Latest News
New research undertaken by State Street Corporation (State Street) on institutional investors’ sentiments towards Brexit developments reveals that almost two thirds (66 per cent) believe that the UK leaving the European Union without a deal on 31 October 2019 will have a negative impact on global markets.
Almost one in three (31 per cent) expect “serious implications”.
However, if the UK secures an agreement with the EU before the set deadline, then 71 per cent of institutional investors expect this to have a positive impact on markets. In the case of an extension being agreed or a second referendum
Straits Financial Group ahas partnered with Integral to deploy new eFX workflow automation and trading technology to drive business growth.
Headquartered in Singapore, Straits Financial is a brokerage house that offers a full spectrum of derivatives and OTC products to its global client base. Committed to providing a bespoke service, the group needed an eFX platform that could meet the unique requirements of its customers.
Integral BankFX was selected by Straits Financial, who working in collaboration with Integral were able to design and deliver a bespoke solution to service existing customers and add new business.
The feature rich
The number of investment professionals who find it challenging to adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct (Code and Standards) continues to fall, according to a new Ethics Survey by the CFA UK.
The survey – the only tracker of these views across the UK’s investment profession and now in its seventh year – reveals the sector is making steady progress in recognising and responding to the importance of ethics.
Drilling down into the numbers, respondents feel that meeting duties to clients is less challenging for the sector as a whole than in
QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products, has launched Historical Data on-Demand which is designed to dramatically speed up the research, development and backtesting phase of any trading strategy.
The research, development and backtesting phase is a critical but historically lengthy and onerous process. Market participants must identify data sources, align formats and code to those data sources, allocate storage capacity to download the necessary files and ultimately incorporate into their trading models to assess the viability of their trading strategy. By this time the market has
Proteus, an Indianapolis-based alternative investment technology firm, has partnered with institutional investment consulting firm Callan, add additional alternatives due diligence expertise to the Proteus platform and streamline the approval of funds available.
Eric Knauss, Proteus’ CEO, believes Callan’s research will strengthen the platform while providing a solid foundation for future innovations.
“We’re thrilled to partner with such a prestigious industry player as we embark on a new era for the alternatives investment space,” says Knauss. “It is exciting to have the industry leadership of the Callan team as we move forward.”
Proteus’ private investment platform offers a complete
CipherTrace, a provider of cryptocurrency intelligence and blockchain security, has launched an expanded cryptocurrency intelligence platform, which in addition to Bitcoin (BTC), allows customers to trace more than 700 tokens.
Combined, that comprises more than 87 pe rcent of the volume of the top 100 cryptocurrencies, including Ethereum (ETH), Tether, Bitcoin Cash (BCH), and Litecoin (LTC). CipherTrace’s increased monitoring support further includes the capability to trace several hundred ERC20 tokens.
“I would emphasise that this giant leap in blockchain visibility was no easy feat,” says Shannon Holland, CipherTrace CTO. “It has taken intense work and technological breakthroughs over the
Global finds network Calastone has appointed Dan Kramer as Vice Chairman, to be based in the firm’s New York office.
Kramer joins Calastone from BNY Mellon, where he held the position of EVP and Chief Client Experience Officer, managing all stages of customer experience across client service, insight and strategy. During this time, he was also a member of the CIBC Mellon Board. Prior to this, he spent eight years at JP Morgan Chase as Head of Fund Services.
Kramer will spearhead the firm’s strategy for expansion across the Americas, leveraging his more than thirty years of experience and
Managed futures funds reversed course from the prior month’s gains in September and declined 1.48 per cent according to the Barclay CTA Index compiled by BarclayHedge. For the year-to-date, CTA funds were up 6.08 per cent through the end of September.
“The trend is your friend is a timeworn cliché among momentum traders in futures markets,” says Sol Waksman (pictured), president of BarclayHedge. “Friends were few and far apart in September as Treasury yields and agricultural markets rebounded from the previous month, gold’s uptrend stalled as prices dropped, and crude oil, which had been trending downwards, spiked up 16 per
Vanguard Asset Management (Vanguard), a provider of high-value investment services, has launched the Vanguard Active UK Equity Fund.
The Vanguard Active UK Equity Fund is designed for investors seeking exposure to UK companies at a low cost. It will employ the approaches of two external fund managers focused on identifying growing UK companies, in a fund designed to be held for the long term.
The Vanguard Active UK Equity Fund is sub-advised by Marathon Asset Management (50 per cent) and Baillie Gifford (50 per cent). Marathon Asset Management look to identify UK companies that benefit from the flow of
Nuveen, an asset manager overseeing investments across real estate, private credit, farmland, private equity and forestry, is to open a new office in Copenhagen to facilitate future growth in Northern Europe.
The office opening comes as a direct consequence of increased business volumes in the region and will ensure Nuveen has proximity to both present and future clients in the region.
The office is situated in Hellerup, close to Copenhagen, and will serve as the main hub for all advisory services activities across the Nordics and the Benelux region. The office is led by Per Frederiksen, Head of Continental
