Latest News
Context Capital Partners, an alternative specialist firm with holdings and operating companies in various sectors of the alternatives space, has appointed Eric Noll as Chief Executive Officer of Context Capital Partners, with Ron Biscardi (pictured) shifting to become Chief Executive Officer of Context Summits on a full-time basis.
In his new role, Noll will be responsible for overall management of Context Capital Partners and its various holdings, growth initiatives and strategic partnerships. The addition of Noll will allow Biscardi, who has served as CEO of Context Capital Partners since 2005, to focus on the overall long-term strategic direction and continued growth and success
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe.
The paper’s recommendations are intended to encourage collaboration between regulators in Europe and work towards a common approach to the regulation and development of crypto-assets in financial services.
James Kemp, Managing Director, Head of Technology and Operations at AFME, says: “There has been a rapid rise in the development of crypto-assets, which could offer significant benefits for wholesale markets. However, to realise those benefits, it is increasingly important that crypto-asset regulation is
The Wilshire Liquid Alternative Index, which provides representative baseline for how the broad liquid alternative investment category performs, returned 0.31 per cent in October, in line with the 0.31 per cent monthly return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“October was a positive month for risk assets, with equities drifting higher on the back of softening geopolitical tensions and supportive central bank policy,” says
Jill Kreutz is to join BTIG’s Outsource Trading division in Dallas.
Kreutz joins the unit from the firm’s Institutional Equities desk, where she held a senior sales trading role for over 12 years.
“We are thrilled to welcome Jill to the BTIG Outsource Trading team,” says Chris Casanovas, Managing Director and Head of BTIG Outsource Trading. “Jill has skilfully developed significant relationships with clients across the country. As a Texas native, she has also become a trusted partner for many of our clients in the South and Midwest. Jill fully understands the needs of newly-launched funds and established market
By Gary Paulin (pictured), Global Head of Integrated Trading Solutions, Northern Trust Capital Markets – The asset management industry is facing unprecedented pressure from competition, fees, regulatory and compliance challenges, technology costs and shifting product demand. The resulting squeeze on margins is forcing many to lower operating costs and increase scale via consolidation and/or outsourcing.
In recent years, asset servicing has experienced two distinct cycles of outsourcing. In the 1980s, it was the back office. In the early 2000s, it was the middle office. Pressure on asset management is leading to a third wave of outsourcing, this time around the front
EEX Group is to acquire Nasdaq Futures’ (NFX) futures and options exchange business. EEX Group will acquire the core assets of NFX, including the portfolio of open interest in NFX contracts.
The transaction involves the transfer of existing open positions in US Power, US Natural Gas, Crude Oil, Ferrous Metals and Dry Bulk Freight futures and options contracts to EEX Group’s clearing houses Nodal Clear and European Commodity Clearing (ECC).
The agreement signifies another major development for EEX Group’s global business as it continues to expand its presence in the US energy markets and seaborne commodities sector.
Speaking on the
FactSet, a provider of integrated financial information and analytical applications, has deployed the FactSet workstation on OpenFin, the financial industry’s operating system.
The use of OpenFin provides clients with the opportunity to leverage FactSet seamlessly and efficiently alongside proprietary, internally developed desktop applications. Users will also be able to integrate third-party applications available within the OpenFin ecosystem directly into their FactSet workflows.
This flexible access will be provided using the FDC3 interoperability standards. Through the adoption of open technology ecosystems such as OpenFin and standards such as FDC3, financial institutions have greater access and opportunity to build integrated workflow solutions
The pace of hedge fund returns picked up a bit in October, with the industry posting a monthly gain of 0.88 per cent, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
By comparison, the S&P Total Return Index was up 2.17 per cent in October.
For the year-to-date through October, hedge funds returned 7.95 per cent. Over the same period, the S&P Total Return Index gained 23.17 per cent.
October saw positive returns across 28 of Barclay’s 31 hedge fund indices. Hopeful economic signs on several fronts contributed to the month’s gains.
“In
Electra Information Systems (Electra), a provider of post-trade solutions for the buy-side investment management industry, has added new capabilities to its Electra Reconciliation platform to enable firms to expedite investigations by quickly identifying the root causes of trade breaks or exceptions.
Electra Reconciliation 6.0 incorporates intelligent integration of research data, machine learning, and a proprietary matching algorithm to give operations professionals faster root-cause analysis, improve productivity, and enable management to gain real-time insight into its current positions.
Investment managers’ operations teams spend an excessive amount of time investigating exceptions. Often, multiple departments across the middle and back offices participate in
Caspian, a full-stack crypto trading and portfolio management platform for institutional investors and sophisticated traders, is to partner with CoinRoutes to offer trading algorithms to the market.
The new partnership will enable CoinRoutes clients to gain access to Caspian’s leading suite of institutional grade trading solutions that include: OEMS, PMS, ability to trade derivatives, and detailed compliance reporting tools. Caspian clients will now be able to use CoinRoutes vast trading algorithms directly and seamlessly.
Robert Dykes (pictured), CEO of Caspian, says: “We are very happy to announce our partnership with CoinRoutes, as a vendor and exchange neutral provider we
