Digital Assets Report

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Garraway Capital Management, the London-based asset management firm has announced that Garraway Financial Trends is now available via platform provider Nucleus Financial, the wrap platform founded in 2006 by advisers. “Garraway Financial Trends is now available on thirteen platforms and is one of the most widely available funds in the managed futures UCITS sector,” says Yannis Katsis, who spearheads Garraway’s distribution strategy in the UK. “Increasing accessibility through a number of platforms will ensure that the Fund is even more widely available to investors seeking the valuable diversification benefits that managed futures can offer,” adds Katsis. Latest performance to the
How prepared is your firm to handle the aftermath of a security incident? If you haven’t documented your firm’s safeguards, then you may find yourself in hot water. Written Information Security Plans (WISPs) are must-haves in our security-focused culture – just ask your regulators and investors. Below are some insights into the development and maintenance of WISPs.  What is a WISP?  A WISP is a formal documentation of a firm’s plans and systems put in place to protect personal information and sensitive company data. It includes both administrative and technical safeguards and identifies confidential information, where it is located, how
Hyung Kim, an experienced international equity portfolio manager and research analyst, has joined Kayne Anderson Rudnick (KAR) as portfolio manager and senior research analyst. Kim (pictured) is based in the firm’s Los Angeles office and he will report to Douglas Foreman, chief investment officer.    In this role, Kim will join Craig Thrasher in managing the KAR Emerging Market Small Cap strategy. Kim will also provide research coverage for the KAR International Small Cap strategy, managed by Thrasher and Craig Stone. Both strategies employ a rigorous bottom-up approach that emphasises deep fundamental research to identify the highest quality small cap
NEX Data is working in conjunction with NEX Markets on behalf of the Financial Futures Association of Japan (FFAJ) to produce new FX margin ratios for 170 currency pairs that are core to meeting new Japanese regulatory requirements. Launched in February 2017, the FX margin ratios support the derivatives margin calculations which Japanese retail brokers now have to provide to local authorities, following the new regulations which kicked in on 27 February 2017.   Using underlying data taken from NEX Markets’ FX Central Limit Order Book (CLOB) EBS Market as a primary source in addition to third party sources, the
ACA Compliance Group is expanding its GIPS verification and performance practice, ACA Performance Services, with the acquisition of Ashland Partners’ GIPS verification and performance practice. The transaction is expected to close in June 2017. The financial terms of the transaction have not been disclosed.   Headquartered in Jacksonville, Oregon, Ashland Partners was founded in 1992 and offers GIPS verifications and performance services, as well as traditional accounting services such as audit/tax, SOC 1, custody exams, QPAM audits, and Agreed-Upon Procedures to the investment management industry.   Over 40 employees from Ashland Partners will join ACA through this transaction. The new
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.34 per cent in April, underperforming the 0.42 per cent monthly return of the HFRX Global Hedge Fund Index. “April was a positive month for alternative strategies,” says Jason Schwarz (pictured), president of Wilshire Funds Management. “Long-biased equity strategies benefited from gains across global equity markets, with notable performance within emerging markets. Event driven and relative value strategies continued to benefit from being long credit risk, particularly within corporate bonds.”   The Wilshire Liquid Alternative Multi-Strategy Index, which includes both
Candriam Investors Group has launched a new digital long short equity strategy, designed to invest in companies benefiting from the digital evolution of the economy by tapping into the growth potential of innovative companies and shorting disrupted companies. This Digital Long Short strategy is the latest addition to Candriam’s thematic strategies which already include specialist strategies in demography, biotechnology and robotics. Thematic strategies allow investors to capitalise on long-term socio-economic trends.   The investment mandate enables the team to invest in digital champions over the long term, but also short companies which rely on legacy technology and have a negative
Trident Trust, an independent provider of corporate, trust and fund services to the financial services sector worldwide, has implemented Linedata’s transfer agency and reporting solution Mshare. Trident Trust is using Linedata Mshare and Linedata Reporting initially in Guernsey, Malta and Luxembourg as part of an ongoing programme to further enhance its fund administration offering.   With over 400 funds under its administration worldwide, these solutions are enhancing Trident Trust’s ability to operate across multiple jurisdictions and a range of diverse asset classes. The platform provides hedge fund, private equity and partnership accounting capabilities, together with an intuitive profit and loss
Axioma, a provider of enterprise market risk and portfolio management solutions, has appointed board industry veteran Mark Traudt as managing director and head of product engineering. His role will be to further Axioma’s leadership role in financial technology innovation.   Sebastian Ceria, chief executive officer of Axioma, says: “Industry-leading technology is at the heart of all that we do. Bringing on someone of Mark’s calibre speaks to our mission: delivering products and services that are transformational to our clients.”   Traudt’s (pictured) main objective will be advancing the technology of Axioma’s full suite of products in addition to driving the
Hedge fund managers are continually reviewing their relationships with fund administrators, fund custodians, prime brokers, fund auditors, fund marketers and law firms to ensure that they are getting the services they need. A quarter of all hedge fund managers surveyed by Preqin at the end of 2016 changed at least one service provider over the previous year.   Of these, 75 per cent changed one service provider, 18 per cent changed two, while 7 per cent changed three or more service providers over the year.   Managers had two leading concerns when changing service provider: cost and quality of service.

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