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Once regarded as something of a fringe concern, responsible investing and ESG (environmental, social and governance) themes have steadily gained momentum in recent years, becoming a key component in many of the world’s biggest and most successful hedge fund strategies.
An extended period of stress, brought on by the Covid-19 pandemic, may put downward pressure on European CLO ratings, according to a new report by S&P Global Ratings.Read the full story at Institutional Asset Manager…
UMB Fund Services (UMB) has hired Mike Huisman as senior vice president, director of transfer agency.
Short selling is falling under closer regulatory scrutiny following recent turmoil – but industry observers are highlighting its “valuable” role in market efficiency amid heightened volatility and performance dispersion.
Jim Neumann, partner and CIO at Sussex Partners, said short selling continues to provide liquidity, price level discovery, exercise of shareholder rights, and profit and hedging for a variety of market participants.
He cautioned against “quick changes” to rules on the practice amid periods of stress.
“While the ethics of short-selling arises without fail during market downturns, it should be considered a valuable segment of market activity,” Neumann said. “The whole
Tassat, a global provider of financial technologies and products for digital payments and digital exchange, has appointed
Krishna Prasad has been appointed as CEO of Tassat a provider of financial technoly and products in the digital assets exchange sector.
Read the full story at Institutional Asset Manager…
Portfolios built around value-based positions may be primed for a “significant” rally following the sustained global stock market slide, according to strategists at Man Group.
Global trade surveillance and market risk software platform provider Eventus Systemsn has made its first key hire in London with the appointment of Roger Chandler as Senior Sales Engineer, Europe.
The UK’s Financial Conduct Authority last night (23 March) ruled out a ban on short selling, as many major hedge fund firms continue to weigh in with bearish bets to capitalise on the recent global market turmoil.
The UK market watchdog said on Monday there is “no evidence” that short selling – a core component of most hedge fund strategies – had driven recent market falls, adding aggregate net short selling activity is low as a percentage of total market activity and has decreased in recent days.
The notice comes as many well-known hedge fund firms including as Crispin Odey’s
Bitfinex has launched Shimmer, a new proprietary surveillance tool aimed at combating market abuse identifying suspicious trading practices on the digital asset exchange.
Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon app from a China based financial institution.DeepFX was developed by the Digital Asset Management Department of Bank of China using deep learning technology to predict the short-term price movements of major foreign exchange currency pairs. The app covers six currency pairs including EURUSD, AUDUSD, GBPUSD, USDCAD, USDJPY and USDCHF, and is ideal for traders, quant developers heads of fintech innovation and data scientists.
The ‘Lite’ version released provides a five-minute interval real-time FX trade signal forecasting service, while displaying back-test
