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FlexTrade Systems, a specialist in multi-asset execution and order management systems, has appointed Paul Beatty, a former Bloomberg Tradebook vet and industry veteran with over 25 years’ experience in FX, as Director of Business Development.Based in FlexTrade’s New York office, Beatty arrives at FlexTrade bringing extensive market knowledge, analytics, and technical abilities to his new role as Director of FX Business Development. Most recently, he was a Managing Director at technology provider Spotex, and a Director at TP ICAP. Prior to this, Beatty has spent 17 years as a Global Managing Director Tradebook FX at Bloomberg. Whilst managing the global
Visible Alpha, an investment research technology firm, has launched ‘standardised industry metrics,’ a proprietary data set that enables market participants to quantify and compare market expectations for companies across 184 industries. With over 90,000 industry-level financial and operating metrics, Visible Alpha Insights will improve how relative analysis is conducted.
By taking its granular company data, consisting of 900,000 individual company-level concepts used for single-security analysis, Visible Alpha has created comparable lines at an unprecedented level of detail to allow market participants to compare companies within a peer group on key industry drivers. The standardised industry metrics data set includes analyst and
As sustainable investing and ESG (environmental, social, and governance) trends continue to soar among hedge funds, new research by BlackRock suggests a majority of ESG-tilted investment portfolios have outperformed non-sustainable counterparts during this year’s coronavirus-fuelled downturn.
Traditional long/short fund Lighthaven Capital has committed to help in the fight against coronavirus by donating 25 per cent of its performance fees to fund research into Covid-19. Here, Founder and CIO Eric Chung explains how a forward-thinking outlook is key to the firm’s investment philosophy…
Investors pulled more than USD85 billion out of hedge funds during March – some 2.7 per cent of total industry assets globally – amid growing fears over the economic impact of the coronavirus pandemic, new data from BarclayHedge shows.
Investor redemptions skyrocketed from USD8.1 billion in February to USD85.6 billion the following month, with hedge funds in continental Europe the hardest hit, according to BarclayHedge’s Barclay Fund Flow Indicator.
Continental European hedge fund managers suffered outflows of USD38.3 billion, while across the Atlantic US hedge funds recorded USD31.6 billion in redemptions. Funds in the UK meanwhile lost USD24.7 billion in
Dallas headquartered Strait Fund Services (STRAIT) has made a strategic hire in Houston, Texas with the appointment of Michael Barakat.With almost 20 years of financial services experience in creating and implementing compliance programs at institutional asset management firms, Barakat will be instrumental in broadening the firm’s compliance offering and providing senior-led solutions for STRAIT’s nationwide hedge fund and private equity clients.
Barakat will be responsible for growing awareness of STRAIT’s compliance services and designing and executing compliance programs for the firm’s existing and new clients. Michael joins STRAIT after leading teams and implementing compliance initiatives at AIG Retirement Services.
Tether Gold (XAUâ‚®), 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.Â
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…
