Latest News
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
Guernsey is proposing to adopt limited liability companies (LLC) in a move intended to enhance the island’s competitive position in the United States.
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.
LLCs are commonly used in the US as structures for trading businesses, holding vehicles and special purpose vehicles. It offers a flexible hybrid structure for any lawful business purpose or activity, offering legal personality and limited liability in a tax-transparent structure. There has been commercial interest in Guernsey in introducing LLC
Ocorian, a provider of trust, administration and fiduciary services to corporate, institutional and private investors, has made three senior additions to its management team in Luxembourg – Susana Carvalho – Associate Director, Head of Funds Operations, Emmanuelle Poret – Head of Client Onboarding, and Rachel Aguirre – Head of Luxembourg Operations.
Managing Director and Head of Luxembourg and The Netherlands, Jean-Marie Bettinger, says: ‘We are delighted that Susana, Emmanuelle and Rachel have joined us at such an exciting time for the Luxembourg office. Their impressive experience and expertise will help us to continue to offer a high-level of client service and will also help
Vistra, a global trust, fund administration and corporate services provider, has appointed Jervis Smith as Country Managing Director of Vistra Luxembourg, effective 17 September 2019.
Smith will be responsible for leading Vistra’s Luxembourg office and growing the business, together with the Vistra office in The Netherlands, in order to maximise joint opportunities between the two offices, which share a mutual base of clients and culture. Based in Luxembourg, he will report to Vincent Bremmer, Regional Managing Director, Europe, Vistra.
Commenting on the appointment, Bremmer says: “Emerging as a jurisdiction of choice for corporations, institutional investors and private individuals amid
