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Neuberger Berman, a private, independent, employee-owned investment manager, has hired Joe McDonnell as head of portfolio solutions (EMEA).
McDonnell will be part of the quantitative and multi-asset class investments team at Neuberger Berman, reporting to co-heads Erik Knutzen and Doug Kramer.
In this newly-created role, McDonnell will be responsible for designing and overseeing multi-asset mandates and engaging with strategic partners. He will leverage the broader Neuberger Berman platform to identify customised quantitative solutions and to help construct, oversee and implement portfolios to meet specific client objectives.
McDonnell joins from Morgan Stanley Investment Management, where he spent ten years
On Thursday 29 November 2018, Global Fund Media hosted an exclusive event in conjunction with the Bahamas Financial Services Board (BFSB), to showcase how the jurisdiction is updating its regulatory regime, not only to bring it into closer alignment with global best practices, but also to open itself up to more institutional fund interest.
The event started with a brief introduction by Tanya McCartney, CEO and Executive Director of the BFSB, who acknowledged that this was a time of great change, not least in the UK as the country assesses the “impact as well as the opportunities of Brexit”. “We
The MJ Hudson Allenbridge Alternative Risk Premia Fund Review 2019 estimates that there are now from USD150 billion to USD200 billion of assets in global alternative risk premia funds following a long/short, multi-strategy approach. This estimate excludes strategy offerings by investment banks.
The 2019 survey was conducted using an online questionnaire of 25 asset managers representing the majority of the assets (USD120 billion) managed in this market.
Despite the challenges with performance, 46 per cent of our survey respondents reported AUM growth in excess of 20 per cent in 2018. Larger managers experienced faster growth than smaller managers.
The average
Koine, an institutional custodian for the digital economy, has appointed Hugh Hughes as Chairman and CEO.
Hughes is a highly experienced figure in European technology and financial markets. He was CEO of Societe Generale Securities in London for 10 years. Previously, he built stockbroking businesses in London, selling and merging them into major European financial institutions.
In 2005, Hugh co-founded Fixnetix, a financial technology company. Fixnetix built a secure, low-latency network connected globally to trading venues that, in turn, provided fastest-in-class price discovery, trade execution and trade confirmation for the algorithmic trading desks of investment banks, hedge funds and
FIX Trading Community, a non-profit, industry-driven standards body for global financial trading, has announced Verena Ross, Executive Director of the European Securities and Markets Authority (ESMA) as the Keynote Speaker for the EMEA Trading Conference on 14 March 2019.
Ross is known for her proven track record in helping shape regulatory policy in the European financial markets.
Regarded as the biggest one-day trading event in the region, with over a thousand delegates attending, the EMEA Trading Conference brings together key personnel in the industry, like Ross, to discuss important issues that are impacting market participants. This year’s conference, for
Hedge fund redemptions reached USD42.3 billion in December, according to the Barclay Fund Flow Indicator, published by BarclayHedge, the largest monthly outflow in at least five years.
Data from the nearly 6,000 funds included in the BarclayHedge database showed the December activity of hedge fund investors worldwide (excluding CTAs) producing a fourth straight month of net redemptions, exceeding September’s USD39.1 billion, at the time a five-year high.
“December redemptions were driven by both global and regional factors,” says Sol Waksman, president of BarclayHedge. “Globally investors worried about volatile equity markets, the threat of a worldwide economic downturn, drops in
One year on from the launch of its blockchain/cryptocurrency fund of funds, Luxembourg-domiciled and CSSF registered AIFM Block Asset Management has created the Blockchain Multi-strategy Certificate.
The open-ended tracker certificate is listed on the Vienna Stock Exchange (Wiener Borse) and will track the performance of their Blockchain & Crypto Fund. The underlying Fund invests in a carefully selected portfolio of blockchain/cryptocurrency investment funds using a unique five-prong investment approach: exposure to tracking/index, trading, mining, lending and ICO/STO funds. This diverse selection of managers has a combined AUM of over USD1 billion.
Block Asset Management’s founders and directors, Manuel E De
BitSpread, a blockchain asset research and advisory firm, has launched a new range of capital protected crypto investment strategies.
It is believed to be the first time that capital protected investment strategies using sophisticated derivatives have been utilised in the crypto space.
The strategies, which have been produced by experts in financial engineering, offer investors the opportunities to participate in the upside of Bitcoin while having a significant proportion of the capital protected on the downside.
Cedric Jeanson, founder and CEO of BitSpread, says; “BitSpread is the first firm in the space to provide institutional quality capital protected
Alternative investments firm SkyBridge Capital (SkyBridge) has appointed Joseph J Grano, Jr as a senior adviser to the firm.
As senior adviser, Grano will provide counsel on the strategic direction of the firm with an emphasis on new product development and initiatives to better serve the firm’s investors.
“We are pleased to welcome Joe to the team,” says Anthony Scaramucci, founder and managing partner at SkyBridge. “Drawing on his deep industry experience as former chairman and CEO of Centurion Holdings and UBS Financial Services, Joe will work with our management team to advise on the firm’s positioning, including the
Bramshill Investments has appointed Ara Balabanian as a Managing Director and Portfolio Manager specialising in Structured Products in the firm’s investment team.
Balabanian (pictured), will join Senior Portfolio Manager, Paul van Lingen, in the firm’s Newport Beach Office to assist in the management of the Bramshill Structured Products Fund that was formally launched in the fall of 2018 as well as supporting the current Structured Products assets under management.
“We are very excited to have Ara join the Bramshill team. His more than 18 years of experience in Structured Products of all types will help us continue to expand our
