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The London Metal Exchange (LME) has appointed Gay Huey Evans OBE as Chairman of its Board of Directors. Huey Evans will replace Sir Brian Bender when he retires from the Board in early December 2019, as previously announced.
Huey Evan’s international experience within the financial services industry includes significant commercial, risk, governance and regulatory knowledge and expertise.
LME Chief Executive Matthew Chamberlain says: “I am delighted to welcome Gay to the LME and look forward to working closely with her. Her global experience in developing policy and growing markets, combined with her deep understanding of risk, governance and regulation, will
PanXchange, an OTC physical commodity exchange and price discovery platform for products including industrial hemp and frac sand, has added senior industry executive Andy Bose to its board of advisers.
Bose will play a key role in driving important new strategic initiatives as the firm continues its rapid growth.
Bose brings extensive experience using technology innovation to develop market transparency. Most recently, he was a senior leader at S&P Global Platts, with executive responsibilities for P&L, innovation and new products serving physical commodity price markets. Bose previously held product innovation and operations roles at S&P Global’s Ratings and Market
Accelerate Financial Technologies has launched three zero management fee, performance fee only alternative exchange traded funds (Accelerate Alt ETFs).
Each Accelerate Alt ETF has closed the initial offering of units, and is now trading on the Toronto Stock Exchange (TSX).
“Accelerate was founded with the mission to democratise alternative investments by offering hedge fund and private equity-like strategies in low-cost ETFs accessible by any investor,” says Julian Klymochko, CEO at Accelerate.
The Accelerate Private Equity Alpha Fund (ALFA) seeks to achieve long-term capital appreciation and to replicate the returns of private equity funds over the long term by investing
iM Global Partner and Polen Capital are now offering Polen Capital’s Global Growth strategy to investors in a UCITS fund hosted by Amundi. The fund seeks to outperform – after applicable fees – the MSCI All Country World Index (ACWI) over any given five-year period.
The fund is managed by US-based Polen Capital, an independently-owned global growth equity investment firm that provides high value-added, quality growth investment strategies to clients worldwide. Polen Capital assets were over USD25 billion as of 31 March, 2019 and the firm has a 30-year track record of strong performance. Polen Capital was also recognised as one
Scout Investments, an investment management firm and affiliate of Carillon Tower Advisers, has appointed Timothy Burger, CFA, as a senior analyst on the firm’s Small Cap team.
Based in Scout’s Kansas City headquarters, Burger joins the team led by James McBride, lead portfolio manager of the Scout Small Cap Equity Strategy, and will work with the team to conduct bottom-up fundamental analysis and valuation modelling to identify opportunities within the small-cap market.
“Tim is an important addition to the Small Cap team and brings almost two decades of investment analysis experience across a spectrum of sectors and asset classes,”
Xena Exchange has launched the Xena Market Barometer, a 360-degree analytics tool that aggregates data from the biggest digital-asset exchanges and represents it in unique graphs assembled in one place.
The first eight indicators are already live and are free to use. The Xena Market Barometer combines numerous data sources and uses complicated processing algorithms to display information in an easy-to-understand format. All data sources can be divided into three categories: live trades and order books from major cryptocurrency exchanges, blockchains, and media.
The first version collects live data from Huobi, Coinbase Pro, Bitstamp, Bitfinex and can be used by
BlackRock has completed the acquisition of eFront, an end-to-end alternative investment management software and solutions provider.
BlackRock says the combination of eFront with Aladdin will set a new standard in investment and risk management technology, vastly expanding Aladdin’s alternatives capabilities and providing a whole-portfolio technology solution to clients.
“As more investors incorporate alternatives into their portfolios, the ability to seamlessly manage portfolios across public and private asset classes on a single platform is critical,” says Rob Goldstein, Chief Operating Officer of BlackRock. “eFront will extend Aladdin’s end-to-end processing capabilities in alternative asset classes, enabling clients to get an enterprise view
Invesco, an asset manager with over 30 years of expertise in factor investing, has released the findings from a new study “Active bond returns – powered by factors,” the first in a series of papers designed to help investors better understand the implications of factor investing in fixed income.
The study, which applies factor strategies to numerous fixed income vehicles, found that, even when a bond strategy is not explicitly labelled a factor strategy, its factor exposures are key drivers of active performance.
“We found that factors may be responsible for many active fixed income managers’ performance over the
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a three-year contract, including a significant uplift in annual value with an EU investment manager for Revolution Delta, with a minimum contract value of EUR1.2 million.
The investment manager currently uses Revolution Delta for a variety of purposes but has now added a new module to cover the new EU Money Market Regulations in order to provide risk reporting to the regulator.
As regulations evolve, so StatPro is providing its clients with extended services to mitigate their cost
Sterling Trading Tech (STT), a specialist in trading technology solutions, and Voyager Digital (Voyager), a licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto-assets, have formed a strategic partnership to offer digital asset trading capabilities to institutional and retail traders through the STT platforms.
Sterling will offer clients the ability to trade a full array of crypto currencies using its end-to-end platforms with access to Voyager’s best-in-class crypto execution services and the aggregation of all crypto exchange data feeds. Sterling and Voyager are actively integrating the systems with a target launch planned for Q3 2019.
Andrew Actman, Director
