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Cowen Inc has announced several key hires and a significant product enhancement in response to strong growth at UK-headquartered trading platform Cowen Execution Services Limited (CESL). Since launching with an experienced team of trading professionals in October 2019, CESL has seen impressive growth in the depth and breadth of trading on its platform, already executing USD75 billion in non-dollar trades.
Matt Cyzer, CEO of CESL, says: “Over the past four months, as the pandemic has caused such volatility in global markets, institutional clients have consistently turned to Cowen, resoundingly validating our core, collaborative culture and value proposition. Today, more than ever,
Independent investment manager, Cerno Capital Partners (Cerno) has appointed Richard Chenevix-Trench, to its Investment Advisory Committee.Chenevix-Trench was previously CIO and partner of hedge fund, Sloane Robinson, which specialises in emerging and Asian markets equities. He has also held senior roles with Baring Asset Management in Asia and the UK, running its Asia Pacific and Hong Kong funds, and with SG Warburg.
Cerno’s Investment Advisory Committee comprises: Miles Geldard, Russell Napier and Richard Oldfield.
Nicholas Hornby, Managing Partner, Cerno Capital Partners, says: “We are thrilled to welcome someone of Richard’s experience and expertise to our Investment Advisory Committee. His immense knowledge of global
Triad Securities Corp, a full-service, agency-only brokerage firm, has issued its Q2 2020 Quarterly Snapshot on US IPOs and secondary offerings.Published in conjunction with Argus Research, the report provides ECM (equity capital market) trends along with tables showing the performance of the largest Q2 2020 IPOs, the most promising upcoming IPO candidates, the top 20 Unicorns and top 20 underwriter performance.
In the second quarter, the IPO and Secondary market roared back to life, with the total number of IPOs (46) exceeding those from Q1. High-quality companies came public in Q2 and the ratio of positive issue-opens to negative-issue opens
The price of natural gas is predicted to surge amid stalling US production levels, says Russell Clark Investment Management, London-based global equities hedge fund.
Russell Clark’s contrarian long/short firm, which is well-known for its bearish calls in global stock markets, is betting on natural gas prices to spike as a result of tightening supply heading into the winter months.
Earlier this year, Clark suggested future rises in the cost of natural gas following the oil price crash could squeeze utilities’ profits – with US companies proving a lucrative short bet for hedge funds.
Now, the long-running firm – which was
Graham Capital Management, the long-running US quant hedge fund manager, is launching its multi-asset diversified quant strategy, the Graham Quant Macro fund, on Lombard Odier’s PrivilEdge UCITS fund platform.
McKay Brothers International (MBI) has expanded its lowest known latency private bandwidth services to Busan with hybrid microwave/fibre private services between Illinois and Busan as well as between Tokyo and Busan. Both services are offered at the lowest known latency.Tad Beckelman, McKay’s Director of Asia, says: “Korean financial markets have always been supported by strong group of local traders. The more recent growth in interest from international firms has only added to its importance as a global financial marketplace. Access to the lowest latency telecom is critical for market participants.”
Francois Tyc, MBI Managing Director, says: “A founding principle of
Apex Group is now delivering corporate services locally to clients in the UAE.Read the full story at Private Equity Wire…
OQ Fund Management has deployed TORA’s OEMS software & functionality. The global trading platform for hedge funds & asset managers is known for its multi-asset, multi-region & unrivalled interoperability with other systems.
Westbeck Capital, a London-based oil-focused hedge fund, continues to generate stellar double-digit returns in 2020’s lively energy markets, and believes short-term mis-pricings in oil equities offers further buying opportunities ahead of a potential price recovery later this year.
The firm’s Westbeck Energy Opportunity Fund – managed by co-founders Will Smith, CEO and former partner and head of natural resources at Sir Michael Hintze’s multi-strategy hedge fund CQS, and CIO Jean-Louis Le Mee, ex-founding partner of BlueGold Capital – gained almost 9 per cent in June.
That rise was the fourth consecutive month of positive returns for the strategy, which has
iM Global Partner has launched the US Small and Mid Company Growth fund as part of the OYSTER range. The fund is managed by Polen Capital, which has more than 31 years of experience investing in high-quality growth companies. The strategy targets high-quality small and medium-sized companies with attractive growth characteristics, predictable cash flows, and sustainable high returns on capital. The strategy seeks to benefit from both the inherent growth advantage of investing early in a company’s lifecycle and long-term compounding. The OYSTER US Small and Mid Company Growth fund replaces the OYSTER US Selection fund on the platform, allowing European
