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Specialist fixed income manager, BlueBay Asset Management (BlueBay), has appointed Alex Navin to join the firm’s Structured Credit team as Portfolio Manager.
Based in London, Navin will report to Sid Chhabra, Head of Structured Credit and CLO Management, and will support him in managing BlueBay’s global structured credit strategies.
Navin has nearly a decade of structured credit experience. He joins from Citigroup Global Markets, where he held a number of roles, most recently as senior CLO trader. Navin achieved a BS Mechanical Engineering (in honours) from Virginia Tech, Magna Cum Laude.
Navin’s appointment is the latest hire for
It’s just over a year since PAAMCO Prisma debuted Launchpad, a co-investment platform for seeding and supporting emerging hedge funds with Employees Retirement System of Texas (ERS) as its inaugural investment partner. Jeff Willardson (pictured), Managing Director, PAAMCO Prisma and Head of Investments for Launchpad brings Hedgeweek up to speed on the past twelve months and what to expect in the coming year…
HW: What was the thinking/motivation behind the establishment of Launchpad?
JW: Launchpad was an idea that came about organically through conversations between us and ERS of Texas (ERS). It was really a coming together of two like-minded
Profile Software, a financial software solutions provider, has released the latest version of Login’s Acumennet, a treasury management solution that is available in the cloud, on Amazon Web Services and Microsoft Azure platforms.
Acumennet is based on the latest technologies and provides multiple options for deployment which enable interoperability, scalability and costs efficiencies.
Acumennet is a flexible Front-to-Back Treasury Management platform that has been implemented in various countries across the world on a single instance and multi-entity or as Treasury hub with the ability to operate 24×7 being online and in real-time. Having been recently upgraded, the dashboard includes numerous widgets
The Derivatives Service Bureau (DSB) has announced the results from its first consultation of 2019, and the opening of its second consultation aimed to shape the DSB service provision for 2020.
The DSB was founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives.
The first consultation closed on 5 June 2019, and sought responses on a series of questions regarding the DSB’s service and functionality from both direct and indirect users. A total
Interest in alternative investment opportunities appears to be on the rise in continental Europe, according to the new eVestment Advantage Viewership Report covering activity on eVestment in June.
Seven of the top 10 rising universes by continental Europe investors and consultants using eVestment were non-traditional; UK-based Sagil Capital LLP’s Latin America Opportunities Fund LP was the most viewed within the Fundamental – Long/Short Equity universe and Luxembourg-based AlphaBee Asset Management Fund was the most viewed within the Fund of Funds – Multi-Strategy universe. Greylock Capital Management LLC’s Global Opportunity Master Fund Ltd., the most viewed product within the Event Driven
Latin American investment bank Banco BTG Pactual, together with Dubai-based asset manager Dalma Capital, are to utilise the Tezos blockchain for security token offerings (STOs), including the ongoing REITBZ STO.
By utilising the new platform for digital securities transactions, the financial institutions address a deal pipeline in excess of USD1 billion for existing and prospective token issuances – with an outlook to utilise Tezos to tokenise a wide variety of traditional and alternative investments.
As governments worldwide and in the Middle East take measures to introduce digitalisation initiatives across industries, blockchain spending globally is to reach USD2.9 billion this year, and USD307
Traiana, an infrastructure service for trade lifecycle and risk management solutions, has launched a new service to fully automate the post trade lifecycle management of the multi-trillion dollar equity swaps market.
Traiana says its Equity Swaps Lifecycle Management service will transform the market’s previously manual, labour intensive and inefficient post trade affirmation processes for clients globally.
Equity Swaps Lifecycle Management normalises data reported by swap providers and conducts reconciliation and affirmation of daily valuations, payments and legal confirmations to identify any changes to the underlying swap attributes. It also improves the longstanding negative affirmation issues in the equity swaps market
Experienced hedge fund managers looking to set up on their own should take note – running a book and launching a fund are two very different things. So says Peter Greene (pictured), a partner at law firm Lowenstein Sandler in New York, who outlines four vital steps on the road to a successful launch…
If you’re a well-pedigreed hedge fund manager – one who has worked at a blue-chip firm and managed a large book with a successful track record – you might have a desire to launch your own hedge fund. It’s hard to say how many think about
EEX Group is planning to extend its Power Derivatives offering in the first half of 2020 by launching Trade Registration services for Japanese Power Derivatives.
Following meetings in Tokyo this week, the Ministry of Economy, Trade and Industry (METI) in Japan have confirmed EEX Group’s plans to launch clearing services for financially-settled Japanese power derivatives is allowed under the Japanese Commodities Derivatives Act. The new product offering, which is subject to standard European regulatory approval, will be the first Asian market area on the EEX Power Derivatives platform, which currently comprises 20 market areas in Europe. The EEX Group Japan
PEGAS, a pan-European gas trading platform of EEX Group operated by Powernext, has reported a doubling of the volume of futures contracts traded on the platform in June 2019 compared to June 2018.
In total, 111.3 TWh of futures products were traded (June 2018: 55.5 TWh), mostly on the TTF hub which registered 92.2 TWh on its own (June 2018: 42.7 TWh).
With a 44 per cent increase, the spot segment also experienced a very strong growth and reported 108.1 TWh in June 2019 (June 2018: 74.9 TWh) thanks to the good performance of most of the hubs.
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