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Northern Trust has launched of its next-generation investor portal for alternative asset managers, offering updated data feeds, customised views and analysis.Increasingly, investors seek digitised investment data to move away from paper and toward cloud-based platforms that offer 24/7 access to their portfolio information in order to empower their decision-making process. Built in partnership with fintech provider InvestCloud, the investor portal enables alternative asset managers to provide a powerful data experience to their investors while gaining a deeper understanding of their investor base.
“We aim to be an extension of our clients’ business and understand the significant role that technology plays
Covid-19 put an abrupt stop to the road shows and in-person meetings that drove the traditional capital raising process. As the world locked down, most firms turned inward and put a pause on the capital raising process. Hedge fund consulting firm Agecroft Partners quickly shifted its business model to develop new strategies to raise capital for their hedge fund clients and enhance their reputation with large institutional investors globally. Agecroft’s decision to quickly adapt contributed to its winning 72 per cent of the votes for Hedge Fund Third Marketing Firm of the Year at the Hedgeweek US Awards 2020. This is
The European Energy Exchange (EEX) has been re-appointed by the European Commission as the common auction platform (CAP) for EU ETS emission allowances, following the successful participation in the tender process.The European Commission has signed a contract with EEX and its clearing house European Commodity Clearing (ECC) for running Europe-wide primary market emissions auctions for another period of up to five years. The auctions will be held on behalf of 25 EU Member States, three EEA EFTA states as well as for the Innovation Fund and the Modernisation Fund.
Peter Reitz, Chief Executive Officer of EEX, says: “We look forward
Digital asset exchange operator CrossTower has announced USD150 million traded on its platform since its launch in May, and a record USD60 million in volumes traded in October. This makes CrossTower one of the fastest growing exchanges in the US, based on the value of instruments traded. CrossTower’s platform has been methodically built for institutional and individual investors with best-in-class safeguards, services and technologically advanced capabilities.
“The rapid rise of our trading volumes is a testament to our leadership in building a credible exchange and our commitment to compliance,” says Kapil Rathi, CEO of CrossTower. “Our bench strength and the rigour
Investor allocations to hedge funds have fallen for the third consecutive year – but the industry’s ability to weather economic turbulence and market volatility through active management will continue to attract investor attention, according to two new industry studies.
Hedge funds have notched up positive returns in recent weeks, positioning around the investment uncertainty surrounding the US presidential election and fresh Covid-19 lockdowns with gains inversely correlated to the sharp stock market declines seen at the end of October.
New data from Hedge Fund Research shows the industry as a whole was up 0.4 per cent last month, which took the HFRI Fund Weighted Composite Index’s year-to-date performance to 1.2 per cent.
As governments reimposed lockdowns in a bid to contain a renewed increase in coronavirus cases in many countries, HFR president Kenneth Heinz described October’s performance as “impressive”.
AccessFintech, a fintech company evolving the financial operating model through data and workflow collaboration, announces the launch of has launched a new derivatives cash payments affirmation service, working with Goldman Sachs.Read the full story at Institutional Asset Manager…
Buoyed by growing institutional appreciation of the potential of digital assets, ByteTree Asset Management has launched with the aim of offering professional investors means to access the asset class in a regulated manner, with the highest quality operational and legal structures. Read the full story at Institutional Asset Manager…
Jenny Chen has been appointed as Managing Director, Head of Sales in the Americas a big xyt, an independent provider of market data analytics and smart data solutions. Read the full story at Institutional Asset Manager…
Tether.to, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has risen above USD17 billion in market cap.Read the full story at Institutional Asset Manager…
