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CARL has bolstered its list of quantitative strategies previously only available to institutions and the uber-wealthy, with the addition of Victory Peak from Alphatative which is managed by David Bush.
This is the first time this sophisticated quant strategy has been made available to all investors for less than the traditional USD1 million buy-in. Investors can join Victory Peak for as low as USD20,000 through the CARL mobile app, which is available in the Apple App store with an Android version coming soon.
“We’re thrilled to be working with David and Victory Peak. I know we’re both excited to be
Creighton AI, a west coast quant equity fund manager which launched its computer-driven global long/short strategy earlier this year, has named Ryan Willson as chief executive officer.
Willson (pictured) was previously head of North America at the San Francisco- and London-based quantitative investment firm, which specialises in systematic global equity long/short and long-only strategies using proprietary machine-learning algorithms.
Before Creighton AI, Willson – who has some 25 years’ experience building boutique investment firms – was CEO of Lateef Investment Management, whose assets grew from USD300 million to USD6 billion. Earlier in his career, he held roles at Merrill Lynch and
CQS, Sir Michael Hintze’s (pictured) long-running multi-strategy credit-focused hedge fund firm, has launched a new actively-managed strategy which aims to generate higher returns across corporate sub-investment grade opportunities against a backdrop of increased volatility and unpredictable markets.
The CQS Total Return Credit Fund targets a range of geographies, asset classes and sectors, across various ratings classes, using a bottom-up, fundamental research process.
The UCITS compliant strategy – managed by Craig Scordellis, head of multi-asset credit, and Darren Toner, head of high yield investment grade and financial portfolios – will use an unconstrained investment approach to scope out the strongest opportunities
Blank Rome has appointed Anthony (Tony) R Callobre as a partner in the Finance, Restructuring, and Bankruptcy practice group and Financial Services industry group in the firm’s Los Angeles office.
Read the full story at Institutional Asset Manager…
Trium Ireland, a full scope AIFM and UCITS Management Company (ManCo), has hired risk specialist Shauna Brady, as it seeks to capitalise on the increasing demand for the structuring of UCITS and AIF solutions.
Read the full story at Institutional Asset Manager…
Vela, an independent provider of data and execution technology for global multi-asset electronic trading, has added the Cboe One Feed to its normalised market data service, SuperFeed.
Vela’s SuperFeed is a fully managed, low-latency market data feed that delivers high-quality, normalised real-time data via a single source with industry-leading levels of performance, availability, and reliability. Offering an exceptional blend of fast delivery and scalability, SuperFeed is designed to simplify and speed up clients’ access to data and is available from Vela’s data centres and via all major managed infrastructure providers. In support of the growing demand for real-time market data
Hedge fund Alden Global Capital (Alden) is to acquire all of the outstanding shares of the common stock of Tribune Publishing, owner of the Chicago Tribune, the New York Daily News and other local newspapers, for USD17.25 per share in cash.
Alden currently owns 11,554,306 shares of Tribune common stock, representing 31.6 per centof the Company’s outstanding shares.
The purchase price represents a premium of 45 per cent to the closing price of Tribune common stock on 11 December, 2020, the last trading day prior to receiving Alden’s proposal, a premium of approximately 35 per cent to the closing price
ICM.com, a UK-based global multi-regulated financial service provider, has launched a new platform that gives access to several stock markets worldwide with assorted sectors.
Read the full story at Institutional Asset Manager…
Glue42, a provider of integrated desktop solutions for financial institutions globally, has released a new version of its open-source platform, Glue42 Core.
Read the full story at Institutional Asset Manager…