Managers
ACA Compliance Group, a provider of compliance, cybersecurity, performance and technology solutions to financial services firms, has acquired Telavance.
Founded in 2010 by Salvatore Cangialosi (pictured), Gokul Kallambunathil, Rama Pappu and Mahesh Viswanathan, Telavance provides anti-money laundering (AML) risk reviews and related regulatory compliance services and software solutions.
It offers leadership and expertise in the areas of risk assessment and mitigation, remediation of regulatory actions, model risk management, fraud rules assessments, NYS DFS 504 compliance, AML software system enhancements and optimisations, and transaction reviews and “look-backs.” Telavance’s client base is primarily centred in the banking industry.
As a
Neuberger Berman has broadened its fixed income UCITS offering with the launch of the Neuberger Berman Global Opportunistic Bond Fund.
The new, flexible, UCITS fund seeks attractive risk-adjusted returns by opportunistically investing in a diversified mix of fixed rate and floating rate debt securities across sectors, under varying market environments.
The management team shifts allocations in response to changing market conditions – with no persistent biases or tilts. This enables the fund to exploit market mispricing across a broad global opportunity set.
This is a strategy that Neuberger Berman’s fixed income team has been running in segregated accounts
Alger Associates has agreed to acquire Boston-based Weatherbie Capital, a growth equity manager with over USD800 million in assets under management.
Weatherbie Capital was founded in 1995 by Matthew Weatherbie and, similar to Alger, takes a fundamental, bottom-up research approach to investing in growth equities.
Weatherbie Capital aims to identify and invest in attractive US small- and mid-cap companies poised for growth.
Matthew Weatherbie will remain CEO and again become co-CIO of Weatherbie Capital, which at closing will become a wholly owned subsidiary of Alger.
“We are thrilled that Matt and his team have decided to affiliate
Dolfin has launched the Dolfin Unconstrained Credit Strategy, which targets consistently positive returns in all market contexts by capturing top-down market shifts and investing in attractive bottom up opportunities across the global fixed income spectrum.
Devised and managed by credit expert, Alex Eventon, (pictured) the strategy applies a “go-anywhere” investment flexibility, institutional investment tools and dynamic risk management. It has a performance target of Libor plus 4 per cent.
Eventon says: “Most investors have to hold an allocation to fixed income securities, yet the outlook for generating returns in the current fixed income environment is challenging – especially when
Convergex’s Prime Brokerage business added new clients with a collective total of over USD1 billion in assets during 2016 and continues to see a steady increase in its international client base.
The company says that enhancements to its Prime Services product offerings, including expanding its futures execution and clearing services and adding fully-paid for lending capabilities, helped generate additional interest and growth from both the US and Europe.
The Convergex Prime Services team offers a range of services to its clients including opening and monitoring accounts, cross referencing securities and customised reporting capabilities. In addition, the team is focused
The majority of global alternative firm SkyBridge Capital has been sold to RON Transatlantic EG and HNA Capital. Financial terms of the transaction have not been disclosed but at the end of November SkyBridge managed or advised on USD12 billion.
SkyBridge also hosts the SALT Conference which will be spun out as a standalone entity with this year’s event scheduled for May in Las Vegas.
The announcement states that SkyBridge will continue to be led by its current senior management team and its full investment team will remain intact. However, SkyBridge founder, Anthony Scaramucci (pictured) – who has been appointed as an adviser to US
Thomson Reuters has completed its acquisition of REDI Holdings, allowing it to incorporate a cross-asset execution management system (EMS) into its buy-side trading capabilities.
REDI will now operate as Thomson Reuters REDI.
Thomson Reuters REDI will continue to provide an EMS that offers cross-asset trading functionality, powerful trade allocation, reporting and compliance tools and rich analytics via desktop application, cloud, mobile or API.
In the coming months, Thomson Reuters will begin integrating REDI’s trading capabilities with Eikon, its financial markets desktop, and Elektron, its suite of data and trading propositions, to enable institutional traders to move seamlessly from pre-trade
The team behind alternative investments platform CoInvestor have launched an online service, EISWallet.com, allowing investors and their financial advisers to record and manage all of their Enterprise Investment Scheme (EIS) and unlisted investments digitally.
The service, which is free to use and currently in beta phase, aims to take the hassle out of managing income tax relief as well as any capital gains implications from investing in EIS and other unlisted investments.
Instead of trawling through paperwork as the self-assessment tax return looms, investors can store details of their investments and upload share and EIS certificates to their EIS
RAM Active Investments (RAM AI), an active and alternative asset management company, has launched RAM (Lux) Systematic Funds – Long/Short Global Equities.
The fund, available in daily-dealing UCITS format, will be collectively managed by Thomas de Saint-Seine (pictured), Maxime Botti and Emmanuel Hauptmann, senior equity fund managers and founding partners, who have run the firm’s systematic equity strategies since 2007.
The fund’s strategy will look to capture market inefficiencies across the developed markets’ universe of more than 6,000 stocks through a quantitative model-driven fundamental and behavioural based stock selection process. The aim is to produce consistent risk-adjusted returns with
Chicago Board Options Exchange (CBOE) has launched the CBOE-SMA Large-Cap Weekly Index (SMLCWSM Index), the second in a series of sentiment-based strategy benchmark indices designed to capitalise on short-term market momentum based on Social Market Analytics’ (SMA) social media metrics.
The CBOE-SMLCW Index is reconstituted every Friday at 8:30 a.m. CT, representing a longer duration portfolio than the CBOE-SMA Large-Cap Index (SMLC), which is reconstituted daily.
CBOE launched the CBOE-SMA Large-Cap Index, the first of its sentiment-based benchmark indexes that measure market momentum based on SMA’s social media metrics, in August.
Similar to the first SMLC Index, the
