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Artivest, an independent digital platform for alternative investing, has appointed James Hale as Head of Platform, a newly created position for the company.
In this cross-functional role, Hale (pictured) will work closely with clients, vendors, and internal teams to drive innovation and accelerate the adoption and growth of Artivest’s web-based platform.
“James has spent his career at the intersection of alternative investing and digital wealth management,” says James Waldinger, Founder and CEO of Artivest. “He brings fluency to addressing the pain points that have traditionally plagued wealth management firms and their advisors seeking to diversify client portfolios with alternative investments.
Itarle, a provider of high-performance best execution services to banks, is colocating within CME’s group data centre in Aurora, Illinois and hiring staff in New York.
The moves will complete its global data centre presence and, the company says, deliver sharper performance for its suite of algos, order routing and transaction cost analysis (TCA) solutions.
Itarle exclusively provides algos to banks and brokers and expanding its services addresses the growing demand from sell-side firms for more productive and compliant trade execution on behalf of their clients. In particular, the opening of a New York City office in Q2 2019 reflects
Liquidnet has continued the expansion of its artificial intelligence (AI) investment analytics platform with the acquisition of Prattle, a provider of automated investment research solutions for portfolio managers, research analysts, and other financial professionals.
Prattle has developed a proprietary Natural Language Processing (NLP) and Machine Learning (ML) system to produce analytics that measure sentiment and predict the market impact of publicly available content including central bank and corporate communications (such as company earnings calls and press releases). Asset managers can use these analytics to understand and anticipate relevant market movement, strengthen investment theses, and inform trading strategies.
The announcement follows
Mosaic Smart Data (Mosaic), a real-time capital markets data analytics company, has appointed Oxford University Professor of Mathematical Finance, Rama Cont, as Scientific Advisor.
Professor Cont’s role will be to help Mosaic Smart Data utilise the latest academic quantitative finance research in the development of its machine learning, artificial intelligence and data analytics capabilities. Professor Cont will work directly with Mosaic Smart Data’s data science team to make the latest in data science technology available to Mosaic’s customers, as well as guiding Mosaic’s R&D activities.
In addition, he will contribute to Mosaic’s quant talent recruitment and to developing links with the
A bad month for share prices made relatively little impact on investors in May, according to the latest Fund Flow Index (FFI) from global funds transaction network Calastone, but mainly because buyers have been on strike now for months.
Calastone says that having shunned equity funds for six months in a row, investors showed that they still preferred to sit on the sidelines as share prices fell, just as they had during the market rebound earlier in 2019. The FFI: Equity registered 50.5 in May, staying very close to the neutral 50 mark where it has been since December. In
iM Global Partner, an investment and development platform focused on acquiring strategic investments in best-in-class traditional and alternative investment firms in the US, Europe and Asia, has appointed Bo Huang as Head of Research.
Huang is joining the investment team led by Jean Maunoury, Deputy CEO and CIO of iM Global Partner.
Beside identifying potential partners and conducting due diligences on them as the other team members do, Huang will focus on the effective implementation of iM Global Partner’s research process. She is also supporting iM Global Partner’s sales teams in promoting the Partner’s strategies.
Bo Huang, CFA,
BNF Capital, SteelEye, Talan, Lyxor Asset Management, Kreston Reeves, Sandler Capital, Hentu, GlobeTax, Wavestone, Margo Group, and Equita have all been confirmed as sponsors of the 2nd annual Rocktoberfest-London which is due to take place on 19 June to raise funds for UK and US charity A Leg To Stand On (ALTSO).
Members of the hedge fund and private equity communities will come together for a night of live rock & roll entertainment, to support ALTSO’s mission of providing free prosthetic limbs, mobility aids, and wheelchairs to children in the developing world.
Since its foundation in 2002, ALTSO has helped to treat over 18,000 children with
Apex Group, a global financial services provider, has appointed Andrew Macklin as General Counsel and member of its Executive Committee.
Apex has expanded exponentially over the past eighteen months diversifying its product set following a number of bolt-on acquisitions around the world. The appointment of Andrew supports the strategy to broaden Apex’s capabilities beyond asset management services, into the institutional provider space.
Most recently Head of Legal at Monzo Bank, Andrew has strong experience advising high growth companies. Prior to moving in-house, Andrew held senior roles at top-tier international law firms Latham & Watkins and White & Case and
The size of the unlisted closed ended fund (CEF market) has grown steadily since 2014, ending 2018 at nearly USD53 billion in assets under management, according to a new report by UMB Fund services and FUSE Research Network (FUSE).
The third edition of the annual report, which covers both interval and tender offer funds, reveals that the former, in terms of number and assets continue to outpace the latter. Since 2014, interval funds have grown at an annual rate of 42.9 per cent to end 2018 with USD27.2 billion in assets. During the same period, tender-offer funds dropped to USD25.6
The European Fund and Asset Management Association’s (EFAMA) Quarterly Statistical Release for the first quarter of 2019 reports a strong increase in net assets of UCITS and AIFs, driven by the rebound of financial markets.
Net assets of UCITS increased by 7.8 per cent to EUR10,004 billion, while net assets of AIFs increased by 6.4 per cent to EUR6,247 billion.
The release also reports a sharp increase in the demand for bond funds in response to a move towards more dovish monetary policy in Europe and the United States.
Net sales of UCITS and AIF bond funds sales turned positive
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