Latest News
Coho Partners has appointed Ward Kruse, CFA, as portfolio manager/investment analyst in its Investment Team.
“Ward is an accomplished portfolio manager and analyst. He brings to Coho a wealth of experience and a great reputation,” says Coho Chief Investment Officer, Peter Thompson, to whom Mr Kruse will report. “Investing in talent is one of the ways we strengthen our business and we are delighted to welcome him to our team.”
As the newest member of Coho’s Investment Team, Kruse is focussed on investment research and portfolio management.
Prior to joining Coho, Kruse spent 20 years working on the
Dash Financial Technologies has added a new suite of real-time analytics, visualisation and reporting tools aimed at portfolio traders.
The new tools are available natively in Dash360, the firm’s web-based platform that provides order-to-execution level transparency, detailing and visualising exchange fees, and providing venue controls, routing analysis and performance reporting.
In September, Dash launched an advanced new portfolio trading algorithm that is, unlike most legacy PT solutions, available on a front-end agnostic basis. For users of the PT algo, the new Dash360 tools provide a cockpit of real-time portfolio-level analytics.
Jennifer Hubbs, Co-Head of Dash’s Portfolio Trading Solutions
Abacus Group, a provider of IT services for alternative investment firms, has completed the acquisition of competitor Proactive Technologies. The two companies will merge under the Abacus Group umbrella.
Since its founding in 2007, Proactive has grown to service over 120 alternative investment clients, mostly in the New York City area. As a result of the acquisition, Abacus Group, which as of year-end 2018 services over 400 clients across the US and the UK, will now be the largest IT managed service provider specialised in alternative investment firms in the New York metropolitan region, based on client count. For year-end
RWC Partners, a privately owned asset management company headquartered in London, has selected the Charles River Investment Management Solution (Charles River IMS) to streamline its front to middle office investment processes.
Portfolio managers, traders, compliance, and operational teams will use the centralised platform to manage their institutional portfolios, with data provided by Charles River’s Investment Book of Record (IBOR) and Enterprise Data Management (EDM) capabilities.
“Consolidating nine portfolio management desks onto a single investment management platform was the priority, and Charles River IMS gives us the flexibility to do this,” says Nigel Hill, Head of IT and Operations,
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2019 measured 3.59 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.11 per cent in February.
“SS&C GlobeOp’s Capital Movement Index for February 2019 of 1.11 per cent shows increased net flows compared to the 0.96 per cent reported for the same period a year ago for February 2018,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, the 1.11 per cent reported for February 2019 represents the largest net inflows for any February since 2013. This
Prestige Funds, a specialist in the management and distribution of direct lending funds, has launched a new multi-manager investment fund that will specialise in allocating to both UK and international private debt and high yield credit managers.
‘Multi Finance Opportunities Fund’ was recently launched and is managed by Prestige Capital Management, a Malta based MFSA-regulated Alternative Investment Fund Manager (AIFM). Prestige has over 10 years operating experience in Fund-based direct lending and fund of fund investing. Multi Finance Opportunities will target returns of 5 per cent – 7 per cent pa and will provide investors with access to absolute returns
By 2021, almost half (49 per cent) of institutional investors expect to increase their exposure to assets supporting and participating in the energy transition, according a new study by Aquila Capital.
This transition involves the progressive replacement of fossil fuels by renewable sources of energy production.
The new research reveals the fast-growing popularity of the energy transition among institutional investors and the most attractive opportunities it currently presents. Nearly two-thirds (63 per cent) cited energy storage (eg batteries) as offering the greatest investment potential. This was followed by electricity transmission (45 per cent), which involves building and operating the links
The Maples Group has appointed Hugo Lodge as a partner in its Regulatory & Compliance legal practice.
Lodge joins the Group’s Cayman Islands office from the UK Financial Conduct Authority, where he led the new team responsible for the oversight of AML supervision in the UK legal sector, prior to which he worked in the Retail Banking, Enforcement and Market Oversight division. Lodge was called to the Bar in England and Wales in 1998 and practised as a barrister at 7BR in London where he specialised in financial crime and regulation.
Global Managing Partner, Alasdair Robertson, says: “We
Liquidnet, a global institutional investment network, has appointed Brian Conroy as President, effective immediately. Conroy will work in partnership with CEO and Founder, Seth Merrin, and share the responsibility of providing strategic leadership for the company with a focus on building out new businesses both organically and through acquisition.
“Liquidnet has brought a lot of innovation to the financial industry, and there is so much more we want to do,” says Merrin, Liquidnet CEO and Founder. “Brian thinks like we do, acts like we do, and brings a wealth of knowledge and experience that supplements our own. We are very
Fenergo, a provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, has launched Rules as a Service (RaaS), a cloud-based regulatory rules offering.
The ‘plug and play’ solution is designed to enable financial institutions to easily integrate Fenergo’s regulatory rules capabilities into their existing digital platforms.
Fenergo’s Rules as a Service is available as an on-demand repository of local and global rules for financial institutions seeking a digital solution for their Know your Customer (KYC), Anti Money Laundering (AML) and regulatory requirements across all jurisdictions. This solution, also available on-premise, allows financial firms to focus on
