The implementation of ESG metrics for regulated funds under the EU’s sustainability-focused SFDR framework remains a “work in progress” for many hedge funds and other asset managers, according to fund structuring and governance service provider Waystone.
‘Full steam ahead’: How fund managers can best prepare for “transformational” middle office outsourcing
A new in-depth white paper by SEI sets out how the fund management industry can best address the often complex and challenging process of middle office outsourcing, particularly in the rapidly-altered Covid-19 working environment.
The Covid-19 pandemic is opening up a deeper discussion around more business functions becoming permanently outsourced, particularly among start-up and emerging hedge funds battling against budgetary constraints.
Tourmaline Partners, an outsourced trading solutions firm, has appointed industry experts David Toy and Chris Arkin as senior traders.
The concept of outsourced trading is not new to hedge funds, but its relevance has arguably come to the fore over the last 12 months as managers of all shapes and sizes seek out ways to run their businesses as cost-effectively as possible.
By Chris Zellner, Co-Founder, COO and CCO, Asymmetry Capital Management – Asymmetry Capital Management is a diversified equity long/short healthcare fund located in San Francisco. We launched the fund in January 2013. We launched the Fund in an infrastructure partnership with a boutique asset manager, which enabled us to use their trading desk. In September 2015, as they were being sold to another firm, we took the decision to spin out on our own. Doing so meant we needed to replicate the infrastructure partnership we had enjoyed.
Magnetic attraction: Why Cowen’s outsourced trading solution continues to attract a wide range of fund managers.
The concept of outsourced trading is not new to hedge funds, but its relevance has arguably come to the fore in recent years as managers of all shapes and sizes seek out ways to run their businesses as cost-effectively as possible, in response to ongoing fee pressure.
Apex Group has launched an Outsourced Special Purpose Acquisition Company (SPAC) Chief Operating Officer Solution via subsidiary Throgmorton US.
Cowen Outsourced Trading: Best Outsourced Trading Solution Provider – The past year has witnessed a growing acceptance of outsourced trading as a credible alternative solution by investment managers. As a result of the global pandemic, larger players acknowledged that working with traders remotely works well, which in turn opened the door to the outsourced solution.
Charles Square (CSq) an IT outsourcing company specialising in the Financial Industry, is investing into its senior management team with the appointment of Siv Sivasamy as New Business Director.