Managers
Bitcoin exchange Kraken has acquired charting and trading platform Cryptowatch, which is used by traders to chart over 150 markets in real-time and trade up to 22 digital assets.
Cryptowatch has seen rapid growth in the past two years, increasing its active user-base by 700 per cent.
Cryptowatch founder Artur Sapek is joining Kraken to both continue developing Cryptowatch and lead the development of Kraken’s interface.
"In just two years Cryptowatch grew into one of the pillars of the digital asset trading community,” says Sapek. “Teaming up with an exchange was the natural next step, and Kraken was
Canadian hedge fund manager Arrow Capital Management has completed the merger of the Exemplar US High Yield Fund into the Exemplar Growth and Income Fund.
Unitholders approved the merger on 21 February 2017 at a special meeting, while on 27 February the fund also received regulatory approval.
The merger was completed after the close of business on 28 February 2017.
By Alan Chu (pictured), Meyler Capital – Heard the phrase, ‘A Diamond Is Forever’? Probably. It’s been in every De Beers engagement advertisement since 1948 (as of 2016), and was also awarded the “No1 Slogan of the Century” by Ad Age.
How did this famous slogan come about? A quick step back into history…
Diamonds were seen as an extravagance for the ultra-wealthy, and sales had been declining since the 1920s. The Great Depression caused sales to plunge further and diamonds became the furthest thing in most women’s minds. Diamond brokers worried about when the final killer blow would be
Man Group’s results for the financial year ended 31 December 2016 show funds under management went up 3 per cent over the year to USD80.9 billion, from USD78.7 billion at 31 December 2015.
Net inflows increased over the year from USD0.3 billion at end 2015 to USD1.9 billion and quant alternative assets increased by 20 per cent due to strong net inflows.
The group reports a positive investment movement of USD3.2 billion (2015: USD2.4 billion) against FX translation effects and other movements of -USD2.9 billion (2015: -USD3.0 billion).
The figures reveal a statutory loss before tax for the
Beaumont Capital Management (BCM), a provider of tactical, ETF-based investment solutions, has made its strategies available through HedgeCoVest, a unified managed accounts platform, and SMArt Xchange, an alliance partnership between HedgeCoVest and SS&C Advent.
The sub-advisory relationship with HedgeCoVest will offer investment advisors access to BCM’s defensive-oriented growth strategies through www.hedgecovest.com or through www.smartx.us for Advent clients.
“BCM is pleased that our tactical investment strategies have been selected as one of the first of their kind offered on HedgeCoVest’s growing platform,” says Bob D Peatman (pictured), director of national sales, Beaumont Capital Management. “We have seen strong interest and
Boutique asset manager Unigestion has launched Uni-Global – Alternative Risk Premia, an actively managed strategy to provide investors with cost-effective and liquid sources of returns modestly correlated to equity and bond returns.
It complements Unigestion’s existing line of direct alternative offers, including the Uni-Global – Cross Asset Trend Follower, Uni-Global – Alternative Equities Compass World, the Unigestion Long/Short Global Opportunities fund and the Uni-Global – Absolute Return.
The launch of this strategy addresses three major concerns for investors and the asset management industry.
Firstly, expected returns for traditional investments are not very attractive, as bond yields remain at
Insch Capital Management has launched the Gold Income Actively Managed Certificates (AMC) powered by Insch’s award-winning Kintore (Bidirectional Gold) strategy.
The firm writes that the investment objective of the Gold Income version of the Insch Kintore strategy is to generate high income distributions regardless of interest rates in both favourable and unfavourable bond market conditions, by employing an actively managed approach trading gold either long or short vs. the G7 currencies: Australian dollar, Canadian dollar, Euro, Japanese yen, GBP sterling, Swiss franc, US dollar.
The Certificates are open-ended and will offer daily liquidity via ISIN DE000HU89R51. They will be listed
The London Stock Exchange’s (LSE) proposed merger with Deutsche Börse may not now go ahead after the LSE ruled out selling its 60 per cent stake in fixed-income trading platform MTS.
The European Commission had ordered LSE to sell its majority stake in MTS to secure clearance for the merger.
MTS is a regulated electronic trading platform for European wholesale government bonds and other fixed income securities. It is a relatively small part of LSE’s business but is classified as a “systemically important regulated business” in Italy, where LSE also owns the Milan-based Borsa Italiana.
According to LSE,
HFR reports that total capital invested in Emerging Markets (EM) hedge funds climbed to a record level to begin 2017, as energy commodities and the US dollar posted strong gains. Assets dedicated to EM funds increased to USD200.7 billion (1.38 trillion RMB, 622 billion Brazilian Real, 13.4 trillion Indian Rupee, 11.6 trillion Russian Rouble, 753 billion Saudi Real) to end 4Q16.
For FY 2016, EM hedge fund capital increased by USD9.3 billion, despite net investor outflows of USD4.8 billion. As previously reported by HFR, total hedge fund assets globally increased by USD121.6 billion in 2016, ending the year at USD3.02
Following the appointment of Mike Ward in October 2016 to head new business development, Global Prime Partners has launched a new structured products business.
Matt Robinson will serve as head of structured products sales, while Ross Trotman has been appointed as head of structuring.
The structured products division, initially for UK onshore clients, aims to provide clients with streamlined access to the best issuers of structured products combined with bespoke technology and tailored customer service.
Ward (pictured) says: “We have been fortunate to work with a great panel of issuing banks and developed a bespoke structured products platform
