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Essentia Analytics (Essentia), a provider of behavioural data analytics and consulting services for professional investors, has launched a series of workshops for investment professionals and asset management teams focusing on mitigating bias, improving decision making, and enhancing outcomes at an individual and team level.
As corporate executives and human resources teams prioritise finding new and creative ways to engage employees both in the office and remotely, these workshops will give investment professionals essential tools to enhance performance. Essentia has put together four new workshops featuring award-winning and industry leading experts teaching on a variety of subjects. The sessions will be
Enfusion, a global provider of native cloud-based investment management solutions and services, has named Mike Berry as its new Chief Operating Officer (COO) and expanded its Client Services function with three new leadership hires.
As COO, Berry will be responsible for providing direction, coordination and control for the effective and profitable operation of Enfusion’s various business offerings. Berry joins Enfusion from Bridgewater Associates where he helped transform the Back Office, Fund Tax, and Legal & Regulatory functions to adapt to an increasingly complex regulatory environment. Prior to Bridgewater, Berry was a consultant with Bain & Company in New York focused
City Credit Capital, a world leading multi-asset brokerage group, is pleased to announce that City Credit Capital (Cayman) has been formally granted a full broker dealer license by the Cayman Islands Monetary Authority (CIMA).
The company, which plans to expand its reach further into emerging markets, including Latin America & Asia believes, that the Cayman Islands strong reputation as the world’s fourth largest banking centre make it the perfect location to offer its services from.
Raymond Yip, CEO of CCC Cayman, says: “This is a very important milestone for City Credit Capital. In 2021 clients want the freedom to have
Xponance, a USD12 billion multi-strategy investment firm, and Investcorp, a USD35 billion leading global provider and manager of alternative investment products, have entered into a strategic partnership to collaborate on General Partnership (GP) staking and seeding interests in diverse and woman-owned alternative asset managers. This venture will build on the strengths of both Investcorp’s extensive alternatives expertise and Xponance’s long-lived and pioneering efforts in the seeding and funding of strategies offered by diverse and woman-owned managers.
Read the full story at Institutional Asset Manager…
Paxos Trust Company, a regulated financial market infrastructure provider, has announced that Instinet and Credit Suisse settled US listed equities trades on a same-day settlement cycle (known as T+0) via Paxos Settlement Service.
The trades occurred at 11 am ET and 3 pm ET and were settled at 4:30 pm ET, demonstrating the platform’s ability to enable same-day settlement for trades conducted throughout the day. In the legacy system, settlement can only occur the same day if trades are completed before 11 am ET, and therefore is rarely utilised.
Paxos Settlement Service is a private, permissioned blockchain solution
Artist Capital, a strategic capital partner to hedge funds, private equity firms and real estate investment managers, has appointed Ramesh Parameswar as Managing Director and Patrick Neuman as Director.
In addition to these new hires, and in recognition of their contribution to the strong growth of the firm, Denise Sadowski, Evan Kerr and Brett Kasner have been appointed as Partners. These appointments follow a significant milestone for Artist Capital, with the firm having organized over USD4 billion for clients across broad range of alternative asset classes, with the majority of growth occurring during the last five years.
Parameswar brings
RegComp Financial, a specialised compliance consulting firm dedicated to supporting lower and middle-market investment advisers, private funds, and broker dealers, has expanded into Florida.
The sharp and pronounced impact of the pandemic on the securities market gave rise to a host of regulatory risks for market participants, creating marked challenges for in-house compliance officers and general counsel staff. From remote work arrangements to cybersecurity concerns and several material new rule adoptions governing investment advisers, there is a significant increase in the need for compliance expertise and guidance to augment a firm’s ability to lower the risk of being in the
CI Financial Corp is to acquires full ownership of alternative fixed-income investment firm Lawrence Park Asset Management (Lawrence Park).
CI currently holds a minority interest in Lawrence Park, a Toronto-based alternative asset manager founded in 2011. Lawrence Park manages approximately CAD600 million of assets specialising in credit-focused strategies, including a hedge fund, a liquid alternatives fund and an ETF.
“The Lawrence Park team has decades of experience in fixed-income markets and alternative investing, and has been a valued partner for CI since 2012. We are thrilled to finally bring that expertise in-house,” says Kurt MacAlpine, CI Chief Executive Officer. “Alternatives
Abry Partners-backed Options Technology, a provider of IT infrastructure to global Capital Markets firms, has closed on its acquisition of Fixnetix, a DXC Technology Company. Financial terms of the agreement have not been disclosed.
Fixnetix provides outsourced front-office trading services to investment banks, hedge funds, proprietary trading firms and exchanges worldwide and was part of DXC’s global banking and capital markets business. This deal supports Options’ growth strategy and combines two industry leading teams committed to optimising the service offered to their customers across the financial sector. As a result of the acquisition, clients can avail of the extensive market data footprint
Integral, a technology company in the foreign exchange market, has reported average daily volumes (ADV) across Integral platforms totalled USD53.6 billion in March 2021. This represents an increase of 6.3 per cent compared to February 2021 and a decrease of 3.6 per cent compared to the same period in 2020.
Read the full story at Institutional Asset Manager…
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