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As hedge funds become more comfortable with cloud database technology, the opportunity for new, more efficient ways of sharing data between organisations is starting to become a reality.
Across the hedge fund industry, several data exchange processes remain tied to legacy systems. There are established ways of how data moves between buy-side and sell-side firms, primarily via data files. However, according to Dmitry Miller, SVP of Product Management at Arcesium, change is on the horizon.
“I anticipate more data exchange processes in the industry will move to leverage cloud technology,” he comments. “Going forward, many traditional or legacy processes will
By A Paris – 2020 may have been a rude introduction to the world of remote working, but the months of travel restrictions and the shift to virtual working have proved to the fund management industry that alternatives to traditional full-time office set-ups can indeed work. Technology oiled the wheels for changing the way organisations operate and continues to play a significant role in their strategy going forward.
This transition has also broadened the scope for how international alternative asset managers recruit staff. Geographical location is no longer a barrier for some, meaning the pool of potential professionals to choose from has
Licensed fund manager, The Panxora Group, is now accepting subscriptions for the launch of a quantitative hedge fund designed to generate profits from the rapidly growing decentralised finance or (DeFi) token market. The fund will start trading on Monday, 2 November, 2020.
Panxora has launched the Cayman Island based DeFi Fund to give investors access to the decentralised finance market opportunities, while managing the volatility that is a characteristic of any new, rapidly growing market. This is made possible by Panxora’s AI trading software, which is designed to give equal weight to profit generation and capital preservation. The models have
Hedge funds experienced a second straight month of inflows in July, bringing in USD10.5 billion as the industry continued to shake off spring’s pandemic-driven redemption trend.
July’s new assets built on June’s USD15.1 billion in inflows.
July’s inflows represented 0.3 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
With a USD32.1 billion trading profit in July, total hedge funds industry assets stood at nearly USD3.26 trillion as July ended, up from USD3.11 trillion a month earlier.
Data from 6,900 funds (excluding CTAs) in the BarclayHedge database showed Balanced
With the ripple effect of Covid-19 still being felt in the global economy, investment opportunities in high yield credit, and in particular distressed credit, have been numerous as investors seek out higher yield, at a commensurate higher risk.
Sector- and credit-specific bond selection will become increasingly important for investors amid a surging wave of new issuance, as companies look to raise more money to combat the coronavirus fall-out, according to managers at London-listed global hedge fund giant Man Group, who suggested government bonds could prove “an attractive alternative.”
Corporate bond issuance has far outweighed the traditional muted summer volumes lately, with US gross investment grade corporate bond issuance reaching USD440 billion between June and August – some 80 per cent higher than the USD240 billion 10-year average.
In a commentary on Tuesday morning (22 Sep), Man GLG –
Deutsche Börse, Citi and Deutsche Bank have led a USD15 million fundraising round in CloudMargin, provider of a collateral and margin management solution native to the cloud.Read the full story at Institutional Asset Manager…
Fintech Canoe Intelligence, a specialist in data management processes for alternative investors and allocators, has appointed Jason Eiswerth as its new CEO.
causaLens, a deep-tech company predicting and optimising the global economy, has released the World’s first causal Artificial Intelligence (causal AI) enterprise platform. causaLens says its platform defines a new category of machine intelligence and that its next generation AI engine harnesses an understanding of cause and effect relationships to directly optimise business KPIs.
“Businesses investing in the current form of machine learning (ML), eg AutoML, have just been paying to automate a process that fits curves to data without an understanding of the real world. They are effectively driving forward by looking in the rear-view mirror,” says causaLens CEO Darko Matovski.
Centaur Fund Services has appointed Louise Lawlor as Group Chief Financial Officer. Based in Centaur’s Dublin headquarters, Lawlor will lead Centaur’s global financial operations, finance teams and activities.Prior to joining Centaur, Lawlor worked at Key Capital, one of Ireland’s leading wealth, investment and corporate advisory firms, where she advised financial services businesses on mergers and acquisitions, capital raisings and other strategic initiatives. Lawlor trained as an accountant in PwC’s asset management practice where she worked with a diverse range of private equity, hedge fund and mutual fund clients across the Dublin and New York offices. Louise also spent two years
