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Alternative investment firm Angelo Gordon & Co has appointed Putri Pascualy as a managing director and credit product specialist in the firm’s Investor Realtions team.
Everysk Technologies, an investment technology company providing multi-asset portfolio analytics with data-centric, machine learning techniques, has closed a USD1.3 million seed financing round and is launching a first-ever automation system that brings real-time portfolio and risk management analytics to fund managers of all sizes.
The SS&C GlobeOp Forward Redemption Indicator for April 2020 measured 3.02 per cent, up from 3.11 per cent in March.“SS&C GlobeOp’s Forward Redemption Indicator for April 2020 was 3.02 per cent, up somewhat from the 2.51 per cent reported for the same period a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This increase follows three consecutive months of comparatively lower redemption notices, and it should also be noted that for the year-to-date, cumulative redemptions are running below the 2019 level. With this latest single month’s increase in redemptions, it is too early to say whether the recent favourable
Sonnedix, a global independent solar power producer (IPP) has joined the European Energey Exchange (EEX) as a new trading participant. Sonnedix, currently managing over 1 GW of operational capacity across eight countries, has been admitted to trade all EEX power derivatives products.
Axel Thiemann, CEO of Sonnedix, says: “This is a very exciting milestone for Sonnedix, as we become capable of hedging in a transparent way against the risk of future price changes, facilitating short to long-term portfolio optimization globally with shortened negotiation times, and reduced counterparty risks.”
Sonnedix is the first solar energy IPP to join EEX with a strong
The dramatic price movements in oil markets will continue to throw up trading opportunities, according to Westbeck Capital Management’s CIO Will Smith, whose commodities-focused strategy has notched up double-digit gains during the sustained volatility.
Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, is pre-eminent among Ethereum-based stablecoins, amid a recent surge in market volatility and the inflation of foreign currencies against the US Dollar, according to research from The Block.The Block found that Tether (USDt) dominates weekly transaction volumes among Ethereum-based stablecoins, with its transaction volume market share roughly in line with its market capitalisation market share. USDt’s total market capitalisation has more than tripled from about USD2 billion in February 2019 to surpass USD7 billion.
“Tether is manifestly growing in popularity as the most liquid, stable and trusted stablecoin,”
March was as much a liquidity crisis as it was a response to the economic impact (actual and presumed) of Covid-19, according to new research by bfinance’s Diversifying Strategies team, headed by Dr Toby Goodworth, into the performance of several core liquid alternative strategies.The report reveals that realised volatility topped 100 per cent for the first time since 2008, probably exacerbated by concurrent quarter-end expirations of options and futures on stocks and indices as well as challenging liquidity conditions.
Pure trend-following was one of the standout strategies in March. The HFRI Macro Systematic Diversified index posted gains of +2.9 per
Arrano Capital, the blockchain arm of Venture Smart Asia Limited, has launched Hong Kong’s first regulated virtual asset fund, which tracks the price of Bitcoin and provides Professional Investors with access to the crytocurrency through a traditional fund structure. Venture Smart Asia Limited, is licensed by the SFC to manage virtual asset funds.
“This fund comes at a pivotal time for Bitcoin. By bridging the gap between the regulated finance and virtual asset world, institutions can gain secure access to Bitcoin via a conventional fund structure,” says Arrano Chief Investment Officer Avaneesh Acquilla. “We worked in accordance with the SFC guidelines
Total global hedge fund capital fell below USD3.0 trillion in Q120 for the first time since 3Q 2016, as financial market volatility surged on uncertainty and increased risks driven by the global coronavirus pandemic. Hedge fund capital declined by USD366 billion to end the quarter at USD2.96 trillion, a steep decline from the prior quarter record of USD3.32 trillion, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry, in the latest release of the HFR Global Hedge Fund Industry Report.
Investor outflows totalled an estimated USD33 billion in Q1,
BNP Paribas Securities Services and BlackRock Solutions have formed a strategic alliance to provide mutual clients with integrated investment management capabilities. Read the full story at Institutional Asset Manager…
