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Callan, an institutional investment consulting firm, has hired Catherin Beard, CFA, as senior vice president in the expanding Alternatives Consulting group.
Beard is to join the Chicago office and will provide consulting and research across alternatives, with a particular focus on private credit and diversifying strategies. She will report to Pete Keliuotis, executive vice president and head of alternatives consulting at Callan.
“Catherine brings tremendous value to the Callan team, including extensive experience and a strong reputation as an investor, consultant, and allocator,” says Keliuotis. “We expect her to contribute strongly to our research, consulting, education, and business development
Spotex, a developer of foreign exchange technology systems and institutional ECN operator, has promoted John Miesner to CEO less than a year after he joined the firm.
Miesner joined Spotex as Senior Managing Director and Global Head of Sales and Distribution.
“I am grateful to the Spotex board and executive team for the confidence they have shown naming me CEO,” says Miesner. “We’ve done a lot of exciting things together already and I look forward to working with the team and our clients to bring more innovation to the market in the months and years to come.”
Miesner
HSBC Global Asset Management has launched the HSBC China Government Local Bond Index Fund.
The fund will track the performance of the Bloomberg Barclays China Treasury and Policy Bank 9 per cent Capped Bond Index. It will be domiciled in Ireland under HSBC’s ICAV platform, which facilitates access to fund globally.
The fund will be managed by HSBC Global Asset Management’s passive fixed income team, led by Head of Passive Fixed Income, Sebastien Faucher. The team currently managed around USD6.9 billion of assets in different strategies.
Faucher says: “With global yields at historically low levels, investing in China
The Maples Group, a provider of legal, fiduciary, fund, regulatory and compliance and entity formation and management services, has appointed Kim Bishop as a vice president and independent director within the fiduciary services team in the Cayman Islands.
Bishop has over 15 years of experience in the financial services industry with a focus on legal services, governance and fund administration. Prior to joining the Maples Group, Bishop has worked in investment banking as an analyst in debt capital markets transaction management as well as a member of the finance practice at Maples and Calder, the Maples Group’s law firm.
ZEDRA Group, a specialist in Trust, Corporate and Fund Services has acquired LJ Fiduciary, from investment firm Alvarium. LJ Fiduciary will be rebranded and merged into the existing ZEDRA network. The deal is subject to local regulatory approval.
LJ Fiduciary’s Swiss and Isle of Man service offering encompasses global private client, fund and corporate administration services that will enhance ZEDRA’s strategy in the ‘active-wealth’ space offering. This concept embraces the dynamic way ZEDRA assists wealthy families and individuals in their investment needs, by recognising that modern wealth is multifaceted and that ZEDRA is a partner that can deliver the full
MoonX has launched of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.
MoonX’s offering includes the world’s fastest exchange software, matching 25 million Transactions Per Second (TPS). This makes MoonX 150 times faster than its closest competitor; meaning traders can place 150 times more orders in the same time frame. MoonX processes one order in six nano seconds, by that time light would have only travelled 1.8 metres, making MoonX the fastest exchange in the world.
MoonX’s processing speed is delivered
SimCorp, a provider of investment management solutions and services to the global financial services industry, has gone live with its SFTR cloud solution, available to clients as part of the company’s latest software release.
The solution offers clients an integrated and efficient cloud solution for SFTR transaction reporting, in collaboration with the deltaconX regulatory platform. The go-live, in partnership with deltaconX, a specialist in regulatory compliance, delivers buy-side clients significant time ahead of the first wave of the Securities Financing Transactions Regulation (SFTR) reporting requirement, in April 2020.
Part of the European Commission’s drive to increase transparency and improve
In October 2019, the European Energy Exchange (EEX) increased volumes on its power derivatives market by 5 per cent to 356.0 TWh (October 2018: 339.3 TWh).
Volumes in UK Power Futures more than doubled year-on-year to 296,110 MWh and, as a result, achieved a new monthly record (October 2018: 125,070 MWh).
Clear double-digit growth was achieved in power futures for Central-/South-Eastern Europe (17.3 TWh, +55 per cent), Spain (12.5 TWh, +38 per cent) and Germany (236.5 TWh, +16 per cent).
In the EEX emissions trading market, the volume amounted to 111.3 million tonnes of CO2 in October (October
Brown Advisory, a USD76 billion, employee-owned, global investment firm, has launched the Global Leaders Sustainable Fund under its Dublin-UCITS umbrella.
The new UCITS Fund adds environmental, social and governance (ESG) screens to Brown Advisory’s top quartile performing Global Leaders Strategy. The addition of the ESG screens has been made in response to client demand.
Managed by Mick Dillon and Bertie Thomson, the fund follows the same philosophy and process that the team has employed since May 2015 when the Global Leaders strategy was launched. The Global Leaders Sustainable Fund expands on the ESG integration that is already built into their
Wilmington Trust, a specialist in corporate and institutional services, has appointed Alex Pashley as Head of Structured Finance in the UK.
Based in the firm’s London office, h Pashley e joins the Global Capital Markets European business, reporting to Alan Geraghty, Group Vice President and Head of European Operations.
Pashley’s responsibilities include overseeing the ongoing administration of the firm’s European structured finance transactions as well as growing its international franchise and offerings to its European client base, which today totals more than 480 organisations. Given the continued uncertainty around LIBOR disruption and Brexit, Pashley will join the team preparing
