Latest News
The Power Spot Intraday market, as operated by EPEX SPOT, increased by 27 per cent in September to 9.1 TWh. The French market was the main growth driver and hit a new record on the Intraday with 943.2 GWh traded last month (previous record in January 2020: 933.2 GWh) while the Netherlands registered their second highest volume to date with 416.1 GWh.
On the European Power Derivatives segment, the Options market volumes rose significantly to 4.7 TWh, recording triple digit growth compared to the same period last year (September 2019: 537.7 GWh).
The Hungarian (+30 per cent), the Dutch (+92 per
Geneva-based specialist asset manager Quaero Capital has hired Eric Daniel as Fund Manager. Supported by two dedicated analysts, he is in charge of managing the Global Convertible Bonds strategy whichlaunched in May. Prior to joining Quaero Capital, Daniel was a Partner with London-based alternative asset manager Tyndaris, where he co-managed a similar fund.
Daniel has 22 years of experience in convertible bonds at several leading global investment banks such as Merrill Lynch and Deutsche Bank. He launched the continental European branch of KBC Financial Products in 2000. He was also Head of Derivatives and Convertible Bond Sales at Citigroup in
Diginex Limited, a digital assets financial services company, has named a new Board of Directors, following its listing and commencement of trading on Nasdaq. Read the full story at Institutional Asset Manager…
Technology-driven global institutional investment network Liquidnet has Investment Analytics (IA), its third business offering.
Fund administrator Opus has upgraded its proprietary client dashboard with the release of Symphony 3.0. The platform includes a sleek, intuitive design, aiding better navigation and utilisation.
The Lyxor Epsilon Global Trend Fund, Metori Capital’s long-running systematic managed futures strategy, remains well up in 2020, comfortably outperforming CTA benchmarks as trend-following hedge funds were caught out by reversals across across FX, commodities and equities in recent weeks.
Epsilon Global Trend has gained 7.7 per cent over the nine-month period since the start of January, despite sliding 0.63 per cent in September. Its volatility level remains under 8 per cent. By comparison, the SG Trend Index, which measures the net daily rate of return for a pool of trend following hedge funds, slumped more than 2.5 per cent
Public company data providers Activist Insight and Proxy Insight are to merge to form Insightia.Read the full story at Institutional Asset Manager…
Options, a provider of cloud-enabled managed services to the global capital markets, has confirmed day one connectivity for all clients into the National Market System’s (NMS) new low-latency network, NMS NET, located in the Mahwah data centre in New Jersey.This new 40 Gbps network, available through Consolidated Tape Association (CTA) and Options Price Reporting Authority (OPRA), enables clients to access essential consolidated data feeds with materially improved network performance, reducing shared market latency to best possible latency. Options’ clients were transitioned seamlessly to NMS NET for start of day trading this past Monday, September 28th, utilising its improved speed from
Brummer & Partners’ multi-strategy hedge fund flagship was on track for a marginal September rise, the Swedish hedge fund pioneer said on Friday morning, as strong gains in equities-focused funds were offset by faltering trend-following strategies – but the BMS vehicle remains comfortably in the black year-to-date.
The long-running Brummer Multi-Strategy (BMS) fund – which invests in a range of single-strategy hedge funds – was set for a 0.2 per cent gain in September, bringing its year-to-date return to 4.4 per cent. Meanwhile, the Brummer Multi-Strategy 2xL twice-levered version notched up an estimated 0.4 per cent rise in September, to bring
In 2016, SEI issued a paper on what it saw as five major innovations that were causing disruptions both within and outside of their respective industries. The company has revisited those themes, namely: Watsonisation, Googlisation, Amazonisation, Uberisation and Twitterisation, to provide an up-to-date picture of the innovations occurring in our industry today. Over the next few months SEI will share its findings and recent developments for each theme. First up: Watsonisation…
