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Lazard Asset Management (LAM) has appointed Jennifer Anderson and Nikita Singhal as Co-Heads of Sustainable Investment and ESG (environmental, social and governance). Anderson and Singhal are based in London and New York, respectively.
“Our investment teams have been focused on evaluating ESG characteristics of investments for more than a decade,” says Ashish Bhutani, CEO of LAM. “We are pleased to have Jenny and Nikita on board, working closely with our analysts to continue to advance our long-standing efforts to integrate ESG considerations into our research and portfolio management capabilities across the business.”
Anderson has served as a board director
By Roger Woolman, Business Development Director, Asset Management & Alternatives, SS&C Advent – Dual-authorised “Super ManCos” are an ever growing force in the EU investment management industry. Intense competition between asset managers, compressed margins, and the search for investors and investment returns are one factor, as they continue to reduce the barriers between the traditional and alternative investment worlds. Then there is the uncertainty surrounding Brexit, and investment firms’ scramble to retain access to the European Single Market.
In this environment, it is easy to see why the expanding breed of EEA-domiciled management companies (ManCos) able to provide cross-border support for
In 2017, investors allocated almost USD120 billion into private debt funds, on the back of approximately USD100 billion being raised in 2015 and 2016. To better understand the context into which investors are deploying such large amounts of capital, SEI and Preqin conducted a survey of private debt fund managers in mid-2018.
Cayman Islands Investment Group has announced the development of a brand new Digital Asset Trading Platform based in the Cayman Islands.
“We are truly excited to present the world with a new platform,” says Corvin Mclean Jr, Managing Director at Cayman Islands Investment Group Ltd.
Results from a recent survey indicate that many traders see the benefit of the availability of CIIG’s exchange. The ease of access and rich knowledge of the members of the CIIG technology team promises to give users a pleasurable and diverse experience. It is set to be one of the newer blockchain-related projects to
BTIG Limited has appointed Nigel Fenn as a Managing Director in the firm’s Institutional Equities division.
Based in London office, Fenn will cover institutional equity clients within Europe and the US, specialising in block trading across developed, emerging and frontier markets.
Throughout his 25-year career as a senior equity sales and trading professional, Fenn has effectively covered clients in the US and Europe. Prior to BTIG, he was a Managing Director at UBS in London, where he spent more than 13 years in leadership roles within the Secondary European Equity Block business and was responsible for EMEA Equity
Maples and Calder and MaplesFS which together comprise Maples Fiduciary and Maples Fund Services, have consolidated their offerings under a single brand, now called the Maples Group.
This composite of collective services includes an international law firm, advising on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg and global fund administration and fiduciary services.
The rebranding initiative, which includes a new corporate logo and website, highlights the strength of the Maples Group as a comprehensive solution for legal, fiduciary, fund, entity formation and management services, as well as regulatory and compliance services.
Many Alternative UCITS funds did not have a happy 2018, with only one in six funds able to post positive results for the year, and assets under management in the total space declined with slightly less than 8 per cent.
That’s according to the LuxHedge Alternative UCITS 2018 Market Overview which reveals that the LuxHedge Global Alternative UCITS Index posted a loss of -4.45 per cent in 2018, the worst annual result since the start of the LuxHedge indices in 2006. Every strategy group index lost and dispersion between funds was even larger than usual with the top performers delivering
Europe’s fund industry, including ETFs, registered net inflows of EUR152 billion to long-term funds in 2018, a far cry from the record-breaking levels – EUR774 billion – seen in 2017, according to data released by Morningstar.
Morningstar says that the growth of index funds in Europe has outpaced that of actively managed funds for years, and this trend continued to play out in 2018. The biggest divergence came to a head in the bond space, where actively managed bond funds suffered outflows of EUR32.5 billion, while passively managed bond funds enjoyed inflows of EUR30.4 billion for the full year.
Secondary trading of tZERO security tokens is now live. Accredited investors can now trade the tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, which will act as the introducing broker-dealer.
Dinosaur has partnered with PRO Securities, a tZERO subsidiary, which offers an alternative trading system to provide market access for secondary trading of the tZERO security tokens, during market hours initially.
tZERO, which provided the technology behind trading of the world’s first public digital asset, OSTKP, in 2016, raised USD134 million from over 1,000 global investors during its highly publicised security token
VendEx Solutions, a San Francisco-based SaaS company with offices in London, New York, and Charleston, SC, has spun off from International Solutions Network, Consulting Company (ISN) with the aim of ‘redefining the tools for market data and vendor managers in the financial services sector’.
VendEx Solutions was created by ISN in the wake of ISN’s 2017 launch of a new consulting vertical called VendorScape, a top down-bottom up approach to vendor rationalisation. In the course of its engagement with large institutional clients, ISN identified the need to deploy technology to manage the large scale tasks managed by data and vendor
