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Ernst Jansen has been appointed Chief Operating Officer (COO) at Kempen Capital Management (Kempen) with immediate effect. The successor to Erik Luttenberg, Jansen will take on this role alongside his current position of COO of Van Lanschot Private Banking. The new position also sees him appointed to Kempen’s Management Board.
Constant Korthout, Van Lanschot Kempen’s Chief Financial Officer and Chief Risk Officer (CFO/CRO), says: “We’re very pleased that Ernst has proved willing to take on these new responsibilities alongside his current position. This appointment reflects our strategy towards a fully integrated wealth management model by 2023, allowing us to enhance our efficiency
Alternative asset management firm GCM Grosvenor has appointed Amy Wierenga as Chief Risk Officer. Wierenga will report to Fred Pollock, GCM Grosvenor’s Chief Investment Officer, and be responsible for risk management in support of the firm’s global alternatives investment activities. Wierenga will oversee risk underwriting on new investments as well as risk associated with portfolio construction, and will contribute to a continued elevation of the firm’s overall risk analytics framework. Wierenga will also join the firm’s investment committees, which approve investment activity across the hedge fund, credit, private equity, infrastructure and real estate strategies.
Wierenga brings more than 20 years of experience
Cryptocurrency trading specialist OKEx is expecting to double its staff in the next two years.The company says the development of the crypto sector has been accelerated by the coronavirus pandemic with Blockchain.com reporting steady growth growth in confirmed daily transactions since March to around 250,000 per day. Total trading volume on major bitcoin exchanges reached USD684.4 million in March.
“This is an exciting time for OKEx, we plan to open new offices in more regions to better serve our users, and we’ve already started recruiting passionate blockchain professionals to grow and prosper together. We expect a 100 per cent increase
Long-running multi-manager hedge fund Brummer & Partners’ flagship vehicle has generated gains across its equity, credit, macro and relative value strategies, as equities rose last month amid hopes of a global economic recovery.
Algebris Investments, a London-based multi-strategy credit and equities-focused hedge fund manager, is staking out alpha opportunities across a range of stressed credits which stand to gain from a resumption in activity post-lockdown.
Lyxor Asset Management has appointed Kunjal Shah as Chief Investment Officer of its US-based subsidiary, Lyxor Asset Management Inc (Lyxor Americas).
24 Exchange, a multi-asset class, 24-hour trading platform, has appointed Tim Cartledge and Steve Resnick to its Board of Directors, taking the total number of members to five. In addition, the company has created a Board of Advisors and appointed Jose Marques and Marty Pompadur as its first two members.
Dmitri Galinov, CEO and founder of 24 Exchange, says: “We are very excited to have both Tim and Steve join our exceptional Board of Directors. Tim is a recognised pioneer of the Foreign Exchange industry, with senior management roles at the top sell-side institutions and extensive work in electronic trading. The Board
The European Energy Exchange (EEX) has achieved another milestone in its Freight business by gaining the majority share of volume in the total Dry Freight market for the first time since launching the business in 2016. Throughout the month of May, EEX reported a 50.5 per cent volume share of the Dry Freight market (19 May: 3.48 per cent) in addition to a 54 per cent share in Open Interest (19 May: 7.73 per cent) thereby becoming the market leader as the No.1 Exchange in Dry Freight Trading worldwide.
Steffen Koehler, Chief Operating Officer, EEX, says: “In 2016, EEX entered the Dry
Tollymore Investment Partners (Tollymore), a private investment partnership for long term investors, has generated returns of 19.9 per cent per annum gross since inception in May 2016. This includes a return of 8.9 per cent per annum gross in 2020 YTD despite significant market turmoil.Tollymore highlights that GBP1 invested at inception would be worth GBP2.08 today, after expenses but before fees paid to Tollymore. Over the same period GBP1 invested in the MSCI All Country World Index would have generated a return of 60p. Around two thirds of this benchmark outperformance, and around 85 per cent of the absolute investment result, would have
Style Analytics, a provider of factor-based portfolio and market analytics tools for investment professionals, has launched a new tool in investment management for instant comparison of funds on a wide variety of metrics.The new Similyzer tool uses fund holdings to measure how similar thousands of investment vehicles are to one another, helping investors make detailed comparisons on factor exposures, historic performance, risk measures and more.
Asset Managers can use Similyzer to identify uniquely differentiating aspects of their own funds, to assess all competitors’ strengths and weaknesses and to examine crowding in equity styles. Asset Owners and Consultants can use Similyzer
