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As asset owners and allocators look to gain greater transparency and analytical insights on their multi-asset class portfolios, technology platforms are being sought out to build strategic partnerships. One recent example of this was State Street Corporation, which announced on 19 September that it had partnered with Solovis to improve transparency, alleviate complexity and streamline performance tracking and regulatory reporting for clients.
Solovis is a multi-asset class portfolio management, analytics and reporting platform and was founded six years ago by Josh Smith, the current CEO, and Caleb Doise.
As institutions ramp up their exposure to alternatives, led by private equity,
Velocimetrics, a provider of business flow tracking and real-time, in-stream performance analytics, has made significant enhancements to the new version of its VMX EndToEnd product suite.
Having earlier this year launched VMX v9.0, the new v9.2 version is set to continue building on the firm’s unique offering and making powerful data lineage even more accessible and easier to use. VMX is already used by many financial institutions.
The new Context Navigation Panel allows the user to move from the low-level, network packet-capture, to high-level statistics, individual business items, and everything in between.
Steve Colwill, Velocimetrics CEO, says:
More than two thirds (67 per cent) of senior leaders within the alternative investments industry think regulatory bodies are not doing enough regarding Environmental, Social and Governance (ESG) regulation, according to the results of a new survey by Duff & Phleps.
ESG governance considers a number of factors that determine the sustainability and ethical impact of an investment. As such, greater regulation of ESG investments could help ensure they meet the standards required, ranging from a company’s energy use to how much pollution it creates.
Ethical investors need to know that any claims made in these areas are accurate
Crypto market activity slowed significantly during the third-quarter following the summer bull run in crypto asses, but it’s settled at levels notably higher than the previous 12 months, according to a new report The State of Crypto: Bitcoin, Altcoins & Blockchain by the Numbers.
The report, released by StateOfCrypto.io, reveals that approximately 10 per cent of American adults, or roughly 24.9 million individuals, already own Bitcoin. The number has almost doubled over the last 12 months, and it’s likely to double again over the next 24-36 months. Worldwide, more than 100 million individuals already own crypto assets.
In addition, almost
MV Index Solutions (MVIS) in partnership with CryptoCompare, a specialist in digital asset data, has launched the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC), which is designed to measure the performance of a digital assets portfolio which invests in Bitcoin, priced on select exchanges.
The MVIS CryptoCompare Institutional Bitcoin Index aims to provide a robust and transparent benchmark for Bitcoin, which will be used by Canadian investment fund manager, 3iQ Corp, for the purpose of NAV calculation of The Bitcoin Fund.
“We are pleased to launch this index with our partner CryptoCompare,” says Thomas Kettner, Managing Director at MVIS. “The index
A recent trade surge in trading volume has propelled crypto trading and exchange platform PayBito into the top three in the USA, the copmpany says, ahead of both Kraken and Bitfinex.
As of 22 November, 2019 the exchange is running a trading volume of USD238,568,498 (as per CoinMarketCap).
PayBito, which has been showing consistent growth in trading volume, aims to offer a seamless experience to users. It is Segwit enabled and has liquidity integration with major exchanges, as well as advanced features like two-factor authentication with Firebase, GA, and BIP-32, pending transaction handling, and block confirmation tracking. The exchange offers
Alternative credit specialist CIFC has recruited Anders Samuelsen from Muzinich as it continues to build its European team.
Samuelsen, who began his career as a credit portfolio manager at Saxo Privatbank in Denmark, will be based in London, and joins as VP, focusing on northern Europe.
CIFC has also announced the hire of Aidan Reynolds, from Murano Connect, where he oversaw the investor research desk.
Both will be working with European Managing Director Josh Hughes (pictured) in the investor services team.
Hughes says: “Anders and Aidan have
Multi-manager CTA funds specialist Abbey Capital has promoted Mick Swift to Chief Executive Officer at the company.
Swift has been Deputy CEO and Director of Research since 2012 and one of the key drivers behind the growth and success of Abbey Capital since joining the firm in 2002.
Swift is a member of Abbey Capital’s Investment Committee and is also a director of Abbey Capital and its holding company, Cavendish Capital.
Tony Gannon, founder and current Chief Executive Officer and Chief Investment Officer will continue in his role as Chief Investment Officer and Chair of the Investment Committee. As
Independent fund administrator Opus Fund Services has acquired the fund administration unit of Advanced Fund Administration (AFA), which has offices in the Cayman Islands and New Jersey.
Robin Bedford (pictured), CEO of Opus Fund Services, says: “This is the result of many months of hard work by both parties. We are excited to have the opportunity to work with the AFA client base as they become part of the award-winning Opus proprietary platform.”
Prior to today’s announcement, Advanced Fund Administration provided multiple lines of business to its hedge fund clients consisting of legal, advisory and compliance services. Peter Young,
By Beatrice Bedeschi – The Initial Public Offering (IPO) of Saudi Arabia’s state oil company Saudi Aramco has seen a refocus on domestic investors after what was expected to be the largest IPO on history saw a reduction in valuation amid challenging market conditions.
On 17 November, Saudi Aramco said it was looking to sell 1.5 per cent of the company’s stock, or about three billion shares, on the country’s Tadawul exchange at an indicative price of 30-32 riyals, putting it at a maximum valuation of USD1.7 trillion, and below the value of USD2 trillion previously set by Riyadh, according to media
