Latest News
Data and analytics company BMLL has made the BMLL Data Feed available to sell side participants on the Kx Streaming Analytics platform.
Read the full story at Institutional Asset Manager…
BTIG Limited has made two seniors hires, Neil Roberts and Matt Austin, in its Institutional Equities division. Roberts joins BTIG as an Equity Sales Trader and a Managing Director, while Austin joins the firm as an Equity Trader and Director. In their new roles at the firm, they will be based in BTIG’s London office.
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RegEd has acquired the ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services (NRS), a provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions.
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Moonstake has entered into a strategic partnership with Singapore-based RockX to support the Polkadot ecosystem.
RockX runs its own Polkadot node, and in September, launched a USD20 million five-year investment programme in the ecosystem. Through this partnership, Moonstake and RockX will accelerate the spread of Polkadot in the blockchain industry through staking.
Moonstake started in the staking business last year with the aim to create the largest staking network in Asia. Moonstake has developed both Web wallets and Mobile wallets (iOS/Android) providing staking services. After a full-scale operation launched in August 2020, Moonstake’s total staking assets grew rapidly to reach
As warnings intensify about the need for regulation of digital assets across the UK and Europe, Gibraltar is adding to its already regulated digital ledger technology (DLT) framework with the development of a ‘10th Core Principle’, specifically for digital asset exchanges.
Joey Garcia, a partner at the international law firm ISOLAS LLP, who also sits on the boards of the Xapo and IOV Labs (RSK) groups, has brought together members of the Global Blockchain Convergence which include several other global leaders in the blockchain and emerging technology space to form a working group for the development of the new framework,
As more hedge funds pile into cryptocurrencies, market inefficiencies and price dispersion are bringing fresh arbitrage opportunities for managers.
Bitcoin’s sustained rally over the past year saw the cryptocurrency roar to a record high of more than USD41,000 in early 2021, with many investors increasingly using it as a hedge against falling real yields and inflation risks stemming from central bank quantitative easing.
But as more hedge fund managers join the digital asset arena, running a range of discretionary and quantitative strategies, the potential for alpha generation “will likely moderate” in the coming months and years, said senior Lyxor Asset
CME Group’s BrokerTec, a provider of electronic trading platforms and technology services in fixed income markets, has successfully migrated its European government bonds and repo trading platform to CME Globex.
Read the full story at Institutional Asset Manager…
Artemis Investment Management has appointed Iain MacPherson as a sales director in the firm’s Distribution team, effective March 2021. MacPherson will report to Adam Gent, Head of intermediary sales.
MacPherson will join Artemis from Comgest, where since April 2018 he has been responsible for intermediary sales in London, Dublin and the Channel Islands in both the wholesale advisory and discretionary markets. Before Comgest, Iain held various sales roles at Standard Life Investments, which he joined in 2009 as a graduate trainee.
Gent says: “We are delighted to have attracted someone of Iain’s experience, reputation and talent. He will help
K2 Advisors, the hedge fund investing unit of Franklin Templeton, says active-management alpha will be critical to hedge funds’ success this year, as the global economy mounts a tentative recovery from the coronavirus pandemic.
Brooks Ritchey and Robert Christian, co-heads of investment research and management at K2, said the Covid-driven economic slowdown appears to be nearing an end, as individuals and corporations have been able to weather the economic storm partly due to “enormous stimulus” from governments.
But they warned that vaccination challenges, virus mutations, subsequent waves of new infections, and renewed lockdowns could derail the recovery.
That, in turn,
Switzerland-headquartered global asset manager GAM, which is home to Cambridge-based quantitative hedge fund unit GAM Systematic, is set to post a CHF380 million (USD426.4 million) loss in its full-year 2020 results published next month.
The loss stems mainly from a CHF377.7 million impairment charge announced in its first half results published last August, which relates to legacy goodwill resulting from the acquisition of GAM by Julius Baer in 2005 and UBS in 1999.
GAM will also report an underlying loss before tax of around CHF15 million (USD16.8 million), compared to a CHF10.5 million (USD11.7 million) underlying profit for the full
