The prospect of remote working becoming the “new normal” amid the likelihood of renewed Covid-19 lockdowns is driving investment managers of all sizes and strategies to re-evaluate their operational infrastructure and business practices in light of this year’s unprecedented events, according to SEI Investment Manager Services.
Asset managers should focus on addressing regulatory and governance issue or risk missing out on mandates, according to Bill Prew of INDOS Financial.
Digital asset trading platform Bitfinex has launched perpetual swaps contracts for Europe 50 and Germany 30, via its Bitfinex Derivatives platform. Each contract offers users up to 100x leverage and both will be settled in tether (USDt).
Axiom Alternative Investments, a French asset manager with USD1.9 billion under management and offices in London and Paris, has appointed Tom Conquest to the newly created role of Director of Business Development in London.
Cineworld, the beleaguered London-listed global cinema group long targeted by hedge fund short sellers, has been dealt a fresh blow as a result of the Covid-19 pandemic, reporting a USD1.6 billion first-half loss with revenues plummeting after theatres were forced to close.
“No beliefs, only processes”: How French hedge fund Quantology’s machine-based model is reaping rewards
“Our motto is: ‘no beliefs, only processes’,” says Julien Messias, portfolio manager and co-founder of French systematic hedge fund Quantology Capital Management. “We are agnostic as to where the market will go – it is impossible to forecast. So what we trust are our processes.”
The Tungsten TRYCON AI Global Markets Find, which was one of the first AI-based UCITS strategies when it launched back in 2013 is up 4.1 per cent YTD in 2020. In the drawdown period up to March, when many portfolios suffered considerable losses, it was able to generate a gain of over 5 per cent.
The Besst Point Capital House hedge fund has now moved its trading infrastructure to the MetaQuote's MetaTrader 5 platform.
More than USD1.6 billion of private client funding has been raised by HSBC Private Banking for so far in 2020 for hedge funds, private equity, private credit and a private REIT strategy.
Pico, a provider of technology services for the financial markets community, is to offer the Consolidated Tape System (CTS), the Consolidated Quotation System (CQS) and the Options Price Reporting Authority (OPRA) feeds from NMS-dedicated connectivity via a new separate, low-latency NMS network located in the Mahwah, New Jersey data centre.