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QMA, the quantitative equity and multi-asset solutions specialist of PGIM, has strengthened its Europe-based team with the appointment of Paul Lambert to the role of client portfolio manager for its QMA Wadhwani (QMAW) investment platform.London-based Lambert reports to QMAW’s chief investment officer, Dr. Sushil Wadhwani, CBE, and started the role on 6 January, 2020. PGIM acquired London-based QMA Wadhwani LLP (f/k/a Wadhwani Asset Management LLP) in January 2019. PGIM is the USD1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
Lambert was previously at Insight Asset Management, where he was head of currency for seven years, and
Semper Capital Management’s Semper Short Duration Fund (SEMIX, SEMRX) has surpassed USD500 million in assets under management as a result of strong performance and investor demand since inception in December 2010. The Fund has a 5-Star Overall Morningstar Rating out of 161 ultrashort bond funds as of 31 December, 2019.
The Fund’s primary objective is to provide a high level of current income while maintaining a focus on preservation of capital. The Fund employs an ultrashort fixed income strategy offering low correlation to short and core fixed income, with current yield, low interest rate sensitivity, and seeking to limit downside volatility.
OptionMetrics, an options database and analytics provider for international institutional investors, including quant traders and hedge fund managers, as well as academic researchers, has made significant updates to its IvyDB US options database, offering even greater accuracy across a broader range of data points.The industry standard for comprehensive historical option pricing, IvyDB US provides clean and reliable historical data on over 10,000 underlying stocks and indices for every day since January 1996. It enables quants, hedge fund managers, and others to back-test trading strategies, evaluate risk models, and perform sophisticated research on derivatives trading.
New updates in IvyDB US 4.0 include:
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Truss Edge, a specialist technology platform for ETF and hedge fund operations, has announced the latest update to its Safari platform.Safari grew out of the operational and reporting needs of a large macro hedge fund, and now serves the middle and back office automation requirements of both hedge funds and ETFs.
The new release for Safari includes a number of features that will improve the efficiency and user experience for fund managers.
Managing oversight reporting requires that Safari sends information to recipients on a regular and often continuous basis. The new feature continues to improve the flexibility for
Buzzacott has appointed Antoine Housden as Head of Financial Services Tax.Housden joins Buzzacott from EY, where he worked as a director in the Wealth and Asset Management Tax Practice. Over the past 15 years, Housden has also worked at PwC and Kinetic Partners (now Duff & Phelps), in the UK and Switzerland, providing tax structuring advice to private equity funds, hedge funds and asset management businesses. His appointment reflects Buzzacott’s growing reputation in the alternative fund management sector and a commitment to tax consultancy services.
Housden says: “I am excited to be joining an energetic and growing family at
The oil price surge following the deadly US airstrike against Iranian general Qassem Suleimani is unlikely to be sustained, commodities-focused hedge fund managers have told Hedgeweek.
The European Energy Exchange (EEX) has successfully integrated Powernext and Gaspoint Nordic as of 1 January 2020. All required approvals have been received to integrate the natural gas spot and derivatives markets into EEX. The integration also includes registry services, which will now be operated by EEX, apart from the exchange activities.
“This is an important step for EEX Group and for our customers for which we want to offer a wide range of products and markets on one platform, providing a one-stop-shop for energy and commodity products. In line with our ambition of becoming the preferred global commodity exchange,
PEGAS registered a total natural gas volume of 190.6 TWh in December, a raise of 20 per cent year-on-year (December 2018: 158.1 TWh). With 120.8 TWh, the spot segment reported a 27 per cent growth compared to 2018 (December 2018: 95.4 TWh) and a new record on CZ VTP with 959 GWh traded (previous record in April 2019 with 787 GWh). Derivatives trading amounted to 69.8 TWh, up 11 per cent compared to 2018 (December 2018: 62.7 TWh).
In December 2019, the spot segment amounted to 120.8 TWh (December 2018: 95.4 TWh). With 45.1 TWh, the Dutch TTF market registered a
This provides Skylight IPV additional stability for the next few years and the opportunity to continue to work with clients and further develop its technology to build an ever-improved service.
BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor. Temenos’ single, global software platform and integrated operating model will deliver localised accounting and reporting to underpin the management of BNP Paribas Securities Services’ fund administration operations.
BNP Paribas Securities Services has been a partner of Temenos for more than 20 years, initially deploying the Temenos Fund Administration platform in Luxembourg to replace its legacy architecture and deliver the fundamental scalability needed for BNP Paribas to rapidly onboard new countries onto the global platform. By using a scalable platform and enabling more automated
