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Hedge fund veterans Chris James and Charles Penner are part of the founding team behind new impact investor Engine No 1, which will look to create long-term value by driving positive impact through active ownership and investment in public and private companies through multiple strategies.Founded by James, Engine No 1 has an executive team with decades of experience investing in, creating, building, and operating businesses. The firm was founded on the shared belief that a company’s ability to create long-term shareholder value depends on the investments it makes in jobs, workers, communities, and the environment.
James says: “Far too
Blockchain platform CoreLedger is enabling Finka, a Swiss advisory firm, to create the first revenue-sharing token supported by the value of cattle held at Bolivian cattle ranch, La Pradera. This industry-first move opens of opportunities for traditional investors who are now able to access a previously unavailable asset class, one that provides stable returns and diversification to their investment portfolios.
“The tokenisation of the Finka Token is unique in that it has a built-in link to a secondary market within the CoreLedger platform, where holders can convert the token into other tradable assets – literally anything from gold to oil or
MackeyRMS, a provider of SaaS-based research management software built to give fundamental investment teams an easier way to create and share investment research in real time, has appointed Sheryl Hawk as VP, Customer Success.In this role, Hawk will lead the firm’s customer success team and oversee the expansion of its data-driven, client-centric initiatives to maximise the value the firm’s cloud-based research management platform delivers to fundamental investment teams seeking to maintain a complete and real-time view of their firm’s investment research. She will report to the CEO.
Hawk brings to Mackey nearly 25 years of experience working with SaaS
Rhenman & Partners Asset Management says it is closing its Rhenman Global Opportunities L/S strategy and intends to return capital back to investors.
The fund – a global equity-based strategy which trades long and short across all industries and sectors, with a focus on value-oriented companies – has struggled with performance throughout 2020.
The strategy, which has an annual return target of 7-8 per cent – is down more than 23 per cent over the 10-month period since the start of this year.
In a statement, the Stockholm-based firm – known for its healthcare-focused investments – thanked all those investors who
Diligend, a financial data collection and analysis software provider, has laucnhed an ESG and Diversity disclosure module for Limited Partners (LPs), General Partners (GPs), consultants, fund of funds, fund managers and fund administrators. Read the full story at Institutional Asset Manager
Bitfinex, a digital token trading platform, has added euro (EUR) and yen (JPY) to Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal.
TORA, a provider of industry leading trading technology, has integrated its order & execution management system (OEMS) with global institutional investment network, Liquidnet’s IA Trader. The integration offers access to advanced artificial intelligence, data analytics tools and a broad range of Liquidnet trading algorithms.
Integrating IA Trader directly in the TORA OEMS helps equity traders enhance their decision making process at the point of trade. The system delivers actionable signals, alerts, compact stamp summaries and data visualisation capabilities that are designed to provide clients greater day-to-day efficiency and enhanced operational workflow in one holistic system.
Liquidnet’s IA Trader provides
Exactpro, a software testing provider for financial market infrastructures, has launched th2, a next-generation test automation toolkit for functional and non-functional testing of complex financial systems. The th2 toolkit is designed to enable efficient machine learning (ML)-driven testing for complex distributed transaction processing systems, such as securities trading systems and exchanges, banking, brokerage, post-trade (eg clearing, settlement, custody), and payments platforms.
th2 can withstand heavy testing loads, improving test coverage, system quality, and resilience. This is complemented by a range of enhanced data capabilities including faster data processing and unified storage of test results. This provides the ability to perform
ALPIMA, a B2B SaaS platform for investment management and product design, has launched ALPIMA Notebooks 2.0, an enhanced module that enables quant and development teams to build, develop and implement high-quality investment strategies – faster and better. ALPIMA Notebooks 2.0 supports rapid prototyping, strategy design and custom indexing for a wide group of users across banks, index providers, asset managers, wealth managers and asset owners.
Initially available to a small group of enterprise clients, a broader roll-out is scheduled for January 2021.
“ALPIMA Notebooks 2.0 provides quant and development teams with a highly flexible environment to accelerate the design, evaluation and