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Airbus’ wholly owned subsidiary Skytra has selected Nasdaq to provide the core technology for its derivatives trading venue.Headquartered in London, Skytra was recently established to help the USD1 trillion per annum air travel industry hedge its revenue risk through the trading of cash-settled futures and options contracts based on a series of Skytra Price Indices. This is the first time that the industry will have financial risk management instruments available to them specifically to address revenue volatility.
The air travel industry makes long-term financial commitments, but is challenged by short-term revenue visibility, where up to 90 per cent of the
The SS&C GlobeOp Forward Redemption Indicator for January 2020 measured 2.26 per cent, down from 4.95 per cent in December.“SS&C GlobeOp’s Forward Redemption Indicator for January 2020 was 2.26 per cent, a favourable reading compared to the 2.70 per cent reported a year ago, as well as compared to historical averages,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Redemptions have remained fairly steady in recent years at generally low levels, and it is too early to tell if this reading represents the start of a new trend, but 2020 is certainly off to a good start.”
The SS&C GlobeOp Forward
Majedie Asset Management (Majedie), a specialist active equity investor, has revealed the four teams which will be competing to win the title of ‘Next Generation Investor 2020’. This investment competition is aimed at female undergraduates to encourage them to consider asset management as an attractive career choice. Each team has been given a notional GBP25,000 to invest in listed equities and can trade as they wish until 30 June.
Majedie will provide the competing teams with in-depth training on stock selection, portfolio construction, financial modelling, ESG integration and mentoring by its award-winning fund managers throughout the period. The notional profits
Société Générale’s CTA indices advanced between 2.5 and 3.5 per cent in the first three weeks of January, as managed futures strategies locked on to early-year trends in equity markets, currencies, and commodities.
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, is expanding its ESG factor analysis tool with the launch of Carbon Risk Ratings and emission data from Sustainalytics, a leading global provider of ESG research, ratings and data.
Nearly three-quarters of asset managers polled by Cerulli Associates in 2019 indicate that they exercise active ownership as part of their investment decision-making process to minimise risks and maximise returns, up from 54 per cent in 2017. Active ownership is one of the fastest-growing methods of responsible investing used by asset managers—when successful, active ownership practices can result in meaningful improvements in corporate policies, practices, and accountability.
A growing number of market, societal, and technological forces are driving the convergence of two distinct investment strategies: hedge fund activism and responsible investing. Especially important is the growing support for these strategies by
Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.Delcourt brings with him a wealth of experience, with 30 years in the banking industry accrued in Europe and Asia, working for global institutions, including Indosuez, ABN AMBRO and UBS. Most recently, Delcourt was the Group CEO of Banque Internationale à Luxembourg, a position he held for five years.
In his new role as Chairman of the Board, Delcourt will offer guidance and support to the executive leadership team, headed up by CEO
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.Fund Recs, an established fund industry software provider, will work with SANNE to automate the data processing and reconciliation process in its fund administration business. Delivered as a Software-as-a-Service, Velocity, will help SANNE achieve its goal of Straight-Through-Reconciliations.
Fund Recs Chief Executive Officer, Alan Meaney, says: “Through our engagement with SANNE we’ve delivered a strong relationship and are excited to be working with a group that has such a focus on providing high quality
Neuberger Berman, a private, independent, employee-owned investment manager, has opened its first Nordic office in Stockholm, Sweden.Neuberger Berman has operated across the Nordics since 2004 and will now deepen this commitment by opening a dedicated office to provide on-the-ground client support. Emelie Albeck, relationship manager for the Nordics, has relocated to Stockholm from London.
Dik van Lomwel, head of EMEA and Latin America, says: “Opening an office in Stockholm, our tenth in Europe, reaffirms our long-term commitment to the Nordic market. Providing local support and expertise is central to nurturing close client relationships.
“Over the years, we are fortunate to
The Year of the Rat: China’s economy is strong but investors need to be on their guard
The Year of the Rat: China’s economy is strong but investors need to be on their guard