Digital Assets Report

Latest News

Elian has strengthened its recently launched commercial team with two senior appointments. Lisa Mclauchlan has been appointed business development and marketing director, and Mari Hietala-David (pictured, with Mclauchlan) has been appointed to oversee marketing and business development for private equity and real estate funds.   Both positions are in Elian’s commercial team, which is responsible for the continual development of new products, and driving business growth and market share, whilst maintaining high levels of client service across the globe.   As part of the newly created role, Mclauchlan will oversee all marketing and business development activity across Elian’s service lines
Dynasty Financial Partners has teamed with iCapital Network to launch the Dynasty Select platform of alternative asset managers. Dynasty will now offer access to private equity funds, hedge funds and direct investments together with institutional-quality research and diligence, leveraging iCapital’s technology to provide end-to-end automated transactional support for financial advisors and their clients.   Dynasty Select also provides for turn-key processing and administrative solutions for the RIAs and dually-registered advisors who have curated their own roster of alternative managers.   Key features of the platform, which will be accessible through the Dynasty Desktop, include access to top private equity, hedge,
The European Energy Exchange (EEX) has registered a new annual record on its dairy futures market in 2015 with a total volume of 29,380 tonnes – 5,876 contracts – traded in this sector throughout the year. This surpasses the previous maximum recorded in 2014 which totalled 26,385 tonnes (which corresponded to 5,277 contracts).   This represents a year on year increase of 11 per cent, which in turn sets a new record as the highest annual volume for dairy product risk management instruments that are traded on any exchange in Europe. EEX has offered trading in agricultural futures since 11
The number of Jersey-registered alternative fund managers marketing into Europe through national private placement regimes (NPPRs) under the EU Alternative Investment Fund Managers Directive (AIFMD) rose significantly again over the final six months of 2015. That’s according to new figures from the Jersey Financial Services Commission (JFSC) which show that as at December 2015, 104 alternative fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs, up 24 per cent compared to June last year. Over the same period, the number of Jersey alternative funds (AIFs) being marketed into Europe through NPPR authorisation stood at 230,
First Derivatives (FD), a provider of software and consulting services, has acquired the entire issued share capital of QuantumKDB in a deal worth up to up to GBP2.2 million. The acquisition provides the Group with complementary consultancy expertise to support the growth of its Kx business and is expected to be earnings enhancing in the first full year following acquisition.       Quantum was founded in 2011 by its CEO Kieran Lucid and provides Kx consulting in the UK, US and Hong Kong. The majority of its clients operate in capital markets and the acquisition will strengthen the Group’s relationship with
The Pittsburgh office of global law firm K&L Gates has appointed Brian Vargo and Michelle Repp as partners in the firm’s investment management, hedge funds and alternative investments and corporate/M&A practices, respectively. Vargo joins the firm from Dechert LLP, while Repp returns to K&L Gates from II-VI Incorporated, where she served as Corporate Counsel and Director of Legal Affairs.   Vargo advises investment management firms and private and registered funds on matters relating to organisation, governance, and operations, including compliance with securities and commodities laws and regulations. A founding member, officer, and former chairman of the board of the Mid-Atlantic Hedge Fund
Societe Generale Prime Services has created the new SG CTA Mutual Fund Index, a performance benchmark for 1940 Act US registered mutual funds that pursue managed futures strategies. The new CTA Mutual Fund Index is the fourth daily index designed and calculated by Societe Generale, joining the SG CTA Index, the SG Trend Index, and the SG Short-Term Traders Index in teh company’s offering. The Prime Services daily indices are an industry leading suite of performance benchmarks, based on the largest CTA programs. The indices calculate the daily rate of return for an equally weighted group of the largest CTAs
Markit is to acquire the position reconciliation technology assets of DTCC Loan/SERV (Loan/SERV), a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Nearly 400 asset managers representing approximately 6,000 funds in the global syndicated loan market use the Loan/SERV Loan Position Reconcilement Service to reconcile over one million positions with the records maintained by administrative agent banks.   Scott Kostyra (pictured), managing director and head of Loan Settlement in Markit’s Processing division, says: “Adding position reconciliation is an important step for our loan franchise as we integrate Loan/SERV's position reconciliation service into our Markit Clear loan inventory platform and
Athena Systems has launched Spark, a new cloud-­based platform to help new hedge fund launches meet current and emerging DDQ requirements necessary to compete for assets with more established funds. The pricing model of the platform is tied to a fund’s AUM and is designed to make implementing Spark an affordable an realistic option for funds at launch.   Standard features of the new platform include: pricing and security data; position, P&L, trade, compliance, risk, cash, recon, accounting (limited), etc; electronic trading with pre­certified broker/EMS connections; coverage of global equity, CFDs, options, FX, forwards, futures and vanilla FI; and SSAE­16
Neuberger Berman has acquired an investment team that manages collateralised index-based options portfolios that seek to capture global volatility premiums, from Horizon Kinetics. The team’s investment track records, proprietary research and client assets have also transferred to Neuberger Berman.   Neuberger Berman’s new options investment team is overseen by Doug Kramer, who joined the firm in November 2015 as Co-Head of Quantitative & Multi-Asset Class Investments (working alongside current Multi-Asset Class Chief Investment Officer Erik Knutzen). Derek Devens also joins Neuberger Berman from Horizon Kinetics as a Managing Director and senior portfolio manager along with research analysts, Rory Ewing and

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings