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Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has appointed an Lyons as Vice President of Business Development. Lyons will be responsible for driving growth for Drawbridge’s award-winning software and services.
Lyons brings over 17 years of business development expertise in the Alternative Investment space to his role at Drawbridge, with a specific focus on technology and security. Most recently, Lyons served as Director of Sales for Apex Services Ltd, which provides technology solutions to asset managers, capital markets firms and private clients. Prior to that, he had a
Now entering its sixth year of operation, ProMeritum Investment Management – a London-based discretionary emerging markets fixed income-focused manager – has notched up five successive years of positive returns since launching in January 2015.
With more than USD350 million in assets under management, the ProMeritum fund made 9.61 per cent last year, trading an opportunistic, theme-based investment portfolio built around a broad range of idiosyncratic, proprietary ideas spanning sovereign and corporate credit, local currencies and other fixed income assets.
Refinitiv has launched the Future of Sustainable Data Alliance (The Alliance) in conjunction with the World Economic Forum, United Nations, IIF, OMFIF, Tsinghua University, ASIFMA, GFMA, Climate Bonds Initiative, FinTech4good, Everledger, Institute of Public and Environmental Affairs, Bank of Africa-BCME, GoImpact and other founding member firms. The objective of The Alliance is to accelerate the mobilisation of capital into sustainable finance. The Alliance will solve the question: What data do investors and governments need to meet the requirements of both regulators and customers for sustainable investments and products in pursuit of the 2030 Agenda.
The Alliance says: “Fundamental ESG data access
Digital Vega, an FX Options e-trading platform and provider of FX Options trading solutions, has appointed Rob Wemyss as a Non Executive Director and Head of Business Development.Wemyss joins Digital Vega from JP Morgan where he was Global Head of FX Options. He worked at JP Morgan for 25 years in a variety of roles.
“During 2020 we aim to cement our leading position in multi-dealer FX Options trading by adding more liquidity providers and clients, increasing automation in our Vanillas platform and launching a new Exotics service,” says Mark Suter, Executive Chairman and Co-Founder, Digital Vega. “We are delighted
Evallon Global Investment, a New York and Hong Kong-based asset manager and alternative investment solutions provider, is making its alternative investment offering available for qualified investors from January 2020 onwards. Initially reserved for institutional investors, Evallon’s alternative platform is focused on a number of strategies ranging from secondary market transactions to private equity and to the delivery of hedge fund access.
Seeking alternative forms of investment for the diversification of portfolios is a rapidly growing trend amongst institutional investors as prevailing market conditions force capital into taking on excessive equity risk, in order to accommodate rising equity valuations throughout the major
Kempen Capital Management (Kempen) has strengthened its alternative solutions team with the appointment of Anne Mei Poppe as alternative investment specialist. Poppe, who has twelve years of experience in financial services, will focus on the growing demand from international institutional investors, wealth managers and family offices for alternative investment strategies.
Anne Mei joined from Dutch asset management and direct lending firm Dynamic Credit, where she shared responsibility for alternative fixed income sales and client management for the past three years. Prior to this, she worked as a senior financial services adviser at EY after starting her career at Heineken and BinckBank.
QuantConnect has announced the winners of its innovative Alpha Five competition, which started in October 2019 and saw a sponsoring hedge fund solicit “designer” alphas from the crowd. QuantConnect, an open-source algorithmic trading platform, provides its community of almost 100,000 quants access to financial data, cloud computing, and a coding environment where they can design, build, and live trade algorithmic trading strategies.
Alpha Five gave quants the opportunity to submit their alphas for one of the following five universes pre-defined by the sponsoring fund: Energy, Precious Metals, Technology, US Treasuries, or Volatility ETFs. Quants submitted their strategies for the chance to
The Commodity Futures Trading Commission has issued an order filing and settling charges against Propex Derivatives Pty Ltd, a proprietary trading firm headquartered in Australia, for spoofing in the Chicago Mercantile Exchange E-mini S&P 500 futures market. The order finds that Propex, through a former trader, engaged in spoofing from at least July 2012 through March 2017, causing USD464,300 in market losses.
The order imposes a total of USD1 million against Propex, comprised of USD464,300 in restitution, USD73,429 in disgorgement, and a USD462,271 civil monetary penalty. It also requires Propex to cease and desist from violating the Commodity Exchange Act’s
Bixby Research and Analytics, a fintech focused on information flow, has launched a web platform powered by Rightpoint technology, which connects asset managers and hedge funds to real-time market moving news and financial information for companies in the private debt market.Over the last several decades, the asset management industry has seen unprecedented advances in technology; however, when you step back and look at where this advancement is taking place, it’s been almost solely confined to the public market. Over the same time, private market information flow has remained antiquated with virtually no resources available to investment professionals.
“The market for
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has reported record results for 2019 across all sales and client growth metrics tracked by the firm. This rapid growth was fuelled by a continued rise in demand for its
POEMS (portfolio, order and execution management system) platform, which provides significant cost, management and functionality benefits over the legacy platforms many investment managers currently employ.
LiquidityBook’s total revenues for 2019 were up 33 per cent year-over-year, fueled by steady client wins for each of the firm’s products: LBX Buy-Side, LBX Sell-Side and LBX Outsourced Trader. Recently, the firm signed multi-strategy
