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CTAs are maintaining their strong start to 2020, with trend-following portfolios well-balanced between cyclical and defensive assets, boosting profits in the first six weeks of the year.
Long positions across equity, fixed income, precious metals and US treasuries have strengthened returns lately, analysts at Lyxor Asset Management said, adding that several factors may to support performance throughout the year.
Lyxor’s weekly briefing note, by Philippe Ferreira, senior strategist, Jean-Baptiste Berthon, senior strategist, and Pierre Carreyn, hedge fund analyst, observed how CTA portfolios are more balanced between cyclical assets – specifically equities – and defensive assets such as fixed income, precious
TrueFX, a purpose-built OTC market designed for the buyside, has launched the TrueFX Clearing Member network, with Axicorp, FXCM and Velocity Trade partnering with TrueFX to support customer access to the ecosystem.
William Blair Investment Management has confirmed the appointment of an addition to its Emerging Markets Debt (EMD) team, with Johnny Chen joining as a portfolio manager.Chen joins William Blair from NN Investment Partners, where he was a portfolio manager responsible for Asian rates and currencies for the company’s pan-Asian and Global Emerging Market Debt portfolios. He previously worked at ING Investment Management. Chen has an MSc in Financial Computing and a BSc in Economics from the University College London (UCL).
In his new role, Chen will focus on Asian sovereign debt markets. The appointment further strengthens William Blair’s emerging markets
Global law firm Ropes & Gray has appointed Egan M Cammack and Laura M Hirst to the firm’s asset management practice as counsel in Boston.
Crux Informatics (Crux) has signed an agreement with Euronext FX to enable broad market delivery of FX Market Data.
Short-selling strategies of all stripes seem set to soar amid the ongoing market mayhem which has seen global equities take a pounding following renewed coronavirus fears.
The S&P 500 was down almost 5 per cent at one point on Monday afternoon, sparked by concerns that the Covid-19 outbreak could become a global pandemic.
European markets meanwhile continued to slide on Tuesday morning, with the FTSE 100 – which closed 3.3 per cent down the previous day – shedding a further 0.83 per cent as investors fled equities for the perceived safety of assets such as gold and US treasuries.
The maelstrom follows
Tradition has reported an increase in demand the for SOFR market data via its TraditionDATA offering to gain an accurate picture of market context and colour.
EquiLend, a global technology company for the securities finance, collateral and swaps industries, has launched its new Collateral Trading service globally, following an intensive pre-testing phase.Clients from the Americas and Europe are now active on the service, with users in Asia set to join in April. Many of these counterparties were involved in the EquiLend Collateral Trading Working Group, which was formed in July 2019.
EquiLend Collateral Trading offers funding and financing desks a centralised way to execute and manage trade structures with their counterparties. The new workflow supports collateral trade negotiation, execution and management of lifecycle events, such
genesis, the international capital markets software firm, has appointed Felipe Oliveira as Global Head of Sales & Marketing, following a sustained period of growth and investment. Oliveira will be instrumental in delivering genesis’ mission to help the capital markets community innovate at speed. genesis works with a wide range of financial institutions including buy-side, sell-side, execution venues and clearing houses, providing a Low Code Application Platform, built specifically for capital markets. The platform enables the creation of products and solutions without having to write substantial lines of code, making the development of solutions much faster and much simpler. It is the