LPA, a global capital markets software provider and advisory firm, has launched Contract Navigator, a new platform designed to fully automate and digitalise all content, agreements and processes for financial markets. The platform is asset class agnostic and functions across
Tikehau Capital, a global alternative asset management group, has appointed Sir Peter Westmacott as its UK Chairman. The appointment follows another strong year of activity for Tikehau Capital in the UK, in both capital deployment and in fundraising activities with local
Storebrand Asset Management, a specialist in sustainable investments, has adopted Bloomberg’s cloud-based data science research platform, BQuant Enterprise, enabling multiple desks across the business, including fixed income, ESG and equities to create, test and further integrate actionable data/models into their
Tokeny, a Luxembourg-based tokenisation platform, has parthereadw with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute tokenised assets over the Ownera FinP2P network. The digital securities industry is growing fast but has lacked
MJ Hudson, a solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset
Millennium, the hedge fund firm founded by billionaire investor Izzy Englander, has appointed Olga Naumovich to the newly-created position of head of technology for Miami as it looks to build out its tech team in Florida, according to a report
Jana Partners has acquired a stake of almost 10 per cent in pet food company Freshpet and has plans for a raft of changes at the business designed to increases it stock price ahead of a potential sale, according to
New York-based hedge fund giant DE Shaw & Co is to release its Midtown headquarters to the far west side of Manhattan having signed a lease for 283,000 sq ft (26,292 sq m) at Two Manhattan West, according to a
Performance of hedge funds administered by the Citco group of companies (Citco) dipped marginally in August, with an average weighted return of -0.6%, down from 3% in July. All strategies – bar Equities and Multi-Strategy – saw positive returns, with
The SS&C GlobeOp Forward Redemption Indicator for September 2022 measured 2.67%, up from 2.35% in August. “SS&C GlobeOp’s Forward Redemption Indicator for September 2022 of 2.67% reflects a favourable level of redemption notices compared to historical norms for September, though
