Latest News
Options, a provider of cloud-enabled managed services to the global capital markets, has completed a platform migration for quantitative trading hedge fund Systematica Investments.
The project involved the extensive rollout of a fully managed infrastructure and trading platform across all of the firm’s European, Asian and North American operations.
Jersey-based Systematica, the quant hedge fund founded by Leda Braga in January 2015, uses science and technology as the driving force of its investment business. When the firm announced plans to replace its legacy infrastructure, it needed a strategic partner with the capabilities and scope to support ambitious trading platform innovations.
- 08/12/2016
The US Commodity Futures Trading Commission’s (CFTC) division of market oversight has issued the results of a rule enforcement review of ICE Futures US.
The review, which covered a one-year target period, evaluated the Exchange’s compliance with elements of Designated Contract Market Core Principles 2 (Compliance With Rules) and 12 (Protection of Markets and Market Participants).
The division found that ICE has an adequate trade practice surveillance programme, subject to three recommendations and one deficiency.
The division made recommendations concerning the exchange’s proactive reviews for trade practice violations (trade practice reviews), its automated trade surveillance system, and trade
- 08/12/2016
The third edition of the Yale School of Management (SOM)-EDHEC-Risk Institute Executive Seminar series will be commencing in January 2017. A series of seminars focused on Advanced Risk and Investment Management, with a program designed by Lionel Martellini, Professor of Finance, EDHEC Business School and Director of EDHEC-Risk Institute and Will Goetzmann, Edwin J Beinecke Professor of Finance and Management Studies, Director of the International Center for Finance, Yale School of Management, will be held in New Haven and London.
For further details of the programme, including seminar dates and how to sign up to participate, please click here.
- 08/12/2016
The valuation of European stock markets is proving less attractive than previously, notably because of higher long term government bond rates, according to Renaud Froissart, manager of the Quaero European Long Short Equity Fund.
The fund returned minus 2.7 per cent in October 2016 versus minus 1.0 per cent for the HFRX Equity Hedge EUR Index, but since inception on 20 February 2014, the fund is +5.7 per cent versus -5.5 per cent for the HFRX Equity Hedge EUR index.
Through October, the net investment rate was +60 per cent (comprised of 80 per cent long individual stocks and
- 08/12/2016
SYZ Asset Management, the international asset management arm of the SYZ Group, has opened an office in Munich, strengthening its presence in Germany and its ability to provide services into Austria.
The new office opening follows on from the opening of an Italian office branch in Milan and several hiring and specific product launches.
A branch of the London headquarters of SYZ Asset Management (Europe) Ltd, the Munich office can offer a focused range of funds from the Oyster Luxembourg SICAV, as well as discretionary mandates for institutional clients. The sales’ activity is led by Michael Kenichi Schlieper as
- 08/12/2016
- 08/12/2016
Exchange turnover in investment products and leverage products fell on Europe’s financial markets in the third quarter of 2016.
Compared with the second quarter of the year, the volume dropped by 9.0 per cent to EUR25.4 billion.
This represented a 26 per cent decrease year on year, according to analysis by Derivative Partners of the latest market data collected by the European Structured Investment Products Association (EUSIPA) from its members.
The third quarter turnover in investment products trading on European exchanges amounted to EUR9.2 billion. This represented a 36.2 per cent share of total transaction volume. Exchange turnover was on a par with the previous quarter’s level and up 3.0 per cent on the figure recorded a year earlier.
Turnover in the leverage products segment (warrants, knock-out warrants, factor certificates etc.) came to EUR16.2 billion in the period
- 08/12/2016
Using automated voice surveillance systems and surveillance techniques involving Natural Language Processing are among the emerging practices being used to combat the risk of insider dealing and market manipulation, according to new guidelines from the FICC Markets Standards Board (FMSB).
The practices are highlighted in a new FMSB paper or “Statement of Good Practice” on surveillance, which sets out the core principles that firms should consider and also identifies current good practice for surveillance in the foreign exchange markets.
In a separate Statement of Good Practice on conduct training in wholesale fixed income markets, the FMSB recommends that senior
- 08/12/2016
StatPro Group’s recently acquired cloud-based risk analytics system Investor Analytics has been re-named StatPro Revolution Alpha, as the integration within the Revolution platform takes shape.
New York based Investor Analytics was acquired by StatPro Group in January 2016. The addition has brought new analytics and risk models to StatPro’s global client base, including custom factor modelling capabilities.
Market data integration progress means Revolution Alpha is already using StatPro’s centralised global equity data for all analyses. Progress continues with the Revolution Global Data project that will permit Revolution Alpha to natively accept holdings data from the Revolution platform, which is
- 08/12/2016
Daniel Melley has joined Putnam Investments in a newly created senior position responsible for the firm's efforts serving institutional clients and investors in Europe, the Middle East and Africa (EMEA).
Based in London, Melley (pictured) will report directly to Jeffrey L Gould, head of Putnam Global Institutional Management.
"In the coming years, we expect to see an ongoing evolution of the institutional marketplace within Europe, the Middle East and Africa, presenting its own unique set of opportunities," says Gould. "As the region continues to seek an array of innovative strategies, leading investment thought leadership and an unyielding commitment to
- 08/12/2016
Eaton Partners, a placement agents and advisory firm for private fund sponsors, has formed a distinct team that will work with and raise capital for unique private credit strategies globally.
Targeted strategies include asset-backed and direct corporate lending, distressed debt, real estate credit, and other specialty credit.
The team will primarily focus on representing credit managers located in the US, Europe and Asia.
“Recent regulatory hurdles have led to a secular retrenchment from banks in the commercial lending arena, and as a result, we’ve seen that opportunities for private credit managers are greater than ever,” says Jeff Davis
- 08/12/2016
Special Reports
FeatureD
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
- Intel
- April 11, 2024
- Intel
- April 10, 2024
