Latest News
Ironshield Capital Management, the London-based long/short event driven hedge fund that trades stressed and distressed European corporate credit, has launched its Ironshield Credit Fund on the MontLake UCITS Platform, with the aim of capitalising on recent credit market dislocations.
The strategy, managed by Ironshield CIO and managing partner David Nazar, targets high absolute returns by trading event driven, stressed and distressed European high yield credits across the capital structure and ratings spectrum.
Nazar – who managed proprietary credit portfolios for Deutsche Bank and Bank of America before founding Ironshield in 2007 – said the fund’s UCITS format launches as the
EOSE, a provider of outsourced market data solutions, is to support the distribution of BMLL’s Derived Data offering. EOSE provides a flexible, modern approach to commoditising data assets. EOSE’s data product development and sales experts help firms reduce their time to market while allowing them to focus on their core business.
Under the terms of the agreement, EOSE acts as an outsourced sales resource to support BMLL’s market outreach to banks, buy-side and sell-side firms, and the hedge fund community globally.
Paul Humphrey, Chief Executive Officer of BMLL Technologies, says: “In recent months we have witnessed unprecedented spikes in volatility and
Danny Tan has been appointed as the head of investment funds for the Asia-Pacific region by law firm Ashurst International.
Pico, a provider of technology services for the financial markets community, has launched a new managed co-location facility for Japan Exchange Group (JPX).
Sucden Financial, a global multi-asset execution, clearing and liquidity provider, has appointed Thomas Hodge to build and run its new average pricing function within its LME business.As Head of LME Average Price Trading, Hodge will complement and extend Sucden Financial’s existing ability to facilitate LME hedging requests, providing a dedicated averaging service to allow an exact match between client risk and the LME’s daily date structure. In addition, Hodge will be developing quantitative analytics and models for use within the firm’s LME trading business.
Prior to joining Sucden Financial, Hodge was Co-Chief Investment Officer at Commodities World Capital (CWC), where
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, and HedgeLegal, a specialist in trading document negotiation for the buy side, have published “Clearing up the Uncleared Margin Rules: A Comprehensive Guide for Hedge Fund and Asset Managers.”The guide is intended to assist hedge funds and asset managers in gaining a better understanding of their obligations under Phases 5 and 6 of the Uncleared Margin Rules (UMR or Rules).
While ISDA and other trade associations have asked for a delay in the onset of UMR amidst the COVID-19 pandemic, there has been no sign (as of yet) that
The current environment is playing to the strengths of special situation hedge fund strategies, which seek to generate alpha from announced deals, and as merger spreads widen out, new opportunities are arising.
This is according to Wayne Yu (pictured), the CIO and CEO of BCK Capital Management, which he founded in 2015. Based in Stamford, Connecticut, BCK Capital runs a global market neutral special situations strategy that aims to deliver pure alpha to investors, using a robust risk programme to actively hedge against any exposure to market beta.
Yu says that recent market dislocations have led to a big overall
Sukanya Lal has been appointed as a Business Director in IQ-EQ’s Singapore team where she will focus on business development for India-focused private equity, hedge funds and family offices.Read the full story at Private Equity Wire…
By Don Steinbrugge, Agecroft Partners – Commodity Trading Advisors (CTAs) are one of only a few hedge fund strategies that performed well throughout the market selloffs of 2000-2002, 2008 and 1st Q of 2020. Yet, investor’s perception of the strategy is more divergent than any other major hedge fund strategy.
Crux Informatics is integrating a flagship product from SIX, Valordata Feed (VDF), which covers 29.7 million instruments for pricing, corporate actions reference data as well as compliance and regulatory data. Read the full story at Institutional Asset Manager…
