Funds
AcadiaSoft Inc, a provider of margin automation solutions worldwide, and risk analytics firm Quaternion Risk Management have formed a partnership to provide risk services for firms subject to initial margining requirements for non-centrally-cleared derivatives.
The initiative couples AcadiaSoft’s proven capabilities in automation with Quaternion’s extensive quantitative expertise and will enable AcadiaSoft clients to access a range of services via the secure environment of the AcadiaSoft Hub.
“Combining AcadiaSoft’s existing infrastructure with our risk analytics tools presents opportunities to create new products that will greatly benefit both the smaller players in the non-centrally-cleared market facing near-term hurdles, as well as
EEX Group significantly increased trading volumes in its biggest markets during the first six months of 2018.
On the power market, which faced significant regulatory uncertainty last year, EEX Group was again able to increase volumes. Furthermore the Natural Gas and Emission Allowance markets also achieved significant gains. In addition, EEX Group launched further measures in the smaller market segments for Agricultural products and Global Commodities with a view to strengthening its global position.
Peter Reitz (pictured), CEO of EEX, says: “These results clearly show that we have successfully dealt with the challenges of 2017 demonstrating that we are
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 140.7 TWh in July 2018 (July 2017: 150.3 TWh), including 894,000 MWh traded on its Options segment.
The overall spot volume climbed by 55 per cent over the previous year, following, among others, a sharp increase in gas-for-power demand mainly caused by a resilient heatwave over Europe.
Spot trading volumes in July reached 84.2 TWh, up 55 per cent over the previous year (54.2 TWh). The Dutch TTF market area registered more than a two-fold increase with 29.2 TWh (July 2017: 13.2 TWh). The German
IBV Capital’s IBV Capital Global Value Canadian Feeder Fund is now available on the Royal Bank of Canada retail investment platform.
The Fund invests according to IBV Capital’s disciplined value investment philosophy, which relies on deep, global research and analysis to identify mis-priced opportunities.
“We’re excited to be a part of the RBC retail platform,” says IBV Capital President and CEO Talbot Babineau (pictured). “We believe our Global Value Canadian Feeder Fund’s flexible, global investment mandate will greatly appeal to RBC advisors and their clients.”
IBV Capital focuses on producing attractive long-term rates of return, while preserving
Pacific View Asset Management (Pacific View) has marked the five-year anniversary of its US Small Cap Growth Strategy, which utilises a Momentum At a Reasonable Price approach to portfolio construction.
Over the five years up to the end of June 2018, the strategy performed in the top 15 per cent of its peer group with less volatility than the Russell 2000 Growth Index.
“We believe our Momentum At a Reasonable Price investment process represents a differentiated approach. It has shown that it is possible to generate excess returns with momentum factor exposure while exercising strong valuation discipline,” says Mike
In July 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 46 per cent to 213.8 TWh (July 2017: 146,2 TWh).
On the Spanish power market, volumes exceeded the mark of 10 TWh for the first time, doubling last year’s volume (10.6 TWh, July 2017: 4.3 TWh). Furthermore, the markets for France (18.2 TWh, +18 per cent) and Italy (37.3 TWh, +70 per cent), in particular, developed positively.
In Phelix-DE Futures, trading volumes amounted to 128.7 TWh which is clearly above the total July volume in 2017 in the products for the German market
The State Street Investor Confidence Index (ICI) increased to 101.8 for July 2018, up 1.0 point from June’s revised reading of 100.8.
Confidence among North American investors declined, with the North American ICI decreasing from 104.2 to 103.4. Meanwhile, the European ICI rose by 0.7 points to 91.5 and the Asia ICI increased by 0.5 points to 103.3.
“Despite the recent rebound in equity markets, we haven’t seen significant traction in risk appetite globally over the past couple of months,” says Rajeev Bhargava, managing director and head of Investor Behavior Research at State Street Associates. “It appears that geopolitical
The FCA has released a statement on the selling high-risk speculative investments to retail clients following ESMA’s action on CFD products…
In June 2018, the European Securities and Markets Authority (ESMA) finalised temporary measures to restrict the sale, marketing and distribution of contracts for difference (CFDs) to retail clients. These measures apply across the EU from today.
We fully support ESMA’s measures, which are designed to protect retail investors.
In common with other regulators across Europe, we know that other products can create the same kinds of risks to consumers as CFDs, particularly where they expose the investor to significant
Alternative asset manager Man Group has reported ‘sustained growth’ during the first six months of 2018, with funds under management (FUM) reaching USD113.7 billion, up from USD109.1 billion as at 31 December 2017.
According to the group’s interim results, adjusted profit before tax for the period was USD153 million, an increase of 5 per cent over the USD245 million reported for the same period in 2017.
Net inflows meanwhile, totalled USD8.3 billion in H1 marginally up on the USD8.2 billion of inflows reported in H1 2017.
Luke Ellis (pictured), Chief Executive Officer of Man Group, says: “The first
Event driven fund managers ended the first half of 2018 up 2.02 per cent, supported by healthy activities within the M&A sector, says Eurekahedge. However, the escalating tension between the US and China may pose as a headwind for event driven fund managers, as regulators become increasingly strict in approving big M&A deals.
Asian hedge funds were down 1.22 per cent as of June 2018 year-to-date, as they struggle under the pressure of global trade and political concerns. Fund managers focusing in China, India, and Korea posted losses of 4.38 per cent, 2.46 per cent, and 1.60 per cent respectively
