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Catalyst Funds, an alternative-focussed mutual fund company, has launched the Catalyst Enhanced Income Strategy Fund (EIXIX), which employs an income-focused strategy that invests in a variety of non-traditional income asset classes.
EIXIX invests primarily in agency and non-agency residential mortgage backed securities (RMBS) as well as other asset-backed income securities, including securities backed by aircraft, automobiles, credit card receivables, and student loans. Under normal circumstances, the Fund will invest over 25 per cent of its assets in agency and non-agency RMBS and will diversify geographically and among the servicing institutions that service or originate these securities. The Fund’s objective is
IPM, a Stockholm-based systematic asset manager, has completed the transfer of the sub-fund MS IPM Systematic Macro UCITS Fund from the Morgan Stanley FundLogic Alternative UCITS platform to the new IPM UCITS Umbrella ICAV (IPM UCITS ICAV), following Morgan Stanley’s decision to discontinue the FundLogic Alternatives umbrella last year.
Morgan Stanley has overseen and facilitated the transition of the fund to the IPM UCITS ICAV and will remain one of the key trading counterparties of the new fund.
The IPM UCITS ICAV has retained the services of Northern Trust who remain as Custodian, Transfer Agent and Administrator, maintaining continuity
The Wall Street Blockchain Alliance has joined enterprise software firm R3’s collaborative initiative to develop innovative applications and solutions on its Corda blockchain platform.
The Wall Street Blockchain Alliance (WSBA) is a non-profit trade association with a mission to advocate, guide and promote comprehensive adoption of blockchain technology and cryptoassets across global markets.
It joins R3’s global network of more than 300 of the world’s largest financial services firms, technology companies, central banks, regulators, and trade associations working together on Corda.
Corda is an enterprise-grade blockchain platform that removes costly friction in business transactions by enabling institutions to
Hedge fund strategies that suffered in December rebounded last month (L/S Equity, Relative Value Arbitrage), while those resilient at the end of 2018 (CTAs) lagged behind, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Looking at performance over the past two months, Event-Driven stands out as the outperforming strategy and Macro/ CTAs as the underperforming one, according to broad benchmarks. CTAs suffered from the trend reversal in equities at the turn of the year, down 2.6 per cent in January after a dismal year in 2018. Their long positioning on bonds is now at risk if
Avelacom, a global connectivity and IT infrastructure provider for the financial services industry, tis opening its third point of presence (PoP) in Tokyo. The new PoP is at the AT TOKYO Premium Colocation Space.
The deployment of this new PoP enables Avelacom to deliver ultra-low latency access and increased reliability to firms trading in Japan’s capital markets. In the past year Avelacom has seen double-digit growth in new business volumes originating in the APAC region, driven by clients demanding professional-grade connectivity services between APAC venues and exchanges, as well as to those in Europe and the USA. The addition of this new
Style Analytics, a provider of factor-based analysis software for investment professionals, is enhancing its Peer Insights product with data from eVestment, a provider of institutional investment data and analytics.
Peer Insights, designed for the buy-side, provides objective factor-by-factor comparisons between individual funds or peer groups enabling the user to identify underlying exposures to sectors, countries and risk to make superior investment choices.
Over 75 per cent of the top 50 institutional investment consultants worldwide rely on eVestment data and analytics for manager research and screening.
The eVestment data available via Peer Insights will provide asset owners and consultants
Digital Isle of Man has formed a Blockchain Office and launched an Isle of Man Sandbox, established to guide blockchain businesses through current (and future) regulatory landscapes, with expert-led assistance and support.
These initiatives form part of a major new commitment for the Isle of Man to become an international hub for blockchain businesses, providing a fully supportive and collaborative environment. The Island welcomes innovative technology, and will not regulate blockchain in isolation, giving businesses the flexibility to best use this emerging and transformative technology.
Digital Isle of Man will create a Blockchain Office, a unique hub that is
Kempen Capital Management (Kempen) has appointed two senior portfolio managers to its business investment teams.
Jags Walia has been appointed as senior portfolio manager for infrastructure, while Ingmar Schaefer has been appointed as senior portfolio manager for European small caps.
Previously, Walia worked as a senior portfolio manager for APG Asset Management, where he focussed predominantly on energy sector shares. Prior to this position, he worked for Delta Lloyd Asset Management and Morgan Stanley. He will bring nearly 25 years of experience in the financial industry to his new post.
Schaefer also worked as a senior portfolio manager
Philip Moustakis, most recently a senior counsel at the Securities and Exchange Commission, has joined law firm Seward & Kissel.
Moustakis spent more than a decade in the SEC’s Division of Enforcement in New York, where he served a lengthy tenure in the Asset Management Unit and was a member of the Cyber Unit since its formation in 2017. He will work closely with several of Seward & Kissel’s practice areas in both New York and Washington DC, including the Government Enforcement and Internal Investigations Group, the Investment Management Group, and the Blockchain and Cryptocurrency Group.
As a member of the
Digital asset exchange Kraken has acquired Crypto Facilities, a regulated cryptocurrency trading platform and index provider. The combination creates a specialist in cryptocurrency spot and futures trading.
London-based Crypto Facilities offers individuals and institutions transparent, secure, 24/7 trading on a range of cryptocurrency derivatives. A pioneer in the industry, the firm was the first regulated entity to list futures on Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash. The firm is also the leading cryptocurrency index provider, calculating the CME CF Bitcoin Reference Rate that powers the CME Group’s Bitcoin futures. Users value the high integrity, low latency marketplace that
