OTCX, an over-the-counter derivatives platform, has secured backing from the Angel CoFund as part of its latest funding round. The Angel CoFund is a GBP100 million investment fund, supported by the British Business Bank, with objectives to back promising UK businesses and help develop the important business angel
BlueMountain Capital Management (BlueMountain), a diversified alternative asset manager, has appointed Claudio Macchetto as Head of Platform Distribution, a newly created position at the firm, effective 10 July.

 In the role, Macchetto will be responsible for the marketing of BlueMountain’s
EEX Group’s European Spot Markets increased by 9 per cent to 53.8 TWh in October 2020 with the EPEX SPOT Intraday Market the main growth driver recording an increase of 20 per cent to 10.3 TWh, a new record.A total
Hedge Funds gained 0.37 per cent in June according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index has risen every month this year, as well as in 11 of the past 12 months, and is up 4.41
Ebury, a fintech focused on corporate global transaction services, has opened its first office outside of Europe in Toronto Canada, which will be led by Matthew Acton-Davis as Country Manager. This first Canadian office has been set up to support
The European Fund and Asset Management Association (EFAMA) and the International Capital Market Association’s (ICMA) Asset Management and Investors Council (AMIC) have published a joint paper analysing how and why leverage is used in investment funds in Europe, how firms
Beeks Group has launched Beeks Analytics as a Service, a new network monitoring and trade analytics tool. Beeks Analytics as a Service is a cloud-neutral monitoring solution for the financial markets and uses Velocimetrics technology to provide financial clients with the
Alternative investment manager LCM Partners has acquired a UK portfolio of mainly unsecured assets totalling GBP1.75 billion. It is a secondary portfolio of loans originated by prime lenders and is purchased with a fifteen year track record. “This is a seasoned
The hedge fund industry continued its recent run of consistent gains in June, returning 0.57 per cent for the month, according to the latest figures released by Preqin. This is the eighth consecutive month of positive performance for the industry,
Manifold Partners is to become the first firm to offer its equity strategies to investors through Kettera Strategies’ Hydra, a managed account marketplace for macro, commodities and liquid equity hedge fund strategies. Manifold Partners is an investment firm specialising in
