Funds
Quant Insight (Qi), a macro analytics firm that applies quantitative techniques to financial markets, has completed its latest funding round, which includes key investments from Alan Howard (Brevan Howard Asset Management) and Jens-Peter Stein (Stone Milliner Asset Management).
Over 80 per cent of capital raised came from Qi’s clients in a successful financing round that exceeded the company’s expectations.
Following increasing global demand for Quant Insight’s AI and machine learning driven macro analytics, the firm has seen a 50 per cent increase in the number of subscribing clients in 2018. As a result, Quant Insight has expanded globally, adding
ReSolve Asset Management has acquired Acorn Global Investments, an alternative investment manager specialising in managed futures and macro strategies.
Acorn has approximately USD210 million in assets under management and has had a long-standing and close relationship with ReSolve.
“We have worked closely with Acorn for many years. Their strong combination of investment research, execution and operational capabilities have laid the foundation for our next phase of growth,” says Adam Butler (pictured), CEO of ReSolve. “The Acorn team’s long history of significant experience in crisis alpha-oriented managed futures programs empowers an important extension of ReSolve’s strategy lineup.”
“This amalgamation simply
Sixty-four per cent of respondents to a new State Street survey are planning to launch cross-border products in the next five years. During the same timeframe, cross-border fund domiciles are also envisioned to experience accelerated growth.
Just over two thirds (62 per cent) of the 250 asset managers that responded to the survey plan to domicile their funds in Luxembourg, a 16-per cent rise from today; 55 per cent in Ireland, a 13-per cent increase from today; and 25 per cent in the Cayman Islands, a six-per cent increase from today. All three domiciles are among the top five most
March this year saw Robert Mirsky, then Global Head of Hedge Funds at KPMG, become Global Head of Asset Management and UK Managing Partner at EisnerAmper.
Mirsky was also charged with opening EisnerAmper’s first UK office and now presides over a small but fast-growing team. The firm is better known in the US, where it is the fifth largest financial services practice, and offers a full suite of accountancy, audit, tax advisory and business advisory services to clients operating in a wide spectrum of business sectors and industries.
Staff globally total 1,500, including 180 partners and principals. The Financial Services
CheBanca! has teamed up with RAM Active Investments (RAM) to offer systematic strategies on its investment platform.
RAM will make its know-how available to the client base of CheBanca! through 11 funds encompassing systematic equity long-only, liquid alternative strategies and discretional fixed-income strategies.
“We continue to grow in the asset management industry, catching the new opportunities that systematic investments are opening on the market,” says Alessandro D’Agata, general director of CheBanca!. “Thanks to the collaboration with Mediobanca SGR, we work in a guided open architecture scheme, which enables us to build and manage efficient portfolios relative to different risk/reward
Cboe Global Markets is planning to establish a new venue in Amsterdam to ensure the company is well-positioned to continue to serve its customers across Europe from April 2019, after the UK’s planned exit from the European Union (EU).
Cboe Europe has filed its application with the Dutch Authority for the Financial Markets (AFM) to establish a MiFID II compliant equities trading venue and Approved Publication Arrangement (APA) in the Netherlands to continue to service its EU customer base. The choice of the Netherlands comes after thoughtful and careful consideration of a number of locations that have strong international financial
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 130.4 TWh in June 2018 (June 2017: 167.7 TWh). The overall spot volume increased by 25 per cent over the previous year, following the upward trend on most PEGAS spot market areas.
Spot trading volumes in June amounted to 74.9 TWh, up 25 per cent over the previous year (59.6 TWh). The Dutch TTF market area reached 27.2 TWh, an increase of 75 per cent (June 2017: 15.5 TWh). The German delivery zones NCG and Gaspool amounted to 22.9 TWh which represented an improvement of over
Nasdaq is to launch US DV01 Treasury Futures, a new interest rate risk product trading on the Nasdaq Futures Exchange (NFX).
US DV01 Treasury Futures, or “the dollar value of one basis point,” will allow clients to hedge against the price sensitivity of a portfolio of cash market US Treasuries across the yield curve from 2-year to 30-year maturities. The new product will be available for trading on Thursday, 19 July, 2018, pending regulatory approval.
“Combined with our experience in the US Treasury cash markets on Nasdaq Fixed Income (NFI), the launch of US DV01 Treasury Futures moves us closer to our goal
Equinox Funds (Equinox), a specialist in alternative investments, has launched the Equinox Ampersand Strategy Fund, which restructures the Equinox EquityHedge US Strategy Fund by combining the current long Equity Strategy with an enhanced Overlay Strategy.
Equinox has agreed to waive its management fee for twelve months if the fund underperforms the S&P 500 Total Return Index (S&P 500) for a given fund-year. The Ampersand Fund will assume the existing ticker symbols of (EEHIX) (Class-I) and (EEHAX) (Class-A).
In 2017, Equinox expanded its institutional offerings by launching Ampersand Portfolio Solutions. Ampersand Portfolio Solutions develops and implements custom overlays that complement,
Aspect Capital (Aspect), a USD7.3 billion systematic investment manager, has launched a UCITS fund to provide investors with access to the Aspect Systematic Global Macro Programme.
The Systematic Global Macro Programme utilises a systematic relative value approach to global fixed income, stock indices, currency and volatility investing. It aims to generate absolute returns by managing a diversified portfolio with low correlations to traditional and alternative asset classes, allocating its risk to over 20 individual models spread across 13 macro-economic themes. The UCITS fund has been structured to provide access to the complete Aspect Systematic Global Macro Programme.
Portfolio managers
