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Imagine Software, a provider of front-to-back office risk and portfolio management to asset managers, investment banks, prime brokers, hedge funds, and institutional investors, has been voted Best North American Risk Management Software Provider in the 2016 Hedgeweek USA Awards. Winners were based on a peer review system where the publication's readers – including institutional investors, wealth managers and fund managers – vote for the provider they feel is best in class.   "We are honoured that Hedgeweek's readers felt so strongly about our technology – which is designed with adaptability and ease of use for the end user in mind,"
Harvest Global Investments (HGI) has appointed Ashley Dale as chief business development officer and chief marketing officer. Based in Hong Kong and reporting to James Sun, CEO, he heads the marketing and overall business development for Asia, North & South America, Europe and the Middle East for one of Asia's largest investment managers.   In this role, Dale (pictured) is responsible for developing business for international clients looking to invest in China and Asia as a whole, as well as cooperating with Mainland Chinese financial institutions wishing to allocate capital globally, including in the UK and Europe.   He also
After a solid performance in July, the UCITS HFS Index has continued its recovery with a gain of 0.12 per cent in August 2016. The broad index started positively into the month with a performance of 0.12 per cent in week one.   The second week saw the UCITS HFS Index rise 0.25 per cent, before the momentum shifted in the second half of the month. Week three caused a decline of 0.25 per cent, while the last one-and-a-half weeks of trading added a further loss 0.02 per cent.   Of all funds tracked 63.09 per cent reported gains in
Corporate credit specialist Muzinich & Co has appointed three analysts, including financials and Asia sector specialists, as it expands its expertise across the credit spectrum. Craig Guttenplan, who will be based in Muzinich’s New York office, joins from Rogge Global Partners, where he was responsible for financial sector investment grade and high yield debt.   Tracy Zhao, who previously worked for Aozora Asia Pacific Finance, has joined as a credit analyst on Muzinich’s Asia investment team. She is based in London.   Global high yield specialist Kashif Riaz has joined from Baring Asset Management, where he covered a range of
PEGAS, the pan-European gas trading platform operated by Powernext, is to enable 24/7 trading for its spot spread contracts as of 22 September 2016. The availability of spread products on a continuous basis completes the range of PEGAS spot contracts.   PEGAS currently offers location spread products between its Belgian, Dutch, French, German, Italian and UK market areas. All spread products will be tradeable 24/7 from then on, with the exception of ZEE/NBP.    A total volume of 15.9 TWh was traded for all spot spread contracts during the first half of 2016, which represents a growth of 11 per
London-based alternative manager Selwood Asset Management is marking its first anniversary since launch and has had an increase in assets to USD350 million.  Selwood AM is focused on liquid Investment Grade Credit in Europe and North America.  The strategy aims to maintain a market neutral profile while embedding tail hedge features against extreme market scenarios. The firm was founded in 2015 by credit specialist Sofiane Gharred, and in January 2016 Selwood brought in Malcolm Butler (ex-Citi and COMAC Capital) to build out the business.   Now Sofiane Gharred and Malcolm Butler head-up a team of 11 professionals, bringing with them
In the first of a five-part series, SEI discusses the impact of five disruptive technologies and how they can be applied to the financial industry. The first of these five trends relates to IBM Watson, and the power of cognitive computing.  Cognitive computing and machine learning capabilities are becoming so great that even Elon Musk has raised concerns.  Speaking recently at Recode’s Code Conference, he said: “I don’t know a lot of people who love the idea of living under a despot,” the inference being that self-awareness super-computers could become a malign force; think creepy-voiced HAL9000 in the seminal movie,
As Project Sentinel completes the first round of assessments of potential technology partners, the initiative has seen an increase in consortium numbers from the original four to seven banks to eight to 10 in the current phase.  The initiative to mutualise the cost of MiFID II implementation in the OTC front office is now moving forward with its plans to create a best-of-breed technology solution in collaboration with its short-listed vendors, which include software development houses as well as off-the-shelf suppliers.   The process started with a long list of 40 vendors, which has now been whittled down to two potential solutions.
Artivest, a tech-driven investment platform providing access to alternative investments, has appointed Jon Feigelson as general counsel and chief compliance officer. Feigelson joins from TIAA, where he most recently served as senior managing director, general counsel, head of regulatory affairs, and director of corporate governance.   At Artivest, Feigelson will be responsible for providing strategic, regulatory, and transactional legal counsel across the firm's alternative investment offerings.   Feigelson brings over 20 years of legal, compliance, and governance experience in the financial services industry to Artivest. Prior to TIAA, Feigelson served as managing director and general counsel for ABN AMBRO Bank's
Wedbush Securities’ prime brokerage team has been voted "Best North American Hedge Fund Research Provider" at the Hedgeweek USA Awards 2016. The annual awards ceremony, which took place in New York, recognises excellence among service providers and hedge fund managers globally, and acknowledges distinction in over 50 award categories.   The awards are determined by a "peer review system," where industry professionals, including managers at fund administrators, institutional and high net-worth investors, prime brokers, and advisers, elect a "best-in-class" in a series of categories (http://www.hedgeweek.com/awards).   "We are honoured and greatly appreciate the recognition we have received from Hedgeweek USA,"

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