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The Nomura Global Dynamic Bond Fund, managed by Richard “Dickie” Hodges has reached the USD1 billion mark, having delivered 16.8 per cent YTD.
Launched in 2015, the investment objective of the Fund is to provide a combination of income and growth through investing across the fixed income markets.
Hodges, Head of Total Return Fixed Income, says: “This is a very important milestone for our fixed income team and I am appreciative for the huge levels of investor support during these uncertain times. We are proud of how we have managed to navigate market conditions dominated by low interest rates,
State Street Corporation has launched a new digital asset pilot in collaboration with Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian.
The pilot builds on ongoing research and development in the digital asset space to combine Gemini Custody with State Street’s back office reporting.
The first of its kind, this pilot performs reporting scenarios on a user’s holdings within Gemini Custody. Initially, the pilot reports holdings of two cryptocurrencies chosen for liquidity reasons. However, it can be adapted to report on holdings of other digital assets, such as security tokens. It allows the user to consolidate the reporting of their
Guardian Capital (Guardian) has converted the Guardian Strategic Income Fund from a private offering, launched in May 2013, and available only to accredited investors, to an alternative mutual fund.
The Fund is available through prospectus in Series A (fund code GCG 502), Series F (fund code GCG 602), and Series I units, each subject to specific terms and means of entry.
The change in Canadian securities rules, to permit the sale of alternative mutual funds to a broader audience, has provided investors with the opportunity to add a sophisticated level of diversification to their portfolios. Alternative mutual funds are similar
Thalēs, a financial services firm specialising in derivatives brokerage and capital raising, has appointed David Wulffleff as Managing Director.
With more than 19 years of experience focused on listed derivatives execution and clearing, Wulffleff has amassed valuable experience in servicing commodity merchants, energy companies, and hedge funds. Before joining Thalēs, Wulffleff held leadership roles at Mizuho Securities as a Managing Director of Clearing Sales as well as at Banco BTG Pactual as an Executive Director of International Sales. Prior to that, Wulffleff was Director of Front-to-Back Sales at UBS Securities, Director of the Global Futures Group at ABN AMRO, and Vice
The hedge fund industry broke free from a four-month redemption streak in October with USD1.9 billion in net inflows for the month.
October’s inflows represented 0.1 per cent of industry assets and were a turnaround from September’s USD14.7 billion in redemptions, according to the Barclay Fund Flow Indicator published by BarclayHedge.
Coupled with USD14.7 billion in October trading profits, the inflows brought total industry assets to more than USD3.13 trillion as the month ended, up from USD3.05 trillion at the end of September.
October’s net inflows came despite troubling economic news that led to significant redemptions from hedge funds in
BTIG has added Keryn Limmer, a Managing Director, to its Outsource Trading division in New York. Limmer joins the unit from the firm’s Institutional Equities team, where she held a senior sales trading role for more than 15 years.
“We are excited to welcome Keryn to the BTIG Outsource Trading team at this critical period in our business development efforts worldwide,” says Chris Casanovas, Managing Director and Head of BTIG Outsource Trading. “As a proven firm leader with extensive sales and trading expertise, Keryn is an important strategic and tactical addition to our team. She has deep and established relationships
Shankar Ramakrishnan has joined Informa Global Markets, a subsidiary of Informa plc, as senior bonds editor for its NYC-based Informa Global Markets (IGM) credit team.
In his new role, Shankar brings a wealth of institutional and industry knowledge in global investment banking and capital markets that will assist in the continued build out of IGM’s real-time, intra-day and periodic coverage of deal flow across the investment grade, high yield and structured product markets. Ramakrishnan will work closely with the existing US teams, and alongside colleagues in Europe and throughout Asia Pacific.
“We are delighted to welcome Shankar as the newest
Crypto Asset Rating (CAR), an Independent Structured Rating Agency, has expanded its global team further with the appointment of David Goldenberg as Corporate and Regulatory Advisor.
Goldenberg will bring to CAR his extensive legal, compliance and regulatory experience in the financial services industry, including in the area of credit ratings.
“Goldenberg is an accomplished global executive, having led legal and compliance departments of various sizes through a range of challenges over the past 22 years” says Lacey Kaelani, a spokesperson for Crypto Asset Rating Inc. “We are excited to benefit from his experience and judgment as we bring consistency and transparency to the
INTL FCStone has executed a definitive sale and purchase agreement to acquire the brokerage businesses of Tellimer Group.
This transaction will involve the purchase of Exotix Partners, Tellimer Capital Ltd (Nigeria) and the broking business of Tellimer Markets Inc. The closing of this transaction is subject to limited conditions including regulatory approval.
Tellimer (formerly Exotix) has been a leader for twenty years in providing institutional investors, corporates, and governments access to the most dynamic and complex financial markets in the world. With offices in London, Dubai, Lagos and New York, the broking business covers over 170 trading markets in Equities
EEX Group has successfully completed the first migration of Freight Open Interest from Nasdaq Futures, Inc (NFX) to European Commodity Clearing (ECC), EEX Group’s clearing house.
In the first of three scheduled matching sessions, a total of 69,144 lots of Freight Open Interest, which equates to more than 40 per cent of the entire NFX Freight portfolio, was migrated from NFX’s clearing house Options Clearing Corporation (OCC) to ECC.
Speaking on the migration, Steffen Koehler (pictured)(, EEX Chief Operating Officer, says: “I am very encouraged with the results of the 1st matching session and would like to extend my sincere
