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SANNE, a global provider of alternative asset and corporate services, has further extended its global reach with the opening of a new office in Mumbai, India.
With existing offices in 18 leading international finance centres, SANNE now has a local presence in one of the world’s fastest growing alternative markets and is also pleased to announce the appointment of Khushboo Chopra (pictured) as Head of Business Development – India.
The opening of this new office expands SANNE’s already strong network of offices across the EMEA, Asia-Pacific and Americas region and adds further capability and scope to the services SANNE
Over the past 12 months the asset management industry has made significant progress in advancing its digital capabilities, according to the latest Digital Readiness Survey from Alpha FMC, an asset and wealth management consultancy.
The study finds that firms are seeking to reinvent both how they interact with their clients and how they operate, and that digitalisation is a key element to success. It shows a continued focus on the use of digital approaches to improve client experience, making the most out of the data they have available, and making use of new technology to drive further operational efficiencies. There
IOWA.rocks, a new financial data marketplace is to provide energy and commodity market data customer with data from Numerco, a specialist in the Nuclear Fuel and Marine Distillate DMA Fuels markets.
Numerco Limited is an independent commodity supply company, specialising in both sourcing and supply chain optimisation of physical materials, energies and industrial products.
Scott Lawrence, Co-Founder and Managing Director at Numerco, says: “The implications of the 2020 reduction of sulphur content of marine fuel is expected to have wide-ranging and significant implications on the global markets at many levels. We are keen to work with industry innovators such as
Paris-based quantitative asset manager TOBAM has adopted a carbon footprint reduction policy across its Anti-Benchmark Credit strategies.
This systematic carbon footprint reduction of at least 20 per cent versus the reference benchmark’s carbon footprint is now being applied to fixed income portfolios. The announcement comes after TOBAM had previously introduced a carbon footprint reduction policy across its equity portfolios in June 2018, showcasing TOBAM’s commitment to sustainability.
TOBAM’s quantitative approach allows them to adopt sustainable initiatives at the portfolio level, without compromising the portfolio’s diversification characteristics.
The move is set to further cement the environmental, social and governance commitments taken
Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations.
“With Pico as a premiere technology service provider to the capital markets, our clients have benefited from access to a wide range of top trading technologies within the Pico environment,” says Jarrod Yuster (pictured), Founder and CEO of Pico. “Corvil’s reputation is second to none for innovation, quality, and data analytics in the financial markets, and we have come to rely on their data to support mission-critical systems. Our
Although the macroeconomic picture for Europe has been muted in the past 24 months, the continent’s alternatives industry is moving from strength to strength, according to Preqin’s second annual Alternatives in Europe report in published in partnership with Amundi.
2018 has seen record activity across most alternative asset classes, with Europe-based alternative asset fund managers holding EUR1.62 trillion in AUM as of the end of June 2018 – up almost EUR300 billion in just three years.
The opportunities present in Europe are apparent to investors globally – almost half of the institutions with a preference for the region are now
INDOS Financial, an independent fund depositary and oversight business, has selected Vigeo Eiris to provide Environmental, Social, Governance (ESG) data to support its independent ESG screening and verification service to asset managers and their stakeholders.
Under terms of the agreement, Vigeo Eiris will provide INDOS access to ESG and Corporate Social Responsibility data allowing it to screen, independently, investment portfolios and provide bespoke reporting as part of a wider independent ESG oversight and verification service.
The INDOS service will enable its clients to demonstrate compliance with ESG policies and mandates, mitigating the risk of greenwashing, whilst providing internal and external
Jersey’s ability to offer a quality service in the alternative investment space will ensure ongoing growth of its funds industry, according to Tim Morgan, the new Chair of the Jersey Funds Association (JFA).
Elected into the position of Chair at the recent AGM (28 June) of the trade association that represents Jersey’s funds industry, Morgan (pictured), a Partner at offshore law firm Mourant, has practised in Jersey since 2003 advising promoters, investors, boards, regulators and service providers across asset classes including private equity, credit, real estate, hedge and liquid securities.
Prior to Jersey, Morgan originally trained with Taylor Wessing in London and
By Martin Lovick (pictured), Senior Principal Consultant, ACA Compliance Group – Sexual harassment and other forms of “non-financial misconduct” are now on equal footing with types of financial misconduct, such as market abuse, for the UK Financial Conduct Authority (FCA). Firms and employees are at risk of regulatory sanctions – including, for individuals, the possibility of not being found to be “fit and proper” – for failure to fulfil the FCA’s evolving diversity and inclusion (D&I) expectations.
Insight Investment has appointed Andrew Stephens as Head of Distribution, EMEA. Stephens, who joined Insight on 1 July, is based in London and reports to Angus Woolhouse, Global Head of Distribution.
Stephens joins Insight from Blackrock where he spent 19 years, most recently as Head of UK Institutional Client Business.
Woolhouse says: “Serving our clients and their advisers is of fundamental importance to our business. At a time when their needs are becoming ever more specific and complex, Andrew’s strength and depth of experience adds further weight to our global distribution efforts.”
Stephens sats: “Insight has a reputation for
