Latest News
BNP Paribas Securities Services and BlackRock Solutions have formed a strategic alliance to provide mutual clients with integrated investment management capabilities. Read the full story at Institutional Asset Manager…
Pierre Andurand, the well-known head of commodities-focused fund manager Andurand Capital Management, is cautioning of “crazy losses” as oil markets continue to suffer unprecedented shocks, warning: “Be very careful out there.”
The London-based oil specialist, whose strategy has reportedly soared amid recent energy volatility, flagged up the potential impact of tumbling prices on oil ETFs in a series of tweets on Monday and Tuesday, after prices for the May futures contract on West Texas Intermediate – the US benchmark – collapsed into negative price territory for the first time ever.
“Wondering what would happen to USO and other Oil ETFs that
Lyxor’s L/S Equity Neutral peer group was down -2.8 per cent year-to-date, hurt by extreme trading conditions and the constituents’ average market beta of 20 per cent, according to the latest Weekly Brief by the company’s Cross Asset Research team.
Lyxo says the environment has been challenging for the strategy amid extreme stock volatility and unsettling heavy systematic trading volumes.
Despite these challenging market conditions though, L/S Neutral strategies have benefitted from mitigating factors according to Lyxor, recording positive contributions from their short books, although short-selling has less profitable than in previous bear markets.
Lyxor writes: “Shorting has not been
Early adoption of cloud technology has been key to Qunatile Technolgies’ success in maintaining the operation of its optimisation and compression services.
Read the full story at Institutional Asset Manager…
Aquis Exchange, a subscription-based pan-European equities exchange, is implementing big xyt’s Liquidity Cockpit to support market structure analytics used internally by the exchange and its clients.big xyt solutions capture, normalise, collate and store trade data at a granularity that has not previously been available in the market. By applying data science and advanced techniques to execution analytics, Liquidity Cockpit delivers a unique range of market overviews and individualised comparison reports to the team at Aquis Exchange.
Delivered through a custom API, it enables Aquis Exchange to query a vast data set which then can be personalised to its needs. All
Toscafund Asset Management, Martin Hughes’ long-running equity-focused hedge fund, has appointed Aberdeen Asset Management co-founder Martin Gilbert (pictured) as chairman.
Veteran money manager Gilbert, who co-founded Aberdeen in 1983, is currently chairman of Aberdeen Standard Investments, and vice-chairman of Standard Life Aberdeen. He recently announced his intention to step down from his directorship at Standard Life Aberdeen.
He takes up the new position of Toscafund chairman with immediate effect, and will also join the board of Old Oak Holdings, Toscafund’s parent company.
Hughes, a well-known and high-profile figure within the hedge fund industry, launched Toscafund in 2000, having earlier worked
With the closure of non-essential workplaces during the Covid-19 pandemic shaking up the way financial services companies do business, the remote working environment is raising an assortment of operational challenges for hedge fund firms, spanning communication technology, data and information security, and infrastructure vulnerability.
When the UK lockdown was announced last month and the hedge fund industry exited its Mayfair enclave, firms of all sizes and strategies implemented extensive contingency plans for home working in order to continue operations.
Man Group, the large London-headquartered publicly-traded hedge fund group which manages a range of discretionary, systematic and multi-manager strategies, had already
Data Operating Platform Behavox has named its first board of directors, which will be chaired by Founder and CEO Erkin Adylov.
Diginex has partnered with Itiviti to cater for demand from institutional investors, who wish to include digital assets in their portfolios, while utilising resilient and scalable connectivity based on FIX.
Trading technology company TradAir has gone live with a new service, TA1, to facilitate trading and liquidity in foreign exchange.TradAir’s TA1 solution will allow its customers – both traditional and anonymous liquidity providers – to trade spot FX for an extensive range of spot currency pairs, using TradAir’s anonymous liquidity trading solution, while partnering with best-in-class credit provision from Standard Chartered, the multinational banking and financial services company.
TA1 will use state-of-the-art UX design and advanced HTML5 technology, delivering a fully personalised trading experience – both on browsers and on mobile. Workflows can be customised for trading, monitoring, risk and
