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Tether Gold (XAU₮), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has been listed on BTSE, a financial technology exchange, as demand increases for around-the-clock exposure to the precious metal.
BTSE is the third cryptocurrency exchange to list XAU₮, which is growing in popularity as a trusted, liquid and accessible means of obtaining exposure to gold. XAU₮ is available for purchase or sale 24 hours a day, seven days a week on BTSE’s All-In-One Order Book, which combines multiple trading pairs in one location. These include Tether Gold/US Dollar (XAUt/USD) and Tether Gold/Tether (XAUt/USDt).
“Tether Gold
FundRock Management Company, a European third-party UCITS Management Company (ManCo) and Alternative Investment Fund Manager (AIFM), has launched a new unbundled service to assist asset management firms in managing the liquidity of their portfolios during the Covid-19 crisis and over the long term.The rollout of the service – believed to be a first for an independent pan-European third-party ManCo and AIFM provider – is available to EU and non-EU asset managers managing EU funds for which FundRock is not acting as Man Co/AIFM. Its launch comes as regulators globally prepare to implement new guidelines for liquidity management.
FundRock’s large
O’Neil Global Advisors (OGA) and affiliates William O’Neil Investment Management Shanghai Ltd and O’Neil Capital Management India Pvt Ltd have launched a family of investment funds utilising algorithmic trading strategies based on proprietary quantitative factor research pioneered by William J O’Neil.O’Neil Global Advisors launched three funds in February 2020 that capture the success of Mr O’Neil’s disciplined approach to investing and is currently seeking qualified investors. The company’s data scientists and engineers utilise a database with more than 100 years of market and stock information to build proprietary metrics that help identify stocks poised to generate alpha. The funds include
Refinitiv is adding Bank Bills pricing information to its real-time data feed, thanks to its newly-expanded partnership with trading platform Yieldbroker. Customers will receive critical information relating to short-term funding, balance sheet management, along with hedging strategies and necessary instrument valuation and risk management.
Read the full story at Institutional Asset Manager…
Evenlode Investment, an Oxfordshire-based independent investment manager, has added experienced global equities specialist, James Knoedler, to its global equities team.
The alternative investment industry is coming together to aid relief efforts for the victims of Covid-19.From 15 June to 2 July, 2020, iConnections, a provider of customised networking software ands solutions for financial services firms, will host Funds 4 Food – an online fundraiser that will facilitate a series of private capital introduction meetings between alternative investment managers and allocators. All proceeds from event registrations will be donated to charities focused on COVID-19 hunger relief.
“Recognising the devastating increase in the number of people who are facing food insecurity as a result of the pandemic, I realised I was sitting on a powerful
The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has welcomed the decision to end the short selling bans introduced across Europe and commends authorities’ efforts to return to normal operations of fair and orderly markets in the region.This morning ESMA confirmed the welcome decision that those member states who had implemented a short-selling ban would not be renewing, and instead withdrawing, those restrictions as of midnight (CEST) 18 May, 2020.
The WFE’s paper – What does academic research say about short-selling bans? – finds that the academic evidence almost unanimously points towards short-selling bans being disruptive for the
While volatility-focused hedge funds can often experience dramatic swings in performance, the long lean periods punctuated by sporadic surges in returns, Dominicé & Co Asset Management, a Geneva-based volatility-focused manager, has seen its long-running Cassiopeia fund flourish with consistency.
Dominicé, which was founded in 2004 by ex-Lombard Odier head of US and global equities Michel Dominicé, today manages some USD900 million in assets, its products spanning a range of investment strategies, including volatility, equities and real estate, as well as wealth management services.
The firm’s long-running equity volatility and derivatives-focused strategy, Cassiopeia, takes a defensive approach to markets, aiming to
The benefits of digitalisation in the public and private markets are being explored by market infrastructure company The Depository Trust & Clearing Corporation (DTCC), to see whether new technologies can strengthen post-trade processes.
Read the full story at Institutional Asset Manager…
Outsourced trading solutions provider Tourmaline Partners has received a majority investment from Copley Equity Partners, a private investment firm that focuses on established businesses with significant growth prospects.
