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Alvarium, an independent investment firm and global multi-family office, has lunched Alvarium Securities (ASL), which will provide customised, client centric advisory, distribution and research services for corporate clients. This move contributes to Alvarium’s expansion across service lines and geographies, following 24 months of organic growth and acquisitive activity.
Based at Alvarium’s London office, ASL will be headed up by ex-Peel Hunt broker Mark Thompson alongside Eddie Nissen, who joins from JP Morgan. It will give institutional and family office investors an opportunity to meet, analyse, trade and participate in the growth of some of the leading Investment Trusts and REITs.
INTL FCStone, a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, is rebranding the firm as StoneX Group (StoneX). The StoneX Group name was approved by an overwhelming majority at a recent meeting and effective 6 July, 2020 the Company will be traded under the symbol SNEX.
The StoneX Group name and its trade name “StoneX” carries forward the foundation established by Saul Stone in 1924 to today’s modern financial services firm. Today, the StoneX Group provides an institutional-grade financial services ecosystem connecting its clients to 36 derivatives exchanges, 175 foreign exchange markets,
Quant Insight (Qi), a macro data analytics firm that applies quantitative techniques to financial markets, has launched its desktop application on the OpenFin operating system.Qi provides quantitative macro analytics across multiple asset classes to a wide array of investors from discretionary to systematic, from equity long/short to absolute return. Qi brings a single, comprehensive and robust solution to its clients with actionable signals.
The collaboration enables the seamless deployment of Qi’s quantitative macro analytics on OpenFin’s OS, giving end-users a simple, comprehensive macro solution to aid their strategy, via an integrated API and an enhanced user experience dashboard. This will allow users to identify investment opportunities and manage
Global hedge fund adviser Sussex Partners has launched Strategic Certificates on the Sussex Partners Diversified Alpha Index issued and administered by Vontobel in both EUR and USD. The product, is based on the Diversifying Alpha Strategy developed by Sussex Partners, a core uncorrelated strategy it has been implementing in different formats for its advisory clients through bespoke structures, and which has performed positively so far in 2020, including during the March sell-off. The aim of this strategy is to produce diversified returns with a low beta and low correlation to traditional markets, targeting mid-high single digit returns in all market environments
Triad Securities, a full-service, agency-only brokerage firm, and Edgar Strategic Consulting Services (ESCS), are expanding their partnership which provides bespoke marketing and asset raising solutions to hedge funds. The firms leverage their respective strengths while working closely together to bridge managers and allocators, respectively. ESCS, a leading business development consultant, focuses on getting managers ready for institutional-level marketing, diligence meetings and designing an overall come-to-market strategy. ESCS, via Triad Securities, then identifies institutional investors who would benefit from hearing about these offerings and proposes institutional introductions.
Managers working with the group range in size with most being between USD250 million to
Equity market neutral hedge fund strategies could be set for a reversal of fortunes, as trading conditions normalise towards 2020’s midway point.
The Standards Board for Alternative Investments (SBAI) has established a new regional committee focusing on the SBAI’s work in Europe, the Middle East and Africa (EMEA Region). Elena Manola-Bonthond, CIO of CERN Pension Fund, has been appointed Chairman and Doc Horn, Head of Total Return Equities, Pictet Asset Management, Deputy Chairman of the Committee.
Manola-Bonthond says: “I am honoured to chair the SBAI’s EMEA Committee to help further the important work and growing adoption of the Alternative Investment Standards in this region. As a global investor, having agreed standards facilitates our due diligence and raises the quality of manager practices
A total of 250 clients have now committed to use the Depository Trust & Clearing Corporation’s (DTCC) Global Trade Repository (GTR) service to meet their forthcoming European Securities Financing Transactions Regulation (SFTR) reporting obligations. This is an 80 per cent increase in the total number of clients signed-up for the SFTR service since the beginning of 2020.
SFTR will take effect for banks, broker-dealers, agent lenders, CCPs and CSDs on 13 July 2020, followed by buy-side entities on 11 October 2020, and finally with non-financial counterparties on 11 January 2021. DTCC’s GTR service supports all product types that need to
London-based research analysis provider Substantive Research has appointed Drew Hermann as Head of Sales, Americas, part of the firm’s expansion plan to build out its North American operations. In his role, Hermann will work closely with asset managers to source quality, differentiated research while also optimising their investment research budget.
Hermann brings over a decade of investment research market experience across the United States, Canada, and LATAM along with a background in strategic management, product development, and enterprise sales.
Mike Carrodus, CEO and Founder of Substantive Research, says: “Drew comes to us after an incredibly successful few years as Managing Director,
Independent depositary and fund oversight provider INDOS Financial has announced it has been appointed to provide AIFMD depositary and anti-money laundering (AML) compliance officer services to the newly launched VI Global Equity Fund, a Cayman Islands domiciled master/feeder fund. The fund follows a fundamental long/short strategy and is managed by UK-based Lijaro Asset Management.
INDOS Financial CEO, Bill Prew, says: “Despite the challenges of Covid-19 it is very much business as usual for INDOS as we continue to on-board new clients. We are delighted to be providing independent depositary and AML officer services to the Lijaro fund. The appointment highlights the
