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Real time data from SIX’s catalogue, which includes 1,800-plus global exchanges and trading venues, is now available via the Xignite Enterprise Microservices offering.
Read the full story at Institutional Asset Manager…
Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit, are partnering to automate the calculation of margin estimates within thinkFolio.
The collaboration will, for the first time, provide advanced pre-trade analytics for over-the-counter (OTC) and exchange-traded derivatives directly within thinkFolio from IHS Markit, the leading multi-asset class investment management platform.
Global regulatory updates such as EMIR and Dodd-Frank have resulted in a meaningful shift for front-office operations at investment management firms. They, along with Uncleared Margin Rules (UMR), call for investment firms to post Initial Margin (IM)
Altana Wealth, the credit, currency and special situations-focused hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, believes its specialist corporate bond strategy is well placed to generate further gains following a strong second quarter performance.
The firm’s Altana Corporate Bond Fund – which trades a range of short-duration investment grade and opportunistic high-yield and event driven credit themes globally – made 2.5 per cent in June, and rose more than 9 per cent overall during Q2.
The gains partly eased sharp losses suffered during the Q1 sell-off. But the fund’s USD share class was still down more
CIAM, the London and Paris-based activist hedge fund, has hit out at Ontex Group NV over what it sees as financial underperformance and a lack of strategic direction, and is calling for a shake-up of the Belgian personal hygiene products manufacturer’s board.
Alger Management’s Alger SICAV – Alger Dynamic Opportunities Fund has been selected as a constituent in the HFRX Global Hedge Fund Index.The Alger Dynamic Opportunities Fund is a long/short hedged equity fund that invests primarily in US-domiciled companies. It aims to provide investors with long term capital appreciation, downside protection, and lower volatility. Investors in the Fund have access to two premier growth equity managers—Fred Alger Management, LLC and Weatherbie Capital, LLC—that have a combined 25-plus years of hedged equity experience. The portfolio management team is led by Alger CEO and Chief Investment Officer Dan Chung, CFA.
The HFRX
Eventus Systems, a global trade surveillance and risk management software platform provider, has appointed Joseph Schifano as Global Head of Regulatory Affairs, Mikhail Gasiorowski as Sales Director, North America, and Diane Imas as Director of Marketing. Schifano is an attorney with more than 20 years of experience in market surveillance matters, most recently as Deputy General Counsel and Global Chief Compliance Officer (CCO) of Tower Research Capital in New York, along with senior regulatory roles at two global banks and the New York Stock Exchange (NYSE).
Schifano, Gasiorowski and Imas are all based in New York and report respectively to
The London Derivatives Exchange (LDX) has selected exchange tech specialist Exberry to provide matching engine technology. The partnership will enable LDX to launch global markets and cover a wide spectrum of asset classes.Digital assets have emerged as an attractive new investment class, especially since the pandemic, and demand for alternative secondary market trading opportunities is increasing. Exberry’s infrastructure aims to overcome the limitations of current exchange technology by delivering a platform designed to help any asset class launch markets, pivot, and scale.
LDX will leverage Exberry’s platform to provide technology for a wide variety of asset classes – from new
Danel Capital, an AI-driven analytics company, has partnered with Crux Informatics (Crux) to offer the Danel AI Score S&P 500 predictive stock scoring dataset to customers around the world. It will be available via Crux’s cloud-based data delivery platform, which connects financial companies with leading data suppliers.
Danel Capital is an AI company that uses machine learning and big data to produce predictive datasets, with the goal of helping improve the stock selection process in the asset management industry. These datasets can enable asset managers to access predictive scores for every stock of the S&P 500 index, rating the probability of
The SS&C GlobeOp Forward Redemption Indicator for July 2020 measured 2.64 per cent, down from 4.24 per cent in June.“SS&C GlobeOp’s Forward Redemption Indicator for July 2020 of 2.64 per cent is in line with long-term averages and compares favourably to the 2.69 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This month marks another strong result for hedge fund asset retention, which thus far has proven highly resilient in the face of the COVID-19 outbreak.”
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors
Algebris Investments, the London-based multi-strategy credit and equities-focused hedge fund firm headed by Davide Serra, is diversifying its positions across credit markets amid a still-fragile recovery and “eerie mood” among investors.
The Algebris Global Credit Opportunities Fund – formerly known as the Algebris Macro Credit Fund – has increased its exposure to inflation-linked debt and convertibles in recent weeks, while maintaining upside convexity in gold.
Alberto Gallo, head of macro strategies at Algebris and portfolio manager of the Algebris Global Credit Opportunities Fund, said the strategy has also taken positions in idiosyncratic special situations in credit, which offer uncorrelated upside.
