Funds
Cordium, a provider of compliance consulting, accounting, tax and software to the financial services industry, has launched a cybersecurity training video designed to help firms protect themselves against breaches.
Cordium says that major cybersecurity violations are frequently making headlines across the globe and as a result data protection is high on regulators’ agendas. Despite the news focusing on large organisations, over 60 per cent of all cyber-breaches happen to small companies. Cordium believes that its new training video provides firms and their employees with all the information and best practice advice they need to ensure their data and network
The Roberts Group (TRG), a provider of market data and subscription management solutions, has reported a record increase in new clients looking to better understand and manage their enterprise subscriptions and expenses.
Led by the universal need to drive down costs and maximise efficiency within market data and information services spend, TRG has doubled its new sales growth year over year and has seen significant success in the Australian market, investing time and resources to support its work with some of the largest banks in the region. TRG’s commitment to quality client service is what has led to a 95
The Depository Trust & Clearing Corporation (DTCC) has commended the US Administration, Senate and House of Representatives for taking action to strengthen global information sharing by signing into law legislation that removes Dodd-Frank’s indemnification provisions.
Eliminating these barriers to data sharing marks an important step in ensuring regulators globally obtain a consolidated and accurate view of the over-the-counter derivatives marketplace. DTCC has been a long-standing advocate for removal of the indemnification provisions and applauds Members of Congress and policymakers – both former and current – who supported this non-controversial, technical fix.
DTCC says it is looking forward to continuing to
Assets in the Old Mutual Absolute Return Government Bond Strategy, managed by Russ Oxley and his team, have exceeded GBP500 million (US$D55m)m just two months after launch
Oxley says: “I am delighted that our six-strong team have got off to such a strong start at Old Mutual Global Investors. It is also very pleasing to have received over GBP500 million of assets in such a short period of time as this demonstrates that investors continue to support our strategy. We now look forward to building on our successful three and half years managing this type of strategy.”
Donald Pepper,
Elian has formally completed its acquisition of SFM Europe. Merging Elian's existing International Finance team and the SFM Europe team, the combined service line will be made up of more than 150 employees, and it will be led by SFM Europe CEO, Robert Berry.
SFM Europe offers services for the management of securitisations, structured finance and asset finance to global banks, investment managers and blue chip corporates. The completion of this acquisition significantly bolsters and expands Elian’s international finance offering.
The deal, which was announced in September, brings Elian’s head count to 640 employees and increases its geographical spread
Euronext has joined the United Nations' Sustainable Stock Exchanges (SSE) initiative which aims to explore how exchanges can work with investors, regulators, and companies to enhance corporate transparency on Environmental, Social and Corporate Governance (ESG) issues.
Euronext’s five market operators Euronext Amsterdam, Euronext Brussels, Euronext Lisbon, Euronext London and Euronext Paris have voluntarily committed – through dialogue with investors, companies and regulators – to promote sustainable, long-term investment and improved ESG governance disclosure and performance among the companies listed on their exchange.
In line with this initiative, Euronext continues to launch products related to the financing of the real economy
Hedge Connection has joined the Airex Market Partner (AMP) Program, a global service that gives companies their own customised, curated, and co-branded AIREX Markets.
These AMP markets allow partners like Hedge Connection to offer their customers, clients, website traffic, and employees a large and growing assortment of financially actionable applications, information, and reports (Financial AIR).
Hedge Connection is a platform that connects hedge funds and investors online and through events. The new partnership allows Hedge Connection to provide an entire turnkey marketplace of Financial AIR to its thousands of members through its website, alongside its huge hedge fund database and
Chiron Investment Management has launched the Chiron Capital Allocation Fund (CCAPX) and broadened its distribution team with three additional hires.
Chiron Capital Allocation Fund is managed by Ryan Caldwell, Co-founder, Chief Investment Officer and Lead Portfolio Manager, Grant Sarris, CFA, Portfolio Manager, and Brian Cho, CFA, Portfolio Manager, who collectively have over 70 years of investment experience. The Chiron Capital Allocation Fund competes in the World Allocation category with an objective to seek total return, which consists of capital growth and income; the Fund seeks to generate attractive risk-adjusted returns for its investors.
Chiron was founded in July 2015,
Wells Fargo, Cowen Group and Conifer Financial have joined the growing list of users on AltX, an intelligence platform for the hedge fund industry.
AltX, created to improve data analytics in the hedge fund market and the way these analytics are accessed, increases efficiencies around how this intelligence is used and shared by investment banks, asset managers and other asset allocators, and service providers to the hedge fund industry.
AltX insights include detailed intelligence on positions, leverage ratios, network graphing, news and events associated with funds updated in real-time, as well as access to regulatory documents including ADVs, 13fs
Tradition, one of the world’s largest interdealer brokers in commodity and financial products, has completed its first hybrid OTC/cleared Turkish power deals. The deals were cleared on VIOP, the Turkish Derivatives Exchange of Borsa Istanbul.
The trades consisted of two deals of 10MW Jan16 + Feb16 Baseload in Turkey at 162,70TL.
Tradition offers the full spectrum of OTC energy and energy-related physical and derivative products, including electricity, natural gas, crude oil and refined products, coal, environmental products, weather derivatives and exchange-traded futures and options.
Jason Curtis (pictured), Manager, CEE, SEE and Turkish Power at Tradition, says: “We at