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Christopher Cruden, manager of the currency and gold-focused CTA strategy Insch Kintore, hopes to capitalise on “ideal” elevated volatility levels in the commodity this year, following a positive start to 2021.
Quincy Data has expanded its lowest known latency market data services to Canada. The Quincy Extreme Data (QED) service now distributes select Aurora, Illinois-sourced futures data at Toronto’s TMX data center at the lowest known latency.
Quincy Data redistributes the full range of its select Equity Index, US Treasuries, Metals, Energy, and FX futures data at TMX via the industry-leading QED service.
Stephane Tyc, Quincy Data Co-Founder, says: “Canadian markets are quite dynamic, with an active community of local traders. Toronto has also attracted meaningful interest from global firms. Access to the lowest latency market data is critical for
Aspect Capital, a systematic investment manager, is further expanding its use of OpenGamma’s derivatives analytics across the range of markets it trades.
OpenGamma’s analytics track risk exposure and help maintain fund liquidity. OpenGamma’s breadth of coverage for exchange and broker margin methodologies has made it the partner of choice for Aspect Capital since 2018.
Aspect Capital is always seeking new opportunities, and trading new markets comes with hidden challenges. For example, futures and options contracts trade on local country exchanges, and each exchange has its own specific approach for calculating derivatives margin.
To help control risk and manage
Man Group, the publicly-quoted London-headquartered global hedge fund group, has seen its funds under management hit record highs, with its hedge funds and alternative strategies posting strong performances amid 2020’s unprecedented coronavirus-fuelled turbulence, despite a fall in annual pre-tax profits for the company.
The FTSE250-listed group’s funds under management surged to a new high of USD123.6 billion last year – a USD5.9 billion rise from the USD117.7 billion recorded at the end of 2019.
While its investment performance totalled USD3.3 billion in 2020, down from USD10.1 billion the previous year, Man attracted net investor inflows of USD1.8 billion, which reversed
International professional services provider, Equiom, has appointed Gavin Devitt as Head of Client Solutions, Fund Governance.
Based in London, Devitt has overall responsibility for promoting Equiom’s fund services globally, drawing on its capabilities and expertise across key funds markets such as the Cayman Islands, Ireland, Luxembourg, the Netherlands and the Crown Dependencies. His appointment comes hot on the heels of Equiom’s recent acquisition of an Irish Fund Management Company.
Devitt says: “I am excited to join a business with a truly global reach and at such an interesting time in the industry right now – Brexit, Ireland’s new Investment Limited
TraditionDATA, the data arm of Compagnie Financière Tradition (Tradition), has hired Michael Kirby as a senior member of the Data Sales team in the Americas.
Read the full story at Institutional Asset Manager…
The USD6 trillion foreign exchange (FX) industry is in the midst of a tech revolution, with cloud computing and trading technology upgrades set to become the sector’s major disruptors in 2021 and beyond, according to new independent research commissioned by Integral, a provider of FX SaaS technology solutions and trading platforms.
Read the full story at Institutional Asset Manager…
Leading global investor services group IQ-EQ has today announced plans to expand its Irish operations with the launch of a dedicated Funds business in Ireland.
Read the full story at Private Equity Wire…
Kroll Bond Rating Agency (KBRA) has assigned BBB Issuer ratings to three multi-strategy hedge funds: Kensington Global Strategies Ltd (KGSF), Kensington Global Strategies Fund II (KGSF II), Ltd, and Citadel Wellington LLC (Wellington), and a BBB Senior Unsecured rating to USD500 million of notes issued by Citadel Finance.
The notes are guaranteed on a several, but not joint, basis by KGSF II, Wellington, and KGSF Offshore Holdings Ltd (wholly-owned subsidiary of KGSF). The guarantor funds are managed by Citadel Advisors, LLC, the investment management subsidiary of Citadel Group.
Citadel Group, headquartered in Chicago, is a global hedge fund with a
Ambienta, a sustainability-focused European asset manager, has made two senior appointments – William Kitchin becomes the Head of Business Development for Ambienta X, the firm’s public markets division, while Michele Romualdi has been appointed Head of Sales Italy.
Kitchin and Romualdi joined the firm in February and March 2021 respectively and will report directly to Nino Tronchetti Provera, Managing Partner and Founder of Ambienta.
Kitchin joins Ambienta from Titan Capital Management, where he has been Director of Marketing since 2018. Prior to this, Kitchin was Vice-President at Morgan Stanley, where he was responsible for due diligence and monitoring all European-based
