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Financial advisors and investors are set to benefit from new Category Definitions for Alternative Funds implemented by the Canadian Investment Funds Standards Committee (CIFSC).
They replace the single blanket ‘Alternative Strategies’ category, which applied to all alternative funds irrespective of investment mandate or strategy.
The Alternative Investment Management Association in Canada (AIMA Canada) worked with the CIFSC to develop categories that recognise the diversity of alternative investment products in the market and allow meaningful comparison of performance between investment fund strategies. AIMA Canada was made a non-voting member of CIFSC in 2018.
The categories, which reflect the alternative investment strategies
Affiliated Managers Group (AMG) is to acquire an equity interest in Garda Capital Partners. After the closing of the transaction, the senior partners of Garda will continue to hold a majority of the equity of the business and direct the firm’s day-to-day operations.
With approximately USD4 billion in assets under management as of 30 April, 2019, Garda is an alternative investment manager specialising in fixed income relative value strategies and is headquartered in Minneapolis. Garda serves a diversified set of sophisticated institutional clients around the world, and throughout the firm’s 15-year history of continuous senior leadership, its flagship investment strategy
Mitrade Global, a Melbourne-based online CFD trading broker, has launched a proprietary trading platform for global investors, both seasoned and amateur, to trade nearly 100 different markets of contract-for-difference (CFD) products – including forex, indices, commodities and the trending cryptocurrencies.
“Mitrade is engineered to simplify trading,” says Laura Lin, the Chief Executive Officer at Mitrade Global, “We understand traders’ need for a clear and easy-to-operate trading platform instead of boasting powerful functions but having an ambiguous interface. This is especially true when it comes to CFD trading.”
Developed by a team of finance and technology experts, the platform contains all
CFA UK has released the results of its latest quarterly Valuations Index, measuring investors’ perceptions of the value of equities, bonds and gold in Q1 2019.
The index reveals multiple changes in investors’ views of core asset classes since the previous quarter, with less buying appeal seen in emerging market equities and bonds.
After a period of underperformance of emerging market equities last year, the latest results reflect a perceived value correction of the asset class and overall sentiment shifting in favour of seeing fair value. Approximately one third of investors polled (33 per cent) now consider emerging market
Pico, an infrastructure, connectivity, data and cloud technology provider to the global financial services community, has launched a new colocation facility and direct connectivity to the Hosting Services Data Centre of Hong Kong Exchanges and Clearing Limited (HKEX).
HKEX is one of the world’s major exchange groups, and operates a range of equities, commodities, fixed income and currency markets. HKEX is the world’s leading IPO market and, as Hong Kong’s only securities and derivatives exchange, is uniquely positioned to offer regional and international investors access to Asia’s most vibrant markets.
HKEX is also the global leader in metals trading through
The number of buy-side firms participating in Investor Access has more than doubled over the last year to 320 institutions and now includes seven of the top 10 global fixed income investors by AUM, according to IHS Markit.
Investor Access connects investors and banks on a global independent electronic platform for new issuance in capital markets, covering distribution of deal terms and communication of orders and allocations.
Investor Access was used in 93 per cent of euro, sterling and Nordic currency Investment Grade new issues globally and 63 per cent of all US Dollar deals in Asia during 2019 to
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action (Complaint) against the principals of Berkley Capital Management, a binary options trading firm with offices in the US and the Netherlands and two pools that operated as Delaware limited partnerships – BBOT 1 and Berkley II.
The Complaint charges that the defendants – William Thomas Caniff of Steubenville, Ohio and Arie Bos, of Rotterdam – fraudulently solicited more than USD4.8 million from 62 pool participants to trade binary options at the North American Derivatives Exchange (NADEX), a designated contract market located in Chicago, Illinois. As alleged, a mere fraction
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 207.1 TWh in April 2019 (April 2018: 146.4 TWh).
The spot segment reported a total volume of 125.5 TWh which represented a 60 per cent increase over the previous year (April 2018: 77.7 TWh) due to the good performance on most PEGAS spot market areas and a new record on CZ VTP which registered 787 GWh (previous record in March 2018: 582 GWh). In addition, 22.3 GWh were traded on PEGAS’ options segment.
In April, the spot segment amounted to 125.5 TWh. Dutch TTF market
Align, a provider of technology infrastructure solutions and managed IT services, is sponsoring this year’s SALT Conference in partnership with eSentire, a specialist in managed detection and response (MDR). The forum will take place at the Bellagio in Las Vegas, 7-10 May, 2019.
Since its inception in 2009, SALT has convened the global investment community, preeminent business executives and public policy officials to network, engage in fireside chats and debate emerging market developments, trends, technological innovation, cybersecurity and philanthropy. On Wednesday, 8 May, from 4:40 pm – 5:15 pm, Vinod Paul (pictured), Chief Operating Officer of Align, will deliver actionable insights and remarks
RCM-X, the trading technology subsidiary of RCM Alternatives, is to incorporate and Social Market Analytics’ (SMA) Cryptocurrency Data Feed into the logic of its advanced order types and technologies.
The SMA Cryptocurrency Sentiment Feed will offer traders a first-of-its-kind tool for including social media sentiment data in their trading strategies and logic, allowing RCM-X advanced automated execution algorithms to anticipate potential market impacts driven by public media platforms.
Back in 2011, the RCM-X team was one of the first groups to write an adaptor to take SMA’s sentiment data into Strategy Studio for US Equities, and the extension into crypto
