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Man Group has seen its funds under management tumble 8 per cent this year, as investment performance took a hit and investor redemptions spiked during the coronavirus crisis – but CEO Luke Ellis says the London-headquartered publicly-traded hedge fund group remains well-positioned despite 2020’s ongoing challenges.
Equiom has acquired HF Fund Services Ltd, a provider of non-executive independent directors to alternative investment funds and investment management companies which was founded in 2007 by Sean Flynn and Patrick Harrigan.
RFA, a specialist in the cloud and cyber security technology and digital transformation, has launched a new Managed Data Services offering.
CoinShares Capital Markets is to integrate a sidechain-based settlement network designed by Blockstream, to enable digital asset trading between Liquid-enabled exchanges.Read the full story at Institutional Asset Manager…
Diginex has announced the public launch of its digital asset exchange EQUOS.io, which has been built to institutional-grade specifications and designed to improve the experience of trading digital assets for all market participants. The launch of the exchange is another important milestone for Diginex in advance of the planned business combination with 8i Enterprises Acquisition Corp, the NASDAQ-listed special purpose acquisition company (Nasdaq: JFK), which, upon expected completion in the third quarter of 2020, will offer investors the opportunity to participate in the growth of this emerging asset class via the public markets.
The EQUOS.io platform will feature a fully
Albar Capital, a London based absolute return Investment Manager, has gone live on Fund Recs Velocity platform to automate position reconciliations. Velocity is a set of cloud-based software modules that helps investment managers, global fund administrators and auditors to achieve straight through reconciliations and data processing in their middle and back offices.
Rajesh Krishnan, Head of Operations at Albar Capital, says: “We are delighted to partner with Fund Recs to implement Velocity to automate our position reconciliations. Velocity has made our team more efficient by eliminating manual processes, reducing risk of errors and ensuring automation throughout our reconciliation process.”
Appital, the Equity Capital Marketplace, has built and deployed its desktop application on the OpenFin operating system (OS). Appital aims to brings transparency and automation to Equity Capital Markets (ECM). The Appital platform allows buy side firms to gain greater exposure to deal flow opportunities they have not been able to access before, helping portfolio managers and heads of trading build a comprehensive picture of liquidity, including highly illiquid, small and mid-cap stocks.
The Appital platform enables deal participants to uncover and unlock liquidity, while providing deal originators with the opportunity to execute large volumes, often in excess of 5 days
Hedge fund short sellers could soon be circling the troubled Russian gold miner Petropavlovsk, after Polygon Global Partners built a sizeable short bet in the London-listed company, which is facing major governance issues.
BACCI Investment Solutions, a discretionary financial services provider based in South Africa, has launched its inaugural Irish UCITS fund, the BACCI Global Equity Fund, on the Prescient Global Funds ICAV platform.
The UCITS compliant fund aims to achieve optimal and consistent returns over time, investing in global equity markets. BACCI Investment Solutions aims to invest in quality companies with good long-term prospects, a credible track record and a robust business model. They utilise a solid fundamental analysis approach over time, aiming to minimise any style bias, resulting in a concentrated yet well-diversified portfolio. The reference benchmark is the MSCI World
State Street’s foreign exchange and fixed income best execution analytics platform BestX has launched a post-trade transaction cost analysis (TCA) module for equity markets.
Read the full story at Institutional Asset Manager…
