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Dillon Eustace has appointed Shane Coveney as a Partner in the firm’s Asset Management and Investment Funds Practice.
With over 10 years’ experience, Coveney’s practice focuses on the structuring, establishment and operation of Irish regulated investment funds with particular expertise in exchange traded funds, UCITS and alternative investment funds and advising on the significant legal and regulatory developments impactingasset managers and fund promoters.
Coveney’s promotion to Partner builds on the Firm’s position as one of the largest and most experiencedlegal advisor to Irish domiciled investment funds with 16 Partners and an additional 20 lawyers advising global and domestic asset managers and fund promoters. The appointment is
Following strong performance in March and April, CTAs struggled in May as many markets pulled back slightly from established trends. The SG CTA Index was down -2.36 per cent, however it still remains in positive territory for the year at +2.22 per cent.
There has been a marginal improvement in Short Term Strategies’ performance as the Index was up +0.26 per cent.
Trend followers underperformed as the Index was down -2.47 per cent, but the YTD figures are still positive at +4.56 per cent. The SG Trend Indicator showed that Equity indices and the Energy complex were the most
Thalēs, a technology-driven derivatives brokerage and capital raising firm, has appointed Peter D’Angelo, Michael Geismar, and Andrew W Lo as new members of its Advisory Board.
The Advisory Board brings together a prominent group of professionals including Institutional Investor, Hedge Fund, Academic, Legal, and Technology experts. As advocates of Thalēs, the Advisory Board supports the firm and its management team through strategic analysis and advice.
“Many of these distinguished professionals have been a source of informal advice to us over the years. As members of the Advisory Board, their guidance will be invaluable to the continued success of the firm”, said Stephan Solomon, Chairman
The Marlborough Group has strengthened its international proposition with the launch of a new risk-graded range of UCITS funds of funds domiciled in Ireland.
The four funds – Marlborough Defensive, Marlborough Cautious, Marlborough Balanced and Marlborough Adventurous – have been launched in response to investor demand.
They will invest across a range of key asset classes, with underlying funds selected primarily from Marlborough’s award-winning UK-registered range. Maximum equity exposure will range from 20 per cent for Marlborough Cautious to 100 per cent for Marlborough Adventurous.
The portfolios will be managed by the Marlborough Investment Management team, who are based in
EFG International is enhancing its global offering for Independent Asset Managers by expanding its services to include a comprehensive multi-custody platform.
The new platform, which is being developed in partnership with AM-One AG, a subsidiary of Expersoft Systems AG, will be launched on 01 September 2019. With this step, EFG aims to further strengthen its global coverage of the Independent Asset Manager segment.
The comprehensive multi-custody platform will include functionalities ranging from client relationship management to portfolio management and reporting, as well as compliance and risk management. As part of this new offering, Independent Asset Managers will benefit from an
Alpha FMC (Alpha), a specialist in asset and wealth management consulting, has hired industry benchmarking expert Emma Haffenden as a Senior Manager to broaden the types of benchmarking that the firm currently undertakes.
Haffenden joins Alpha from Accenture where she was responsible for a number of strategic asset management benchmark programmes, following their acquisition of Investit in 2017.
Alpha already has an industry-leading benchmarking team which plays a central role in helping its clients understand their businesses and take actions to meet their strategic objectives. In her new role, Haffenden will widen this offering to enable Alpha to drive
Almost half (49 per cent of European buy-side Heads of Operations have made entry into new markets their top strategic priority for 2019, with a further 48 per cent fixed on facilitating asset inflows.
That’s according to the third annual 2019 European InvestOps Report: ‘Achieving Operational Agility and Outperformance’. Commissioned by SimCorp and independently conducted by WBR InvestOps.
Driving performance (47 per cent) was next on the agenda, outweighing priorities concerned with decreasing operating costs. The findings suggest a change of tack in the industry in the last 12 months, with a renewed focus on growth opportunities, as firms attempt
CryptoCompare, a provider of cryptocurrency data and indices, and Nasdaq, have formed a strategic partnership to launch a cryptocurrency pricing product, the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices.
The product will be made available on Quandl, a Nasdaq owned data platform and source of financial, economic and alternative datasets for institutional investors.
The new product will enable institutional investors to monitor the nascent digital asset class and assess investment opportunities using a trusted data source. The Nasdaq/CryptoCompare Aggregate Crypto Reference Prices will enhance institutional capabilities in the cryptocurrency markets across trading strategy, quantitative research, risk modelling, NAV calculations and back-testing. Based
Trium has appointed Jamie Murphy as Head of Risk at Trium Ireland as part of the firm’s initiative to create a Dublin-based Super ManCo.
Subject to regulatory approval, the Irish office will add to Trium’s distribution capabilities, create a platform for growth and safeguard clients, partners and investors against long-term political uncertainty.
Murphy joined the Irish office, led by Andrew Collins, in April to oversee risk and regulatory compliance, working closely with the wider team in London. He will also be the designated person for management functions under CBI UCITS and non-UCITS regulations.
Murphy joins from KB Associates, bringing more
GPP, a prime broking, investor services and wealth solutions firm, has appointed Margaret Ammon as a non-executive director.
Ammon, a highly experienced financial services professional, is currently Chief Risk Officer at M&G Investments. Over the past two decades she has held positions at Schroders, KPMG, Colonial First State Global Asset Management and Old Mutual Asset Managers.
Ammon’s appointment to the board follows a strengthening of GPP’s management team, with recent hires including Todd Johnson as COO, James Parker as Chief Risk Officer, Tiffany Roberts as Head of Compliance and Andrew Rae-Moore to the Prime Brokerage team. With the firm now
