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Quincy Data has expanded its offering with the addition of US treasuries data, using sister company McKay Brothers’ microwave network to transport the data to Aurora, IL in under four milliseconds, the lowest latency available.
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Causality Link, an, artificial intelligence (AI)-driven investment technology provider, has appointed veteran buy-side executive Antoine Mallard to the firm as Vice President of Portfolio Management. In this role, Mallard will use his expertise in hedge funds, private equity, venture capital and portfolio management to accelerate Causality Link’s growth and hone the firm’s offering to provide the greatest impact to its investor clients.
Mallard brings more than 20 years of experience as an alternatives and equities investment manager with an international career spanning London, New York and Paris. Before joining Causality Link, Mallard co-founded Ai.VEN Partners, an impact fund specialised in
Global advisory and fund administration firm Maitland has appointed Dena Brumpton and Denise Everall to the Maitland Board as Non-Executive Directors. The new Board members bring a wealth of knowledge and experience to the firm and align to Maitland’s long-standing collaborative and inclusive culture.
Brumpton brings over 30 years’ experience as a senior financial services professional and most recently served as CEO for Barclays Savings, Investments and Wealth Management. Prior to that, Dena had a 30 year career with Citigroup, the last five years of which were in the role of global Chief Operating Officer of Citibank Private Bank. Regarded as
Emerging markets assets are expected to further weaken this month, as EM economies grapple with a rise in Covid-19 cases and an uncertain recovery in China, Man Group officials said on Tuesday.
Man observed how emerging market equities, currencies and local bonds have been down in the month of May for eight of the past ten years, and predicted the trend will continue this year.
In a market commentary, Man officials highlighted rising debt-to-GDP ratios since the before the coronavirus outbreak, coupled with a sustained downturn in economic activity as the virus continues to spread.
Emerging markets hedge fund managers
Modular Asset Management, a specialist Asian macro alternative investment management company licensed by the Monetary Authority of Singapore, has appointed Northern Trust for a new asset servicing mandate.Northern Trust will provide a range of custody, fund administration, middle-office outsourcing, collateral management and risk compliance monitoring services to Modular’s newly launched Cayman Islands domiciled Modular Asian Macro Fund and related entities.
Modular, which spun out of a large US hedge fund manager in January 2020, is one of Asia’s largest hedge fund launches in recent years. Its founder’s track record has attracted commitments from global institutional investors, which will bring the
GoldenTree Loan Management (GLM) and its affiliated investment manager GoldenTree Asset Management (collectively GoldenTree), have cloed a USD503 million collateralised loan obligation (CLO) to be managed by GLM. With the closing of this CLO, GoldenTree Loan Management US CLO 7 (GLM US CLO 7), GoldenTree has issued 11 CLOs totalling USD6.5 billion under its GLM CLO strategy. Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations. While a US Court of Appeals ruling on 9 February, 2018 led to repeal of risk retention for open market CLOs, GLM CLOs are intended
IQ-EQ has appointed Jeff Kelly as its new Country Delivery Director for the Cayman Islands.In this leadership role, Kelly will be responsible for overseeing client service delivery within the Cayman office and will work closely with the rest of the local leadership team to drive forward IQ-EQ’s business strategy for the jurisdiction.
Kelly has more than 17 years of experience in the Cayman Islands financial services industry spanning both the public accounting and private sectors, with the last five years as an Executive Audit Director and Managing Partner for two international auditing firms. Jeff’s audit clients represented a broad range
Skytra, a wholly owned subsidiary of Airbus, has selected Nasdaq Clearing AB as the central counterparty (CCP) for its new derivatives trading platform aimed at allowing the global air travel industry to hedge revenue risk for the first time. As the trading venue’s CCP, Nasdaq Clearing will become the counterparty to all derivative contracts traded on Skytra’s MTF. Under the clearing services agreement, Nasdaq Clearing will provide all the necessary post-trade services. These services help safeguard operational efficiency and financial stability through the collateralisation of its members’ positions, in order to ensure that counterparty credit and market risks are measured and
The Hedge Fund Association (HFA), an international non-profit trade and non-partisan lobbying organisation, has announced SS&C Intralinks as a global Thought Leadership Council sponsor. This annual sponsorship level strengthens HFA’s programs to unite the alternative investment industry and accelerate development for its members worldwide.
“HFA is delighted to welcome industry leading service provider SS&C Intralinks to our Thought Leadership Council. Our organisations have already teamed up to deliver valuable insights to our members at HFA’s recent webinar: Capital Introduction Alternatives – New Paths and Perspectives,” says Mitch Ackles, HFA Global President.
SS&C Intralinks is a pioneer of the virtual data room,
Hedge funds trading cryptocurrencies doubled their assets under management last year – but returns remain volatile, with the ability to survive hinging heavily on performance, a new industry survey has found.
The ‘2020 Crypto Hedge Fund Report’, jointly published today by PwC and Elwood Asset Management, a digital assets-focused investment firm, surveyed more than 40 managers running active crypto hedge funds during Q1 2020.
The wide-ranging report – which explores both quantitative issues within the crypto hedge fund sector, including liquidity terms, trading of cryptocurrencies and performance, as well as qualitative themes, such as best practice with respect to custody
