Digital Assets Report

Latest News

Betty Tay, Managing Director and Head of the External Managers Department at GIC, Singapore’s Sovereign Wealth Fund, has joined the board of the Hedge Fund Standards Board (HFSB), the global standard-setting body for the hedge fund industry. In addition, the HFSB has established an Asia-Pacific (APAC) Committee which will include: APAC-based HFSB Trustees Betty Tay of GIC, Chris Gradel of PAG and David George of Future Fund; and senior APAC-based industry executives Richard Johnston of Albourne Partners and Ted Lee of Canada Pension Plan Investment Board (CPPIB). Additional hedge fund manager representatives will be announced in due course.   The
TH Data Capital formally has launched an alternative to the traditional financial research model, using big data expertise and a deep understanding of financial markets to provide advanced predictions of business performance in China.  TH Data Capital is the first, and only, company that offers big data analytics expertise coupled with an analyst-driven approach. This differs significantly from IT driven research firms that look at reams of data, but lack the skills to interpret it correctly to make it actionable.   Reliable business intelligence on China is hard to find, but it has become tremendously significant to any consumer-oriented company
Offshore law firm Carey Olsen has announced six new partners bringing the total number of partners across its seven offices to 49.  The new partners are Annette Alexander from the Guernsey corporate practice, Kate Andrews and James Willmott from the Jersey corporate practice, Keith Dixon and Alexa Saunders from the Jersey trusts and private wealth practice and Jeremy Garrood from the Jersey litigation practice.  Carey Olsen chairman, John Kelleher (pictured), says: “Our new partners have earned their place through their exceptional technical knowledge and dedication to client service. They join the partner group at a very exciting time for Carey
The Lyxor Hedge Fund Index was up 0.84 in May, with six out of 10 Lyxor indices ending the month with a positive performance. The more directional strategies had the best returns. Event-Driven Strategies led the pack, as they benefited from an acceleration of M&A activity and the completion of large merger deals. Special Situations (+2.5%) outperformed Merger Arbitrage (+1.4%). Global Macro managers are back in the green thanks to the strengthening US dollar and their fixed income portfolio. “The performance of Event-Driven strategies picked up in May after having experienced difficult quarters,” says Philippe Ferreira (pictured), senior cross-asset strategist
AlphaCore Capital, a La Jolla, CA based investment advisor has seen increased demand for alternative allocations from independent advisors.  The firm has expanded their team and hired Senior Investment Advisor Brett Upper to assist independent advisors navigate the changing alternative investment universe. While demand for alternative investments from advisors has increased, so has the need for expertise in this widely dispersed investment space. AlphaCore works with advisors and investors to integrate alternative investments as a core allocation in tandem with traditional investments. Upper strongly believes that the demand for alternative investments from advisors underscores the positive effect of alternatives in
Hedge fund manager Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives.  Based in Paris, Exane is an independent investment firm with three main lines of business (Brokerage in Cash Equities, Derivatives, and Asset Management), which services a diversified European and global client base.     Benoît Catherine, Deputy CEO, says: “We have selected SimCorp Dimension for its extensive functional scope, especially in the derivatives area, as well as its proven ability to automate middle and back-office processes. The implementation of SimCorp Dimension will enable us to scale for growth and to serve
Tony Morrongiello will be stepping down from his role as CEO fund of hedge funds ALTIN, with Claudia Habermacher named as his replacement after shareholders accepted a raft of proposals from by Alpine Select AG and Absolute Invest AGplacement.  Furthermore, the Board of Directors has decided to postpone the intended delisting of ALTIN shares from the London Stock Exchange to the end of September 2016. Other proposals accepted by shareholders at an extraordinary general meeting (EGM) on Tuesday include a reduction of ALTIN AG’s share capital from CHF58,645,002 (divided into 3,449,706 registered shares with a nominal value of CHF17 each)
The SS&C GlobeOp Forward Redemption Indicator for June 2016 measured 4.88 per cent, up from 4.38 per cent in May. “SS&C GlobeOp’s Forward Redemption Indicator for June 2016 came in at 4.88 per cent, up slightly compared to the 4.72 per cent reported a year ago for June of 2015,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This relatively flat comparison is in line with other data we have seen in the first half of this year which is indicating stability in overall hedge fund allocations.”   The SS&C GlobeOp Forward Redemption Indicator represents the sum
SR Labs, a specialist in trading and market data technology, is tol operate under the new name of Vela Trading Technologies (Vela). Vela’s mission will continue to focus on creating and providing leading edge financial technology, with a strong emphasis on satisfying client requirements and global delivery. With Vela, technology and business decision makers will be able to bring efficiency and simplicity to their trading infrastructure, while also improving cost savings.   Jennifer Nayar, CEO of Vela, says: “We see Vela as a new and exciting opportunity to build on our strong heritage, pedigree and loyal client base and bring
Project Sentinel, a collaborative initiative by a group of banks to mutualise the cost of MiFID II implementation in the OTC front office, has created a normalised regulatory data model designed to help firms meet their MiFID II OTC sales and trading requirements.  This data model is the first piece of a larger puzzle to create a standardised approach for ensuring regulatory conformance for front office OTC sales and trading activities. Solving the MiFID II challenge requires a significant amount of human resources to keep pace with, understand and document the changing landscape, alongside a significant technology investment that, if

Special Reports

FeatureD

down graph

Events

16 May, 2024 – 8:30 am

Directory Listings