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Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, and Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, have launched Tradeweb ICE US Treasury Closing Prices by Tradeweb and ICE Benchmark Administration Limited (IBA).
Trusted reference price data is critical for financial firms to manage investment portfolios, evaluate the fair value of securities, perform compliance monitoring, and satisfy general accounting standards. The Tradeweb ICE US Treasury Closing Prices are designed to represent the daily market mid-price for US Treasury securities. They are the first
The Eurekahedge Hedge Fund Index was up 0.31 per cent1 in August, outperforming the MSCI ACWI (Local) which ended the month down 2.37 per cent.
Tariff threats and slowing growth prompted the People’s Bank of China to allow the CNY to weaken past the symbolic 7 per USD level early into the month, which in turn resulted in the US Treasury Department labelling China a currency manipulator. The risk-off sentiment among investors during the month was mostly driven by political concerns encompassing the US-China trade war, the deteriorating bilateral relationship between Japan and South Korea, the ongoing protests in Hong
MidOcean Partners, a premier New York-based alternative asset manager that specialises in private equity and alternative credit investments, has appointed Adrienne Dale as a portfolio manager for MidOcean Credit Partners collateralised loan obligation (CLO) strategies.
Dale will report to Jim Wiant, who oversees MidOcean’s existing CLO business, as the company looks to expand and scale the business further. With over USD4 billion in assets and nine existing CLO transactions, MidOcean’s CLO strategies are an integral aspect of the firm’s USD8-plus billion credit platform.
“Adrienne’s deep expertise and long tenure in the CLO business will be a valuable asset to
Asset management industry veteran Ole Rollag has launched Pueblo, a new venture which aims to simplify and improve the investor/manager engagement process, reducing the burden of speculative emails from unsolicited fund managers that arrive in investor’s inboxes every day.
Pueblo is a simple and free-to-use diary scheduling tool that allows professional investors to see which managers are visiting their area and request meetings, information or other follow-up activity. Pueblo aims to eliminate the need for professional investors and capital allocators to trawl through emails and inbound calls tfrom unknown and un-curated managers. Pueblo can also be used by investors to identify
Asset management firm TOBAM has appointed Philippe Bigeard as Head of Business Development for France.
Bigeard will spearhead a new business drive in TOBAM’s native France, as the manager looks to expand the breadth of its client base. TOBAM has built its AUM to date from global institutional investors across Europe, US and Asia, and has firmly established its international footprint.
Bigeard will be responsible for growing the firm’s base of insurance companies, wealth managers and banks in France. French investors currently account for 5 per cent of TOBAM’s total AUM.
The appointment is the latest in a
Assets tracking Scientific Beta’s smart beta indices reached USD48 billion at 30 June, 2019, an increase of USD14 billion or 40 per cent year-on-year growth.
Noël Amenc, CEO of Scientific Beta, says: “In a challenging market environment for factor strategies, we have been very heartened by the continued growth of Scientific Beta’s assets under replication. We think that our success is based on transparency on explicit and implicit risks and the capacity to manage these risks using the risk-control options that are offered for all of our flagship multi-beta multi-strategy indices.”
Scientific Beta’s indices are based on an investment philosophy
QuantHouse, a global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products, is making Goldman Sachs’ SIGMA X MTF market data will accessible from within the QuantHouse API Ecosystem store.
SIGMA X MTF is a multilateral trading facility operated by Goldman Sachs (GS), offering deep and diverse liquidity on the basis of non-discretionary crossing with flow from external participants and the Goldman Sachs franchise. A recent analysis performed by GS of SIGMA X MTF auction activity identified that there is often a surplus of unexecuted liquidity in most periodic auctions. SIGMA X MTF’s own Periodic
CreativeCap Advisors, a global business advisory firm exclusively focused on asset managers, has ubveiled its second class, S’19, for the Global Emerging Manager Incubator.
The S’19 cohort includes: Navis Capital Partners’ Yield Fund, Tareo Capital Management and Pisano Capital.
“We are incredibly excited to announce our newest cohort, S’19. This round of Incubatees comes from a range of different countries illustrating our global commitment to funds worldwide,” says Tyra S Jeffries, Founder and CEO of CreativeCap Advisors. “Our program continues to be very competitive following our core mission of identifying and developing only the best-in-class emerging fund managers. Our class
PEAK6, a Chicago-based investment and technology firm, has acquired Electronic Transaction Clearing (ETC), a custodian and clearing provider with a technology-driven approach to serving the institutional and professional trading marketplace.
ETC’s institutional orientation will expand PEAK6’s footprint in custody and clearing and is a direct complement to one of its core businesses, Apex Clearing, which is primarily focused on the retail marketplace. The transaction will align ETC and Apex, two firms with a shared mission to improve foundational financial processes with technology, and position both organisations as alternatives to traditional custodians through the delivery of flexible, customisable, digital solutions that
MSCI Barra (Suisse)’ a subsidiary of MSCI is to acquire Zurich-based environmental fintech and data analytics firm, Carbon Delta (Carbon Delta).
Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and voluntary climate risk disclosure initiatives and requirements. Voluntary reporting initiatives are being led by entities such as the Task Force on Climate-related
