Managers
The Channel Islands Securities Exchange Limited (CISE) has ceased discussions regarding the acquisition of the European marketplace for SMEs, the Danish-based GXG Markets A/S (GXG).
It was announced on 22 July that an in-principle agreement for the transaction had been agreed between the CISE’s wholly owned subsidiary, The Channel Islands Securities Exchange Authority Limited (CISEA) and the Swedish-headquartered GXG Global Exchange Group AB and GXG.
However, the CISE has now decided not to proceed any further.
Fiona Le Poidevin (pictured), Chief Executive Officer of the CISE, said: “The deal had reached offer stage but, following extensive due diligence
Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, has signed the 100th buy-side firm to its Honeycomb network globally.
Algomi’s Honeycomb Network allows investment firms to see which dealer is best placed to facilitate illiquid corporate bond trades without disturbing the markets and having the price move against them. Algomi is continuing to add asset management, pension fund, sovereign wealth fund, endowment and hedge fund clients from offices in New York, London and Hong Kong, and client support and sales in Chicago, San Francisco, and Boston.
More firms are coming online each week.
This extract from the Preqin Quarterly Update: Real Estate, Q2 2015 focuses on institutional investors in private real estate and their plans for the next 12 months regarding strategy, regional preferences and the size and number of planned capital commitments.
The majority of investors seeking new commitments will target value added funds over the next 12 months (62 per cent), with the proportion targeting opportunistic vehicles increasing by nine percentage points (Fig 1). Demand for core vehicles has dropped by 13 percentage points, which could convey investors’ willingness to take on more risk in the search for higher returns.
North
Thomas Miller Investment (TMI), a member of the 129 year old Thomas Miller Group of companies, has launched two new Dublin-domiciled, UCITS compliant bond funds.
The TMI Sterling Bond Fund and TMI US Dollar Bond Fund are both registered for sale in the UK, and offer exposure to a diversified portfolio of debt and debt-related instruments. They are designed to maximise total return with a focus upon income generation, with long term preservation of capital. The funds will pay a semi-annual income distribution.
The funds are co-managed by Thomas Miller Investment’s James Penn and Rob Brockbanks.
Earlier this
Lyxor Asset Management has partnered with Chenavari Investment Managers to launch the Lyxor/Chenavari Credit Fund, a new European focused long/short credit strategy on Lyxor’’s alternative UCITS platform.
The fund focuses on niche long/short credit market strategies by taking advantage of opportunities arising from bank deleveraging and financial dislocation in Europe. This investment strategy is based on a fundamental, “credit spread neutral” approach that seeks consistent absolute returns, with a low volatility and correlation to broader credit indices. The use of liquid instruments enables a dynamic trading approach.
Founded in 2008, Chenavari specialises in European credit and structured finance. The Firm
The Depository Trust & Clearing Corporation (DTCC) has urged legislative and industry action to address three key obstacles that are hindering achievement of the G20 transparency goals set forth by policymakers in the aftermath of the 2008 financial crisis.
During a US. House of Representatives Committee on Agriculture hearing on the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), Larry Thompson (pictured), Vice Chairman and General Counsel at DTCC stated that while progress has been made since the crisis, the goal of global data transparency – a critical element in understanding systemic risks and interconnectedness,
The Chicago Board Options Exchange (CBOE) is collaborating with the Singapore Exchange (SGX) to launch the first international extension of the world-renowned CBOE Options Institute. The "CBOE Options Institute at SGX" is expected to launch in the fourth quarter of 2015.
The CBOE-SGX educational collaboration leverages CBOE's options education expertise and the trusted "CBOE Options Institute" brand with SGX's position as a gateway to Asian financial markets.
The CBOE Options Institute at SGX will be dedicated to engaging Asian investors in the effective use of options and volatility strategies to manage risk. The program will be part of the
State Street’s Global Investor Confidence Index (ICI) decreased to 114.6 in July, down 12.5 points from June’s revised reading of 127.1.
Confidence among North American investors decreased with the North American ICI falling 20.6 points to 122.6, down from June’s revised reading of 143.2. Meanwhile, the Asia ICI rose by 2.6 points to 89.5 while the European ICI fell 2.1 points to 100.4.
The Investor Confidence Index was developed by Kenneth Froot and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by analysing the actual
Quantifi, a provider of Analytics, trading and Risk Management solutions, has been selected by CQS, a global multi-strategy asset management firm to provide enhanced pricing and risk management analytics.
By leveraging Quantifi’s advanced analytics CQS has enhanced capability in terms of modelling and risk management practices. CQS was also impressed with the level and quality of support they received from senior members of Quantifi that, combined with the smooth integration of Quantifi’s analytics into their existing system, accelerated the time to market.
Quantifi’s comprehensive suite of best-of-breed analytics provide timely, accurate and independent valuation for a wide range of
Total hedge fund assets decreased 1.57 per cent in June 2015, bringing the industry’s total assets under management to USD3.118 trillion, according to eVestment’s latest Hedge Fund Asset Flows report.
Investors added USD12.1 billion of new capital to the industry in June, while performance decreased AUM by an estimated USD61.9 billion.
With June’s USD12.1 billion inflow, investors added an estimated USD48.6 billion into hedge funds in Q2, the second largest quarterly inflow since Q3 2009, and USD75.0 billion in H1 2015. YTD inflows are below H1 2014 inflows of USD97.4 billion, but they are the second largest two quarter span
