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Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.Delcourt brings with him a wealth of experience, with 30 years in the banking industry accrued in Europe and Asia, working for global institutions, including Indosuez, ABN AMBRO and UBS. Most recently, Delcourt was the Group CEO of Banque Internationale à Luxembourg, a position he held for five years.
In his new role as Chairman of the Board, Delcourt will offer guidance and support to the executive leadership team, headed up by CEO
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.Fund Recs, an established fund industry software provider, will work with SANNE to automate the data processing and reconciliation process in its fund administration business. Delivered as a Software-as-a-Service, Velocity, will help SANNE achieve its goal of Straight-Through-Reconciliations.
Fund Recs Chief Executive Officer, Alan Meaney, says: “Through our engagement with SANNE we’ve delivered a strong relationship and are excited to be working with a group that has such a focus on providing high quality
Neuberger Berman, a private, independent, employee-owned investment manager, has opened its first Nordic office in Stockholm, Sweden.Neuberger Berman has operated across the Nordics since 2004 and will now deepen this commitment by opening a dedicated office to provide on-the-ground client support. Emelie Albeck, relationship manager for the Nordics, has relocated to Stockholm from London.
Dik van Lomwel, head of EMEA and Latin America, says: “Opening an office in Stockholm, our tenth in Europe, reaffirms our long-term commitment to the Nordic market. Providing local support and expertise is central to nurturing close client relationships.
“Over the years, we are fortunate to
Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has appointed an Lyons as Vice President of Business Development. Lyons will be responsible for driving growth for Drawbridge’s award-winning software and services.
Lyons brings over 17 years of business development expertise in the Alternative Investment space to his role at Drawbridge, with a specific focus on technology and security. Most recently, Lyons served as Director of Sales for Apex Services Ltd, which provides technology solutions to asset managers, capital markets firms and private clients. Prior to that, he had a
Now entering its sixth year of operation, ProMeritum Investment Management – a London-based discretionary emerging markets fixed income-focused manager – has notched up five successive years of positive returns since launching in January 2015.
With more than USD350 million in assets under management, the ProMeritum fund made 9.61 per cent last year, trading an opportunistic, theme-based investment portfolio built around a broad range of idiosyncratic, proprietary ideas spanning sovereign and corporate credit, local currencies and other fixed income assets.
Refinitiv has launched the Future of Sustainable Data Alliance (The Alliance) in conjunction with the World Economic Forum, United Nations, IIF, OMFIF, Tsinghua University, ASIFMA, GFMA, Climate Bonds Initiative, FinTech4good, Everledger, Institute of Public and Environmental Affairs, Bank of Africa-BCME, GoImpact and other founding member firms. The objective of The Alliance is to accelerate the mobilisation of capital into sustainable finance. The Alliance will solve the question: What data do investors and governments need to meet the requirements of both regulators and customers for sustainable investments and products in pursuit of the 2030 Agenda.
The Alliance says: “Fundamental ESG data access
Digital Vega, an FX Options e-trading platform and provider of FX Options trading solutions, has appointed Rob Wemyss as a Non Executive Director and Head of Business Development.Wemyss joins Digital Vega from JP Morgan where he was Global Head of FX Options. He worked at JP Morgan for 25 years in a variety of roles.
“During 2020 we aim to cement our leading position in multi-dealer FX Options trading by adding more liquidity providers and clients, increasing automation in our Vanillas platform and launching a new Exotics service,” says Mark Suter, Executive Chairman and Co-Founder, Digital Vega. “We are delighted
Evallon Global Investment, a New York and Hong Kong-based asset manager and alternative investment solutions provider, is making its alternative investment offering available for qualified investors from January 2020 onwards. Initially reserved for institutional investors, Evallon’s alternative platform is focused on a number of strategies ranging from secondary market transactions to private equity and to the delivery of hedge fund access.
Seeking alternative forms of investment for the diversification of portfolios is a rapidly growing trend amongst institutional investors as prevailing market conditions force capital into taking on excessive equity risk, in order to accommodate rising equity valuations throughout the major
Kempen Capital Management (Kempen) has strengthened its alternative solutions team with the appointment of Anne Mei Poppe as alternative investment specialist. Poppe, who has twelve years of experience in financial services, will focus on the growing demand from international institutional investors, wealth managers and family offices for alternative investment strategies.
Anne Mei joined from Dutch asset management and direct lending firm Dynamic Credit, where she shared responsibility for alternative fixed income sales and client management for the past three years. Prior to this, she worked as a senior financial services adviser at EY after starting her career at Heineken and BinckBank.
QuantConnect has announced the winners of its innovative Alpha Five competition, which started in October 2019 and saw a sponsoring hedge fund solicit “designer” alphas from the crowd. QuantConnect, an open-source algorithmic trading platform, provides its community of almost 100,000 quants access to financial data, cloud computing, and a coding environment where they can design, build, and live trade algorithmic trading strategies.
Alpha Five gave quants the opportunity to submit their alphas for one of the following five universes pre-defined by the sponsoring fund: Energy, Precious Metals, Technology, US Treasuries, or Volatility ETFs. Quants submitted their strategies for the chance to
