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The latest report on the corporate services industry conducted by global trust, fund administration and corporate services provider Vistra, reveals that the trend towards onshore and mid-shore jurisdiction for doing business is continuing with Hong Kong the number one choice.
The British Virgin Islands (BVI) and the UK are the joint next most popular jurisdictions followed by the US and Singapore.
Globally there has been an increase in demand for transparency due to the negative publicity towards offshore centres; evidenced by the changing regulatory landscape to meet these demands. As such, it is timely to review whether offshore jurisdictions
A new State of Our Union 2019 research report by Jefferies Prime Services has found that next generation research and development processes are flourishing, as managers revisit their approach to research in order to stay current on emerging themes and tools to improve the investment process.
Beyond the motivation to remain ahead in the age of data and technology disruption, Jefferies has also found that allocators are more frequently inquiring about manager research processes to ensure that their capital is maintaining an edge.
“We produce the State of Our Union report every year (the first was published in February 2018)
Fintech platform iCapital Network is to become exclusive feeder fund service provider for Morgan Stanley’s Wealth Management Alternative Investments Group, with responsibility for the oversight functions of the group’s alternative investment feeder fund assets.
The transaction was completed on 14 March 2019. The alternative investments feeder fund business transferring to iCapital is comprised of approximately 115 investment vehicles across a range of investment strategies. iCapitals proprietary end-to-end technology solution will be leveraged to streamline ongoing operations and administration services for the funds and provide support to advisors and their high-net-worth client base. Following this transaction, iCapital will service approximately USD40 billion
Philip Niemeyer has been appointed as Head of Markets of Bedford Row Capital and will also be the general manager of the firm’s Amsterdam office.
Until last month Niemeyer (pictured), who has longstanding experience in connecting institutional capital with the real economy credit demand in various European countries, was VP Business Development at CrossLend.
With offices in London, Amsterdam and Tallinn, Bedford Row Capital is a fixed-income boutique with a global service offering. Bedford Row Capital offers banks and insurance companies access to conventional debt, commercial paper and sharia-compliant sukuk through the debt capital markets. This gives institutional investors
After a slightly more muted response from investors in Q4 2018, investor appetite for holdings of UK assets has polarised during Q1 2019, with an increase in both the number of those looking to increase and decrease their exposure.
That’s according to the findings of the latest State Street Brexometer Index which finds that investors planning to increase their exposure in the next six months increased to 19 per cent – the second highest figure since Q3 2018 at 21 per cent. The proportion of investors looking to decrease their holdings of UK assets meanwhile, rose for the third consecutive
Charles River Development and Axioma have formed a strategic partnership which will see Axioma’s risk and portfolio analytics integrated into the Charles River Investment Management Solution (Charles River IMS), a front and middle office platform used by more than 300 investment managers, asset owners and hedge funds globally.
As a result, Charles River clients will benefit from access to Axioma’s full suite of factor models and portfolio optimisation capabilities directly within the Charles River IMS.
In combination with Charles River’s portfolio management, risk and attribution capabilities, Axioma’s factor models for equity, multi-asset and fixed income portfolios will enable firms
One of the latest managers to be granted an ADGM license, AD Global Investors (ADGI), has selected Apex Group Ltd (Apex) as its middle-office provider.
The specialist active fixed income manager ADGI moves towards an outsource model for enhanced oversight and access to market-leading technologies as it selects Apex for its ability to deliver local service complemented by global capabilities. ADGI was the first ADGM licensed manager to be authorised by the Central Bank of Ireland to manage Irish UCITS funds, and has selected a cross-jurisdictional provider in Apex for its middle office requirements for a scalable service.
ADGI
Osmosis Investment Management, a USD1.5 billion AUM asset manager, has appointed Northern Trust (Nasdaq: NTRS) to support its MoRE World Sustainable Market Neutral Fund – a sustainable investment fund taking long positions in resource-efficient companies, and short positions in inefficient companies across developed markets.
Services provided by Northern Trust include fund administration, foreign exchange algorithmic trading and liquidity management solutions.
The fund is supported by Prescient Fund Services (Ireland) Limited on the Prescient ICAV platform, which launched in 2017 and is geared towards supporting growing boutique to mid-sized asset managers – allowing them to distribute to investors cost-effectively and
Align, a provider of technology infrastructure solutions and managed IT services, has been named Best Global Cyber-Security Services Provider for hedge funds in the 2019 Hedgeweek Global Awards.
The accolade is based on an online peer review system in which prime brokers, institutional and high net worth investors, managers, fund administrators, custodians and advisers are invited to elect a “best in class” in a variety of categories.
Hedgeweek Global Awards 2019
Align – Best Global Cyber-Security Services Provider
“The investment industry is undergoing a radical shift where hedge funds of all sizes are now shedding the false sense of security
Manuel Baptista has joined Broadridge Financial Solutions as Managing Director, Head of Investor Communication Solutions International (ICSI) Sales.
Baptista (pictured), will lead the sales team and support the expansion of Broadridge’s ICSI suite of services. He will work closely with issuers, custodians and intermediaries, and institutional investors to navigate regulatory and market change such as the amended EU Shareholder Rights Directive.
Prior to joining Broadridge, Baptista was head of ISS’s Global Proxy Distribution where he lead overall strategy. Baptista brings with him over 20 years’ experience, having held positions in Operations, Communications, and Sub-custodian Network Management at Euroclear and
