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Thesis Unit Trust Management Limited (Tutman), an independent Authorised Fund Manager (AFM), CRUX Asset Management Limited (CRUX), an independent fund management company, and Sanditon Asset Management Limited (Sanditon), an independent investment management firm, have transferred two Sanditon funds to CRUX.
The board of Sanditon has made the decision to wind up the company and has elected to retire as manager of these funds. Tutman has selected CRUX as the successor. As a result, the investment manager of TM Sanditon European Fund and TM Sanditon UK Fund will change from Sanditon to CRUX, subject to the necessary regulatory approvals, which are
The US Securities and Exchange Commission (SEC) is neeting on Wednesday 23 October to vote on proposed changes to the SEC’s highly successful Dodd-Frank Act whistleblower reward program.
If approved, the proposed changes will destroy vital whistleblower protections, undermine the whistleblower reward law, and place investors at significant risk to be harmed by increased frauds, according to whistleblower rights law firm of Kohn, Kohn and Colapinto.
The firm has taken a leadership role in trying to convince the SEC Commissioners to reject all of the anti-whistleblower proposals. Over the past week, whistleblower attorneys from the firm have met with members
Cryptocurrency exchange bitFlyer has launched the bitFlyer app across Europe and the USA. The app, available for free on both iOS and Android, will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Monacoin (MONA) and Lisk (LSK).
The bitFlyer app aims to make it even easier for users to buy and sell, whilst still adhering to the same robust KYC and verification standards as the bitFlyer website.
Since 2014, bitFlyer has been trusted by millions across the globe as the most secure platform to easily buy and sell cryptocurrencies,
Jersey Finance has formally opened its new office in New York as the jurisdiction looks to enhance its visibility in the US and promote its proposition as a gateway to Europe for US alternative fund managers.
The office was officially launched at an event held at The Peninsula New York on 16 October, attended by around 100 lawyers, intermediaries and other US fund professionals, who heard from Senator Ian Gorst, Minister for External Relations for the Government of Jersey, and Joe Moynihan, CEO of Jersey Finance, about Jersey’s growing ties with the US.
The launch of the office comes
Thornburg Investment Management (Thornberg), a global investment firm that oversees USD43 billion in assets, has appointed Ben Kirby and Jeff Klingelhofer as co-heads of investment – a newly-created position.
Kirby and Klingelhofer will lead Thornberg’s investment process, deepen the firm’s risk management platform and guide the implementation of ESG analysis across the entire suite of investment solutions. They are to join Thornberg’s executive management team, reporting to Jason Brady, Thornburg President and CEO.
“Ben and Jeff are exceptional leaders, and their contributions and success as investors on multiple investment strategies along with their embodiment of team-centric collaboration have been
Charles A Hurty, a board member of SkyBridge Capital’s Multi-Advisor Hedge Fund Portfolios, has retired after 17 years as a director.
Hurty is a former partner at KPMG and served as a trustee and director at iShares from 2005-2015. During his time serving on the Skybridge Series G Board, he oversaw the growth of assets under management from USD40 million to approximately USD5 billion as of 2019.
“It has been an honour and distinct pleasure to have served on the Board with Charles,” says Ray Nolte, SkyBridge Senior Partner, Co-Chief Investment Officer and Series G Chairman. “He brought our
ACA Compliance Group (ACA) is expanding its European presence with the opening of a new office in Birmingham.
The office will allow ACA to offer a full suite of services designed to strengthen and streamline financial services firms’ governance, risk and compliance arrangements.
Key to the services offered from the Birmingham office will be ACA’s Analysis and Review Centre (ARC). The ARC helps to reduce the workload of CCOs and in-house compliance teams by allow them to pass on executional regulatory responsibilities to ACA. This on-demand service aims to provide an efficient, scalable and cost-effective compliance across the UK.
CryptoCompare, a specialist in digital asset data, has launched a real-time order book product which will enable professional and enterprise clients to create predictive analytics to monitor exchange trading in real-time and anticipate sudden changes across trading activity, asset pricing, cost of trading and liquidity.
CryptoCompare’s real-time order book feed offers streaming, standardised order book data for over 3,000 cryptocurrency pairs traded on the top tier spot exchanges, as defined by the CryptoCompare Exchange Benchmark. Spanning level 1 and level 2 order books, the feed includes top bid/asks and full depth, and can be filtered by exchange, pair and depth
iM Global Partner, an investment and development platform focused on acquiring strategic investments in traditional and alternative investment firms in the US, Europe and Asia, has created a new Client Servicing Department dedicated to international distribution.
Clément Labouret (pictured) has been appointed as Client Services Manager to lead the new department.
iM Global Partner has grown from from three people and USD1.5 billion of assets under management in December 2015 to 22 people and USD10.7 billion of assets under management today.
Based in Paris, Labouret will support the International Distribution team and coordinate with the Partners of iM Global
BSO, an Ethernet network, cloud and hosting provider for the financial services industry, is now providing connectivity solutions to Gemini, a cryptocurrency exchange and custodian, directly from the global BSO network.
BSO’s global Crypto Connect network provides specialist solutions for both institutional clients, who require the same high-quality access to Gemini as they do for other traditional asset class exchanges, as well as the demanding crypto community, who equally require nimbleness, high availability and a high performance hybrid network. BSO delivers guaranteed latency on layer 2 backbone with high security to ensure that current and future business needs are catered
