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SANNE, a provider of alternative asset and corporate business services, has promoted Stephanie Hopkins from Head of Private Debt & Capital Markets to the role of Country Head for Jersey.
Investment management solutions provider SimCorp has launched a new managed data services for the buy-side.Read the full story at Institutional Asset Manager…
Bridgeport Financial Technology is working with various counterparties to provide hedge fund investors with immediate liquidity through loan facilities collateralised by their fund investments.
The European Energy Exchange (EEX) achieved another milestone in its Freight business by gaining the majority share of the open interest (OI) in the total Freight market (Futures and Options combined), thereby overtaking the market leader for the first time and setting a new record for the business. In total, EEX now holds a 52 per cent share of Open Interest, (a key indicator of liquidity), of the combined Freight market. In Futures, EEX has increased its share significantly to hold a 56 per cent share of the Open Interest. While in Options, EEX continues to make consistent gains, resulting in
Bitcoin may provide gold-style diversification opportunities in times of crisis and market stress, according to research by SEBA Bank.Read the full story at Institutional Asset Manager…
Cassini Systems, a provider of pre- and post-trade margin analytics for derivatives market participants, has established a new office in Sydney, the firm’s first physical presence in the Asia Pacific (APAC) region.
CloudMargin, creator of a collateral and margin management solution native to the cloud, has appointed David G White to the newly created role of Chief Commercial Officer. White has 14 years of capital markets experience in over-the-counter (OTC) derivatives markets and supporting technology.
Based in London and reporting to CloudMargin CEO Stuart Connolly, White is responsible for establishing and meeting targeted revenue objectives; overseeing the sales and marketing teams and ensuring cohesive strategies for those areas; enhancing the sales management processes, and working with partner firms to create a seamless platform for increased sales cohesion.
Connolly says: “I had
Credit-focused strategies are emerging as a key area of focus for investors, as managers rush to seize on the “incredible” opportunities being thrown up by the recent widespread market turmoil.
Sussex Partners, the independent global hedge fund investment advisor, says hedge funds focused on this market are zeroing in on a raft of trades spanning corporate credit, structured credit and risk arbitrage, while Man GLG, the discretionary hedge fund unit of Man Group, is now “materially bullish” on long-term trades in high yield assets.
“Every time you have a dislocation like this it creates opportunities,” says Patrick Ghali, managing partner
Ironshield Capital Management, the London-based long/short event driven hedge fund that trades stressed and distressed European corporate credit, has launched its Ironshield Credit Fund on the MontLake UCITS Platform, with the aim of capitalising on recent credit market dislocations.
The strategy, managed by Ironshield CIO and managing partner David Nazar, targets high absolute returns by trading event driven, stressed and distressed European high yield credits across the capital structure and ratings spectrum.
Nazar – who managed proprietary credit portfolios for Deutsche Bank and Bank of America before founding Ironshield in 2007 – said the fund’s UCITS format launches as the
EOSE, a provider of outsourced market data solutions, is to support the distribution of BMLL’s Derived Data offering. EOSE provides a flexible, modern approach to commoditising data assets. EOSE’s data product development and sales experts help firms reduce their time to market while allowing them to focus on their core business.
Under the terms of the agreement, EOSE acts as an outsourced sales resource to support BMLL’s market outreach to banks, buy-side and sell-side firms, and the hedge fund community globally.
Paul Humphrey, Chief Executive Officer of BMLL Technologies, says: “In recent months we have witnessed unprecedented spikes in volatility and
