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Catena Technologies has completed early testing of its trade reporting platform with trade repository REGIS-TR for Securities Financing Transaction Regulation (SFTR) reporting.
The partnership between Catena and REGIS-TR will enable financial institutions to use these platforms together to automate SFTR reporting to regulators in the required ISO 20022 format. Customers will also be able to report OTC derivative transactions to EMIR using this combined technology solution.
Catena’s TRACE Reporting is a software-as-a-service (SaaS) platform that manages a wide range of functional requirements for trade reporting, including cross-asset multi-jurisdiction determination, valuation and collateral reporting, pre-submission validation and reconciliation. It works together
Tourmaline Partners, an outsourced trading solutions firm, has made two senior hires in Australia, with Matt McShane joining as Director of Operations for Asia, and Simon Twiss as Director of Pan-Asia Trading.
Since opening its Asia-Pacific office in Sydney in January 2018, Tourmaline has seen increasing demand for its services. This growth has been driven in part by the global shift toward unbundling of trading commissions from research, and locally by the Hayne Royal Commission, which has created opportunity for firms that provide un-conflicted, unbiased, highly transparent professional services to the superannuation and investment industries.
McShane and Twiss bring skill
Systematic global macro strategies have become a more popular feature in recent years as quant managers leverage improved technology and modelling tools to generate uncorrelated returns. Anoosh Lachin and Asif Noor, co-portfolio managers of Aspect Capital’s Systematic Global Macro programme talk to Hedgeweek about the current market environment and why 2018 proved to be a smash to the boundaries for the programme.
A recent study by Barclays Capital found that systematic macro strategies attracted USD19 billion of net inflows between 2016 and 2018, while in comparison, discretionary macro strategies registered net outflows of USD30 billion. The findings are just one
An overwhelming majority (91 per cent) of investors in alternatives believe that the UN Sustainable Development Goals (SDGs) will help the financial industry address pressing environmental and social issues.
A quarter of them already integrate the SDGs into their investment activities in some way, while another 40 per cent plan to do so within the next two years.
In a new study, LGT Capital Partners surveyed over 200 investors in alternatives (including pension funds, endowments and insurers from 28 countries). The survey assesses how investors integrate ESG into their investment activities, their views on the SDGs, and their requirements
Hazeltree, a provider of integrated buy-side treasury management solutions, has release of Hazeltree Securities Finance Version 7, a comprehensive portfolio finance solution integrated with new market coloru, benchmark and intra-day rates, and utilisation trends.
Hazeltree Securities Finance Version 7 enables hedge funds, asset managers and beneficial owners to identify and monitor treasury market inefficiencies and opportunities, obtain demonstrable best-execution financing rates, attribute and record financing accruals on a portfolio or strategy basis, and efficiently transfer securities with OneClick between prime brokers, custodians and banks.
Using Hazeltree Securities Finance Version 7, industry participants benefit from insight offered by Hazeltree’s leading market
Five new liquid alternative funds were launched in Q1 2019, including three equity hedge funds, one multi-strategy fund and one relative value fund, according to Wilshire Funds Management’s Q1 2019 Liquid Alternatives Industry Monitor.
Additionally, there were 12 fund liquidations.
The monitor also reveals that there was a USD2.0 billion increase in the AUM of the Liquid Alternatives Universe during Q1 2019, while all but one sub-strategy saw net outflows during Q1 2019. Relative Value saw net outflows of USD1.9 billion; Global Macro saw net outflows of USD2.6 billion; Equity Hedge saw net outflows of USD2.1 billion; and Multi-Strategy saw
Switzerland-based data giant SIX and Eagle Investment Systems, a BNY Mellon company, have expanded their existing alliance to help Eagle clients source global sanctions data. SIX and Eagle have had a relationship since 2011.
Eagle clients can now source sanctions data directly from SIX for use within Eagle solutions. The alliance will help to streamline efforts by clients to source, validate, and align sanctions data with existing portfolio data, helping firms minimise the risk of reputational damage and fines that can result from dealing with sanctioned entities.
“Alliances, such as SIX, are critical to our mission of bringing services and
Fairtree Asset Management (Pty) Ltd, a multi-strategy alternative and long only investment manager established in 2003, has selected Prescient Fund Services Ireland as the UCITS Management Company and Fund Administrator for its first Irish UCITS fund.
The Fairtree Global Flexible Income Plus Fund, launched in January 2019, is a sub-fund on the Prescient Global Funds platform.
The fund’s primary objective is the generation of a high level of current income primarily through investment in debt and debt-related securities.
Fund manager, Paul Crawford, who heads up his fixed income investment team from London, says: “Investment markets are not always efficient and
How much institutional investors pay in asset management fees continues to be a hot topic, but hard data about the difference between what asset managers say they charge and actual fees charged has been hard to come by.
A new report form eVestment provides a comprehensive overview of fee structures across the traditional strategy landscape globally and compares stated fees from thousands of asset managers reporting to eVestment covering more than 8,000 separate accounts with actual negotiated fees charged on mandates awarded sourced from eVestment Market Lens.
As expected, quoted fees went down as the size of the mandate
MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, has appointed Michael Baker as Chief Technology Officer (CTO), effective immediately.
In his role, Baker will have global responsibility for all software development, which will include strategy, architecture, development and deployment of our trading system, with a particular focus on MarketAxess’ next generation technology solutions. This includes continuing to build innovative trading solutions, as well as supporting the firm’s internal architecture. Baker will report to Nick Themelis, Chief Information Officer.
“Mike’s experience at
