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SatSimple, a UK provider of bitcoin services has acquired PolyX, an EU-regulated crypto exchange and secure wallet provider.“PolyX’s technology platform, their unique risk based approach and regulatory status fits perfectly into SatSimple’s strategic build plan for delivering innovative and secure Bitcoin services to customers in the crypto asset space,” says John Clifford, SatSimple’s Head of Communications. “It is one of a number of acquisitions planned in the lead into SatSimple’s launch later in 2020. The mission of SatSimple is to provide the next generation of integrated Bitcoin services that are, less complex, more secure, and highly transparent.”
Stanislav Chernukhin, CEO of PolyX, adds:
ResearchPool has launched a new interactions management tool on its platform that allows buy-side firms to simplify the monitoring, aggregation, analysis and evaluation of investment research and corporate access related interactions.As part of the investment process, investment professionals acquire, in addition to written investment research, a range of other advisory services from sell-side firms, such as conferences, one-to-one meetings with corporate executives, tailored roadshows, sell-side analyst calls and meetings. Investment firms may also arrange meetings and interact directly with corporates.
MIFID-II’s research unbundling regulations has uncovered that some investment firms spend more than fifty percent of their external investment research
Alternative asset manager Canyon Partners has marked the five-year anniversary of the River Canyon Total Return Bond Fund (RCTIX). Since inception in 2014, the fund has consistently outperformed its benchmark, the Bloomberg Barclays US Aggregate Index, and its fund category on an annualised basis by 3.19 per cent and 2.40 per cent respectively. The fund has a 5-Star overall Morningstar Rating.
“The growth and performance of the Fund is reflective of Canyon’s research process, focus on security selection, and our long history of generating strong absolute and risk-adjusted returns in structured credit sectors,” says George Jikovski, Senior Portfolio Manager and Head
Velox Clearing (Velox), a technology-driven clearing firm, has appointed brokerage industry veteran Michael Higgins as its Chief Executive Officer. Higgins brings three decades of financial services leadership experience to Velox, most recently serving as Head of Operations at LPL Financial (LPL). In this position, he oversaw all areas of the firm’s operations while mitigating risk, increasing efficiency, and working to continuously improve the client experience. At LPL, he was also Senior Vice President of Operational Risk Management, where he was responsible for the development and implementation of a risk culture and mitigation methodology throughout the firm’s operational and service organisations. His
Fiera Capital, an independent multi-boutique asset management firm, with over USD124 billion under management, has established a new European Headquarters at Queensbury House, Old Burlington Street in Mayfair, London. This move will see Fiera Capital consolidate all of its UK based subsidiaries and operations including Fiera Real Estate UK, Fiera Capital UK and Fiera Infrastructure within the same building.
The establishment of the new European headquarters follows the successful acquisition of an 80 per cent interest in Palmer Capital Partners Limited in March 2019 and its subsequent rebrand to Fiera Real Estate UK Limited. This was Fiera Capital’s first acquisition of
Productivity provides an edge in equity research, and as equity-focused hedge funds navigate the markets this year, any opportunity to use next generation technology tools to trade more adroitly will likely be welcomed. In the following Q&A with Hedgeweek’s managing editor, James Williams, Nick Mazing, Head of Research at Sentieo Inc, discusses how its platform is using the latest AI technology to improve the research workflow and reduce the time taken to ingest structured and textual data sets, and empower portfolio managers as they look to build alpha-generating investment theses.
HW: Could you begin by providing some thoughts on what productivity
By Roger Aitkin – With the former head of the Russian Federation’s Federal Tax Service and newly appointed Prime Minister, expressing the view that “all operations” with cryptocurrency should be taxed, industry pundits in the space are reflecting on what the impact and fallout might be.
Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, is live on Algorand 2.0, the world’s first permissionless, pure proof of stake blockchain platform. Tether will now provide instant confirmation, micro payments and automatic wallet support.
Tether is using one of the key features of the Algorand 2.0 upgrade, the Algorand Standard Asset (ASA) technology, which makes it possible for the tokenisation and issuance of any type of asset on the Algorand blockchain. Tether’s implementation on Algorand will benefit from block confirmations in under four seconds and transaction fees that are a fraction of a per cent, unlocking
Hedge funds posted mixed performance in January, as fears of contagion related to the coronavirus drove global equity market volatility into month-end. The HFRI Fund Weighted Composite Index posted a narrow decline of -0.19 per cent for January, with declines in Equity Hedge and Event-Driven only partially offset by gains in Macro and Relative Value Arbitrage strategies, according to data released today by HFR.
The HFRI 500 Fund Weighted Composite Index, an investable index of 500 leading hedge funds, fell -0.03 per cent in January. Liquid Alternative UCITS strategies also posted mixed performance for the month, as the HFRI-I Liquid Alternative
Markets to stay volatile, as coronavirus fears dampen EM growth, says Bluebay
Markets to stay volatile, as coronavirus fears dampen EM growth, says Bluebay