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In this podcast produced by Hedgeweek, in association with SEI, we examine how AI is shaping the future of the asset management industry on the back of SEI’s recent white paper, Watsonisation 2.0: The Exponential Pull of Innovation.
In an in-depth conversation with Hedgeweek’s editor-in-chief James Williams during last week’s Hedgeweek LIVE Europe summit, Charlotte Thorne, founding partner and co-chair of Capital Generation Partners, discussed how diversity and inclusion are reshaping the hedge fund industry, and explored some of the challenges and opportunities for firms arising from this growing trend.
Meraki Global Advisors has appointed David C Laub Jr as a senior trader in the New York office. Meraki’s client base has expanded among the tri-state multi-asset hedge fund community since the establishment of its New York outpost in April 2020, led by the firm’s Head of Business Development, Michael Ashby.Laub’s expertise across asset classes will further enhance the services Meraki provides to its sophisticated client base.
“We are excited to welcome David to the Meraki team,” says Gregory Sutton, COO at Meraki Global Advisors. “As a 20 year veteran of the hedge fund industry, he has valuable expertise across
ACA Compliance Group (ACA), a provider of governance, risk, and compliance advisory services and technology solutions for financial services firms, has launched ComplianceAlpha 2.5. Available now, ComplianceAlpha 2.5 provides firms globally with the ability to gain deeper insights into potential risk and opportunity across the enterprise through customisable dashboards, automated reports, and the integration of ACA’s Decryptex trade surveillance and market abuse detection functionality.
The ability for chief compliance officers (CCOs) to ensure they have comprehensive oversight into their compliance programs has never been more critical than in the work from home environment triggered by the COVID-19 pandemic. Regulators, boards, management,
Managed futures funds posted a second straight losing month in October, down 0.30 per cent for the month, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year-to-date, CTAs were up 1.53 per cent through October.“A surging wave of new coronavirus infections took its toll on equity markets in October,” says Sol Waksman, president of BarclayHedge. “Although China’s economic rebound contributed to gains in some commodity markets, it was not enough to overcome CTA losses resulting from a downturn in the value of equities and the US dollar.”
Most CTA sectors gave up
The funds industry in Malta has best positioned itself to attract business from fund managers falling out of the scope of the EU Alternative Investment Fund Managers Directive (AIFMD), managing portfolios within the small-to-medium sized space. This is the area of the industry expected to attract the majority of future investments. Managers looking to take advantage of opportunities arising during the global pandemic, also benefited from the quick time to market the jurisdiction offers through certain fund typologies unique to the Maltese domicile.
“The Professional Investor Fund (PIF), which is the structure Malta offers these smaller managers, is attractive for
High set up costs could stymie the fortunes of emerging and start up managers before they even make their first step. Malta offers such organisations the opportunity to set up their business in a low-cost jurisdiction while taking advantage of the high touch service they would benefit from due to the size of the industry.
“Malta is well placed to attract small and medium sized business. The island is attractive to these funds where high cost would really impact their total expense ratios and make medium to long-term viability impossible. I don’t see any reasonable manager or fund with just
Q&A with Ivan Grech, Chief Operations Officer, FinanceMalta
What are the key trends currently driving growth and development within Malta’s funds industry?
Malta has always been attractive in the alternative space for the small-medium sized managers, thanks to the introduction of the Professional Investor Fund Regime, alongside various advantages including cost efficiencies, a pro-business regulator, time-to-market consideration, etc; factors which together create the right environment and render the Maltese jurisdiction an interesting and compelling one, particularly for alternative managers.
Furthermore, with what seems to be an increasing investor preference to opt for onshore regulated structures, we are receiving a number of
US Bank has opened an office in Luxembourg office, provides fund accounting and administration, domiciliation, depositary and custody-related services for Luxembourg-domiciled funds.Read the full story at Private Equity Wire…
CloudMargin, creator of a collateral and margin management solution native to the cloud, has appointed Mario Platt as Vice President, Head of Information Security. Read the full story at Institutional Asset Manager…
