Latest News
Liontrust is to broaden its sustainable investment offering to European fund buyers through the launch of the Irish-domiciled GF Sustainable Future Global Growth Fund on 12 November 2019.
The Fund will use the same investment process that has been applied by the Liontrust Sustainable Investment team to managing its Global Growth strategy for UK investors since 2001.
Managed by Simon Clements and Peter Michaelis, the Fund is being launched to meet the growing demand for sustainable investment from across continental Europe. Liontrust GF SF Global Growth will join two other Sustainable Investment funds in Liontrust’s Irish range – GF SF
Four in five global investors plan to increase allocations to China in next 12 months, according to EIU and Invesco study
Over 80 per cent of global investors plan to increase either significantly or moderately their organisation’s allocation to Chinese investments over the next 12 months, according to an Economist Intelligence Unit survey on global investors’ China exposure, commissioned by Invesco. Only 4 per cent plan to reduce exposure to China.
The China Position, a survey of 411 asset owners and professional investors across North America, Asia Pacific (APAC) and Europe, Middle East & Africa (“EMEA”), collected responses from executives at
Specialist financial services consultancy Phoenix Financial PR, which represents companies in asset management, alternatives, wealth management, private banking and financial planning, has joined forces with financial services PR specialists in Australia and the USA to become a member of global financial communications network International Financial Communications Group (IFCG).
IFCG brings together Pritchitt Partners in Australia (Sydney), DAI Partners in the US (New York, Los Angeles and Washington, DC) and Phoenix, with member consultancies benefiting from the opportunity to offer clients an international communications capability across leading global financial centres.
Gordon Puckey (pictured), Managing Director at Phoenix, says: “Pritchitt Partners found
Moody’s Analytics Knowledge Services has rebranded as Acuity Knowledge Partners (Acuity) following the completion of its management buyout from Moody’s Corporation, supported by the European mid-market private equity investor Equistone Partners Europe (Equistone).
Acuity, a leading provider of bespoke research, analytics and automation technology to the financial services sector, has also appointed Philip Gore-Randall as Non-Executive Chairman.
Under its new brand identity and with Equistone’s backing, Acuity will continue to provide market-leading customised knowledge services to a growing, blue-chip client base of over 300 financial services firms globally, in domains such as investment banking, investment research, private equity &
Intercontinental Exchange is to aunch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world’s first futures contracts based on Abu Dhabi National Oil Company’s (ADNOC) Murban crude oil.
On 4 November, 2019, Abu Dhabi’s Supreme Petroleum Council (SPC) announced that it would implement a new pricing mechanism for ADNOC’s Murban crude. As a result, Murban pricing will move from a retroactive official selling price to market-driven, forward pricing using a Murban futures contract as its price marker. The SPC also authorised ADNOC to remove destination restrictions on Murban crude sales. With the support of ADNOC, the Murban
Vistra, a global corporate service, trust and fund administration provider, has completed the rebrand of London Legalisation Services (LLS), a London-based provider of legalisation and consular services, as Vistra.
Derek Kemp (pictured), Regional Managing Director, UK, Ireland, Channel Islands & Middle East, says, “We are excited about the completion of the rebrand. The successful integration of LLS under the Vistra brand has further broadened our capabilities in the UK, enabling us to provide truly one-stop solutions. It complements the corporate and commercial legal and compliance services we are providing through Vistra Corporate Law. Harnessing our local expertise and global reach
Most Alternative UCITS funds are having a very solid 2019 so far with the LuxHedge Global Alternative UCITS Index posted a tiny gain of +0.06 per cent in October, bringing year-to-date results for the average fund up to +3.22 per cent.
Some 80 per cent of funds are able to post positive results so far in 2019.
Nearly every strategy index is doing well in 2019, with performance for Macro strategies standing out most. CTA’s gave back part of their YTD gains in October, but the LuxHedge CTA & Managed Futures Index remains at +8.86 per cent YTD. Equity
BitGo, a specialist in digital asset financial services, has launched the first institutional-grade wallet and custody solutions, providing on-chain, multi-signature security for TRON’s TRX token. TRON will also be using BitGo as its custodian.
“BitGo is a trailblazer and well-known marker of quality for the digital assets industry,” says Justin Sun, CEO, TRON. “Together we are manifesting the next chapter of blockchain and financial services. We are proud of this partnership and the value it will provide to the entire industry.”
BitGo enables businesses to integrate digital assets into their investment portfolios securely and at scale with 100 per cent
Alpha FMC, a provider of specialist consultancy services to the Asset and Wealth Management industry has completed the acquisition of Obsidian Solutions Limited, a financial services cloud-based SaaS business in the United Kingdom.
Obsidian brings a highly complementary suite of financial service software products including advanced business intelligence, client portals, reporting, and automated subscription/KYC management to Alpha FMC.
Alpha FMC is paying GBP5.7 million cash in two instalments to conclude the deal, the first instalment being payable on completion and the second after six months, plus a four-year, performance driven earn-out mechanism designed to maximise long-term recurring earnings
Euan Fraser,
Mizuho Americas’ investment banking subsidiary Mizuho Securities USA has become a new General Clearing Member (GCM) and as Trading Participant on the European Energy Exchange (EEX).
As a GCM, the bank is now authorised to provide clearing services for all customers of EEX Group’s clearing house as well as for all products and markets cleared by ECC.
“MSUSA” is a wholly owned investment banking subsidiary of Mizuho Americas LLC and indirect subsidiary of Mizuho Bank, based in Tokyo, Japan. MSUSA is a CFTC-registered futures commission merchant and SEC-registered broker dealer. It has memberships in, or access to, global futures exchanges
