Latest News
Style Analytics, a London and Boston based factor analysis firm, has added 24 new global asset owners and managers to its roster of industry-leading clients over the past nine months and 41 of its historical clients have increased their subscriptions for new products and modules.Read the full story at Private Equity Wire…
This is the third in a series of four articles from the DMS Client Solutions Team, bringing you a unique perspective on the challenges and opportunities presented by the shifting European regulatory landscape. In last week’s article Daniel Forbes explored explored the evolving landscape in Ireland for Fund Management. This week, David Morrissey (pictured), DMS Global Head of Client Solutions, offers his unique personal perspective on the evolution of the third party management company sector.
Cappitech, a provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, has appointed Fabrice Bensimon as Sales Manager for Switzerland, France, Luxembourg and Belgium.Read the full story at Institutional Asset Manager…
Highbridge Capital Management (Highbridge), a wholly owned subsidiary of JP Morgan Asset Management, has held the final closing of the Highbridge Convertible Dislocation Fund with total investable capital of more than USD2 billion, including approximately USD685 million in equity commitments.In response to convertible market dislocations that commenced in March, the Fund was formed to invest in relative value and event driven convertible instruments with a focus on North America and Western Europe. This mandate is consistent with Highbridge’s longstanding commitment to relative value alternative investment strategies. The Fund, which began investing in June 2020, is approximately 50 per cent invested.
Greg Knapp has rejoined fund administrator Opus Fund Services as VP, Business Development. Based in Austin, Texas, Knapp has extensive experience in the fund administration space and has built very strong relationships in the fund services industry. He was previously with Opus from 2009-2015 and, after living in San Francisco for over 20 years, has recently relocated to Austin.
“We are very excited to welcome Greg back to Opus. As Opus continues to grow quickly, Greg is a natural fit as we seek to accelerate our organic growth and further the firm’s presence”, says Jorge Hendrickson, Chief Revenue Officer at Opus.
Specialist research firm RegTech Analyst has named Eventus Systems, a global provider of multi-asset class trade surveillance and market risk solutions, to its global 2021 RegTech100 List. It’s the third consecutive year Eventus earned a place on the selective list of the world’s most innovative solution providers that address the challenges of regulatory pressures within financial services.
Eventus is one of 29 US regulatory technology (RegTech) companies to secure a spot on the list and among less than two dozen firms selected for three years running. The list this year highlights companies from 23 countries that are transforming compliance, risk
This year’s Covid-19 stock market upheaval has revealed an “Achilles’ heel” in quantitative hedge fund models that use traditional factors such as momentum and value, as machine-based strategies have struggled against “unique new drivers of stock returns that don’t fit the academic models”, says Man FRM.
2020 proved to be a “blow to the head” for factor-based quantitative equity analysis, Man FRM observed in its ‘Early View’ commentary on Wednesday.
Quant equity hedge funds which trade traditional factors have struggled amid the dominance of a new “Covid factor” this year, with “near-consistent disappointment” in the form of “losses at the
Prime Trust, a B2B financial infrastructure platform for payments, custody and settlement of alternative assets, has launched Prime Liquidity – a turnkey API-based liquidity engine that enables any fintech app to buy, sell, and hold cryptocurrency.Read the full story at Institutional Asset Manager…
Quant Insight Limited (Qi), a macro data and analytics firm, and AkinovA Limited (AkinovA), an electronic marketplace for the transfer and trading of insurance risk, have formed a partnership to enable the construction of new and more precise risk transfer products with an understanding of how a range of macro-economic risks such as climate change impact those transactions.Read the full story at Institutional Asset Manager…