Quantopian, a free online platform for the education and creation of institutional-quality investment algorithms, has hired Marc Volpe as chief financial officer (CFO). Volpe has an extensive background in hedge funds, accounting, compliance, strategic planning, and risk management. "Marc
Irving H Picard, Securities Investor Protection Act (SIPA) trustee for the liquidation of Bernard L Madoff Investment Securities (BLMIS), has filed a court motion seeking approval for an allocation of recoveries to the BLMIS Customer Fund. He is also seeking
Increased protection against growing cybersecurity threats will be a top driver impact private equity firms’ IT spend in the next 12 months, according to a survey by Eze Castle Integration. The 2016 Private Equity CTO Survey, conducted in partnership with
Independent fund and corporate service provider Crestbridge has appointed Elliot Refson as a director in its Jersey office as it continues to focus on evolving its management company (ManCo) solutions. A specialist in alternative funds, Refson will join the existing
Acadian Asset Management, a USD74 billion quantitative equity investor, has launched the Acadian Sustainable Emerging Markets ex Fossil Fuel UCITS Fund. The fund is the first of its type to focus on implementing this theme across emerging markets. Anchored
Managed account platforms (MAPs) vary in size and sophistication. At one end of the spectrum, the simplest MAP provides a separate ownership structure whereby a single investor invested in a MAP is required to manage each counterparty relationship with the
Lyxor Asset Management runs one of the most well established MAPs in the hedge fund industry, having established it in 1998. It has seen a lot of hedge fund talent come and go over that time. When it comes to
Two investment teams from Allianz Investment Management (AIM), part of Allianz Group, are to join AllianzGI’s expanding global private debt platform. Alongside Sound Harbor Partners, the US private credit manager AllianzGI announced it was acquiring last week, these new teams
StatPro Group’s recently acquired cloud-based risk analytics system Investor Analytics has been re-named StatPro Revolution Alpha, as the integration within the Revolution platform takes shape. New York based Investor Analytics was acquired by StatPro Group in January 2016. The addition
Vanguard and Charles Schwab are set to exert greater influence as prime money fund investors after significant market share gains following the introduction of money market fund reforms, says Fitch Ratings. The two fund managers are likely to have greater
