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Liquidnet, a global institutional investment network, has launched its EU operations in Dublin, with Liquidnet EU Limited (located in Dublin’s International Financial Services Centre), now authorised by the Central Bank of Ireland as a MiFID II investment firm and MTF operator.
This new entity acts as an agency broker, ensuring Liquidnet continues to provide services to its Member community based in the European Economic Area (EEA).
Liquidnet began preparations to open an EEA-based presence in early 2017, following the UK invocation of Article 50 to leave the EU. As a result, and following an extensive evaluation and assessment of alternative
The results of Linedata’s ninth Global Asset Management Survey reveal a desire among asset managers to capitalise on quick wins from data analytics and digitialisation to protect investment and operational performance against the potential for further market dislocation.
After the implementation of MiFID II and GDPR, asset managers were looking forward to a period of relative calm where they could focus on longer-term innovation projects, including digital transformation technologies. Concerns of a continued market downturn are now forcing them to change direction and firms are reacting to the potential for more disruption. This survey underscores how navigating this paradigm is
Cappitech, a provider of regulatory reporting and intelligence solutions for the financial services industry, has launched RTS 28 Market Intelligence, a product that allows financial institutions to use regulatory compliance data to their own advantage.
The electronic surveillance and analytics tool assesses firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average.
Ronen Kertis (pictured), CEO and Founder of Cappitech, says: “We are pleased to launch RTS 28 Market Intelligence in direct response to our customers’ concerns they were seeing little value from their regulatory reporting efforts. The new product will enable financial
Simon Lewis OBE, Chief Executive of Financial Markets in Europe (AFME) is stepping down from his role when his current contract expires at the end of October.
Lewis was the founding CEO of AFME when he joined in 2010. Since then AFME has more than doubled in size with over 80 people now based in London, Brussels and Frankfurt. Simon has led a team that has developed the Association into a powerful voice for banks operating in Europe’s wholesale financial markets and ensured that AFME plays a pivotal role as a bridge between its members and policy makers in the
BlueBay has chosen Alpima to help its sales, product and multi-asset teams to intelligently visualise fund data and product characteristics across its full fixed income suite.
Offered as a white-label version of its cloud-based platform, ALPIMA has worked closely with BlueBay to customise it to its exact requirements.
Luc Leclercq, BlueBay’s COO, says: “We are pleased to engage with ALPIMA, whose modular and adaptive platform offers the speed, flexibility and robustness we need to serve our clients in the digital age.”
Ilan Heimann, ALPIMA’s Head of Sales and Partnerships, says: “We are thrilled to be working with BlueBay,
LRI Group (LRI) and Augeo Capital Management (Augeo), subsidiaries of Apex Group (Apex), are combining their respective businesses under one single brand, LRI Group.
This integration will see Augeo, formerly Warburg Invest Luxembourg (Warburg Invest), change its name to LRI Capital Management as part of a strategic move by Apex to unite the two management companies (ManCos) under one common brand.
The move to join these two market leading Luxembourg-based investment services companies signifies the start of a second phase in the strategic acquisition by Apex. Consolidating the Augeo and LRI business under one single brand demonstrates the Group’s
AQR Capital Management (AQR) has established an office in Frankfurt, Germany.
“We are excited to open our Frankfurt office and broaden our footprint in Europe,” says David G Kabiller, Co-Founder and Head of Business Development at AQR. “We believe that a local presence will allow us to better serve our existing German clients and deliver our diverse platform of quantitative strategies to investors.”
AQR’s expansion into Germany is supported by a dedicated local team led by Axel Weiss, PhD, Managing Director and Head of Germany and Austria Business Development. AQR’s German team will collaborate closely with its London office
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2019 measured 0.60 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.80 per cent in April.
“SS&C GlobeOp’s Capital Movement Index of -0.80 per cent for April 2019 reflects net outflows, as expected based on normal seasonal patterns,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies.
“These net outflows were the lowest of any month of April since 2014. Moreover, on a year-over-year basis, the -0.80% reported for April 2019 compares favourably to the -1.62per cent reported for the same period
Hedge funds gained an average of +0.87 per cent in March, the third consecutive month of positive returns, following a five-month string of aggregate declines, according to the March eVestment hedge fund performance data.
The Q1 2019 year to date (YTD) average gains of +5.40 per cent is the industry’s best aggregate returns since the start of 2012.
Highlighting the volatility frequently associated with emerging markets, India-focused hedge funds were the big winners in March, returning +10.35 per cent, bringing YTD returns into the positive at +5.08 per cent. This is a stark contrast to the -16.23 per cent
Melanion Capital, Paris, is inviting early-stage hedge fund managers to apply for seed capital and to work in partnership with the Melanion Group.
Successful applicants will be hired by the Group and get a seeding ticket of up to USD10 million in a dedicated fund or managed account for two years and then, with a proper track record, be opened to investment from Melanion’s range of clients.
Melanion’s seeding program derives from its own experience. The firm was the first alternative manager to specialise in investment in dividend futures, but from the outset Melanion was faced with, institutional investors with
