Funds
Cordium has been ranked at number 42 in the inaugural Sunday Times BT Business SME Export Track 100.
The ranking is of Britain's private small and medium-sized companies (SMEs) with the fastest growing international sales over the past two years. Cordium is one of the 28 companies ranked that are headquartered in London. Cordium’s international sales have grown by 63 per cent a year over the last two years and we now employ a total of 200 people.
Danny Longbottom, Managing Director UK SME at BT Business, says: “I would like to congratulate the businesses recognised in the inaugural Export
The Depository Trust & Clearing Corporation (DTCC) has launched a new capability within its Wealth Management Services (WMS) business to streamline the processing of internal account transfers for alternative investments.
With DTCC’s Alternative Investment Products (AIP) service, market participants can now fully automate account transfers for non-traded real estate investment trusts (REITs) and business development corporations (BDCs). This allows broker/dealers to systematically manage the complex activities required to re-register accounts and internally transfer investors’ shares between closing and opening accounts, as needed.
Currently, account transfer transactions are largely manual operational processes – incurring paper trails, multiple registrations and numerous inter-departmental
CME Group has launched eight new European Power futures contracts on CME Europe covering the German, French, Spanish and Italian markets. They are all base load and peak load contracts and cash settled against the leading power auctions for each market.
This is a significant expansion of the CME Europe utility slate of contracts and further enhances the choice of contracts available to participants across the whole energy market spectrum.
The contracts will be listed on CME Group's European exchange, CME Europe, for first trade date on Monday 15 June 2015 and are authorised and approved by the United Kingdom
Robin Fuller of the Guernsey Investment Fund Association looks at new opportunities for the Guernsey funds sector and highlights fintech as one likely to be significant.
Winston Churchill’s quote of ‘Never let a good crisis go to waste’ has been very appropriate as we struggle to restore stability and prosperity to our banking and financial services industries.
Politicians and economists have bemoaned the lack of credit following the banking crisis, the impact this is having on households and industry, and how it is acting as a serious brake on economic activity. However, as the supply of bank credit ebbs, human
Managed futures traders lost 1.27 per cent in April according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 2.22 per cent year to date.
“Sharp trend reversals in commodity and bond markets, coupled with a rapid unanticipated decline in the value of the US Dollar, led the Barclay CTA Index to its worst month since May 2013, when it dropped 1.58 percent,” says Sol Waksman, founder and president of BarclayHedge.
All eight of Barclay’s CTA indices had losses in April. The Diversified Traders Index was down 2.07 per cent, Systematic Traders lost 1.58 per cent, Discretionary
DBV-X, a new EU regulated marketplace for collateral and secured deposits, is to go live in Europe later this year. Focused solely on funding and collateral needs, DBV-X will offer market participants access to a diverse range of counterparties and liquid assets.
All participants sign a single standard legal agreement to join the platform and have full control over the products and counterparties used, thereby enabling a peer-to-peer market to flourish.
The platform will offer full pre-trade counterparty anonymity, price transparency and a choice of execution models. Market participants are able to trade automatically within their risk limits to
The average time taken to exit private equity-backed buyout investments has increased year-on-year since 2008. In this extract from the Preqin Private Equity Spotlight: May 2015, Anna Strumillo and Ciantelle Lawrence conduct an in-depth analysis of buyout holding periods.
Private equity investments are traditionally long-term investments with typical holding periods ranging between three and five years. Within this defined time period, the fund manager focuses on increasing the value of the portfolio company in order to sell it at a profit and distribute the proceeds to investors. This in turn determines how quickly and how much the investors can
BullionVault.com, one of the world's largest physical online gold and silver markets, has seen an increase in the amount of larger investors turning to gold in the UK.
In the case of gold specifically, the average purchase size amongst customers depositing GBP100,000 or more is now 26 per cent greater by weight so far in 2015 from the 2014 average, and 20 per cent greater than the same period last year. UK residents have made 40 per cent of 2015's larger deposits to date, but accounted for only 27 per cent during the same period last year.
But it’s
Interactive Data, a provider of fixed-income evaluated pricing, is to launch a new Indicators Service in July, leveraging the same fixed income evaluated pricing and reference data content that supports pricing and trading functions at buy-side and sell-side firms.
As global financial markets prepare for the effects of a rise in interest rates, there is widespread concern that an imbalance of supply and demand could lead to increased volatility in fixed income markets and constrain liquidity. At the same time, regulatory pressures have caused certain types of market participants to increase their regulatory capital, and reduce or eliminate fixed income
CME Group has launched physically delivered Zinc futures contracts to begin trading on 29 June, 2015, pending all relevant regulatory review periods.
These new Zinc futures contracts will build on CME Group's suite of physically and financially settled base metals products, and provide greater transparency and price discovery for market participants in North America and around the globe. Zinc futures will be priced in US dollars and will represent 25 metric tons of physical material, beginning with the October 2015 listed month.
"Customers across the global physical commodities value chain rely on the accurate price discovery and risk transfer that
