four members and the first fully centralised platform through which insurers could
- 27/06/2017
Eze Castle Integration has launched the Eze Hybrid Cloud, a complete multi-cloud solution combining the Eze Private Cloud with Microsoft Cloud services to deliver a secure and flexible, fully managed environment.
The Eze Hybrid Cloud innovation was born of Eze Castle Integration’s years of private cloud experience, deep Microsoft partnership and award-winning service organisation. Eze Hybrid Cloud draws layers of security and resiliency from the Eze Private Cloud, applications from the Microsoft Cloud and 24x7x365 expert support from the Eze global service team.
“Eze Castle Integration recognises that clients across the financial sector have different risk profiles, application requirements
- 27/06/2017
- 27/06/2017
Joe Oliver (pictured), has stepped down from LOGiQ Asset Management’s Board of Directors to assume a new role as Chairman of Echelon Wealth Partners, an independent investment dealer.
Oliver served on the LOGiQ Board of Directors since April 2017.
“On behalf of the other members of the Board of Directors, we sincerely thank Mr Oliver for his commitment and service to the Company,” says LOGiQ Chair of the Board, Dr Eldon Smith.
LOGiQ President and Chief Executive Officer, Joe Canavan, adds: “We wish Mr Oliver well in his new role at Echelon Wealth Partners, which necessitated his departure
- 27/06/2017
The Guernsey funds sector enjoyed its largest growth in four years during the first quarter of 2017.
The latest figures from the Guernsey Financial Services Commission show that the net asset value of funds under management and administration in the island grew by GBP10.6 billion (4.1 per cent) over the quarter – the highest margin of growth since the first quarter of 2013, when funds grew by GBP19.7 billion. From the end of March 2016, total net asset values increased by GBP28.6 billion (12 per cent).
The statistics also build on six straight previous quarters of growth to take the
- 26/06/2017
Mobile trading app Trade Interceptor has launched live FX trading. The apps’ global user base will benefit from full front-to-back functionality of the app, right from account creation, charting and analysis to placing trades and funding & withdrawals.
The live trading feature, which is powered by ThinkMarkets, a leading multi-asset broker dealer, offers users some of the best trading conditions in the market. ThinkMarkets, and now Trade Interceptor users, can benefit from ThinkMarkets global infrastructure, pricing and liquidity.
Trade Interceptor is a leading mobile app that offers FX and CFD traders one of the largest, in-depth and most sophisticated
- 26/06/2017
Nomura Asset Management (NAM) and Nomura Research Institute have conducted a proof of concept (PoC) study to examine natural language processing utilising Artificial Intelligence (AI).
The objective of the PoC was to assess whether analysis with AI would contribute to increased accuracy of portfolio managers’ investment decision-making. Portfolio managers at asset management firms usually have to process and analyse a large amount of information which includes not only analyst reports, but also a flood of various news sources, industry blogs and social media, such as Twitter®, to make forecasts and determine the impact on stock prices.
NAM and NRI
- 26/06/2017
Pictet Alternative Advisors (PAA), Pictet Group’s wholly-owned alternative investment company, has appointed Heinrich Merz (pictured), as head of Hedge Funds, effective 1 June 2017.
Merz will lead PAA’s team of 14 hedge fund experts managing EUR 9.1 billion of assets in single and multi-manager hedge fund strategies. He will report to Nicolas Campiche, CEO of PAA.
Heinrich Merz has 12 years’ experience in the alternative investments industry. In his most recent role he was Chief Investment Officer (CIO) at Amundi Alternative Investments, overseeing more than EUR5.6 billion in alternative assets for institutional clients. Previously, he worked for Permal Investment
- 26/06/2017
The first half of the year has seen a sharp divergence in returns between Event Driven and Global Macro strategies. These dynamics were also at play last week and so far this month, with Event-Driven extending gains and Macro funds underperforming. Interestingly, the the very same configuration occurred as of end-June 2016.
That’s according to the latest Weekly Brief from Lyxor’s Cross Asset Research Team which points out that Global Macro funds were impacted negatively last week by the sharp fall in oil prices and the fall in US and UK Treasury yields. They have maintained long positions on energy
- 26/06/2017
- 26/06/2017
Special Reports
FeatureD
- Intel
- April 26, 2024
- Intel
- April 25, 2024
- Intel
- April 24, 2024
- Intel
- April 23, 2024
- Intel
- April 22, 2024
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
