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International law firm Dorsey & Whitney has appointed Helena Nathanson and Paul Regan as partners in the firm’s Finance & Restructuring Group in London.
Nathanson and Regan are experienced advisers to corporate trustee houses. Their expertise includes the full range of capital markets and finance transactions, including high yield bonds, exchange traded products, asset backed commercial paper programmes and securitisations. In addition to new financings, the pair also advise on all post-issuance matters ranging from exercises of discretion to defaults and schemes of arrangement. Nathanson has been active in the City for over 15 years and is well known to major corporate
BTIG has hired Steven Stich within its Prime Brokerage division. Stich will be based in the firm’s Dallas, Texas office and report into Matthew Partain, Managing Director and Head of Prime Brokerage Sales.
In his new role, Stich will lead BTIG’s Prime Brokerage sales efforts across Texas and the Midwestern region of the US.
“We are excited about Steve joining our team, and look forward to his contributions,” says Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage. “Texas and the Midwest are strategically important markets for BTIG, and we believe that Steve will help us expand our
Luxembourg has once again ranked among the top three EU financial centres in 2018, having granted 80 new licences for banks, management companies, alternative asset managers, insurers and investment firms.
This number includes several financial institutions to have publicly announced their decision to relocate some activities because of Brexit.
To date, the Brexit relocation plans of 47 financial institutions involving Luxembourg have been made public. Half of these are asset managers and the other half are a mix of banks, insurers and payment service providers. Meanwhile, a number of firms have chosen to expand their existing Luxembourg operations
Guernsey is aiming to take a leading role in drafting new laws to offer certainty in the use of ‘Electronic Agents’ in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist financial services.
The lodging of the Electronic Transactions (Electronic Agents) (Guernsey), 2019, Ordinance this week offers greater certainty as the use of artificial intelligence and distributed ledger technology grows. It will boost confidence and enable adopters of technology solutions to use Guernsey.
The new law will allow the formation of a contract through the interaction of electronic agents, on the
Hedge fund advisory firm Dynamic Beta investments (DBi), a specialist in the liquid alternatives market, has expanded its management team with the appointment of former AQR Global Head of Execution Douglas Cilento as Chief Operating Officer.
Cilento (pictured) joins DBi with an extensive 18-year track record. At AQR, he managed the Trading team responsible for execution and strategy implementation across global markets in all liquid asset classes. His team focused on building automated trading strategies to deliver low-impact trade implementation, operational efficiency and risk reduction, and best-in-class execution.
Prior to AQR, Cilento was the head of electronic FX trading
ABN AMRO, Banco Santander, Bank of America Merrill Lynch, Barclays, Goldman Sachs, ING and three other financial institutions have joined IHS Markit’s technology design team for Securities Financing Transaction Regulation (SFTR) reporting.
“With significant engagement from more than 40 industry leaders, we are confident that we are developing a comprehensive, universal SFTR reporting solution that will streamline compliance requirements for the full range of firms active in the securities lending, repo and prime brokerage markets,” says Pierre Khemdoudi (pictured), managing director and global co-head of equities, data and analytics at IHS Markit.
SFTR was enacted by the European Parliament
Following the successful completion of its merger with alternative asset manager Altegris, Artivest has expanded its suite of services to include product structuring and fund distribution solutions for asset and wealth manager enterprise partners.
These new offerings embody Artivest’s long-term commitment to advising and partnering with its array of clients at every stage along the alternative fund lifecycle.
“Our mission is to optimise investor, advisor, and enterprise access to premier alternative funds. These new consulting offerings play a critical role in this undertaking,” says James Waldinger (pictured), Founder and CEO of Artivest. “We will continue to identify options for
“Tech-tonic Shift: Innovation in Alternative Investments” will be the theme of the 2019 Cayman Alternative Investment Summit (CAIS), https://cais.ky. This will be the sixth year for CAIS and it promises to be the biggest yet at the Kimpton Seafire Resort & Spa on Grand Cayman, owned by Dart Enterprises, the host sponsor for CAIS.
Throughout the event, which takes place on 6–8 February, 2019, the focus will be on innovation and disruption, featuring an array of panel discussions around topics such as ESG and impact investing, blockchain technology, robotics and AI, geopolitical disruptions and alternative data, just to name a
Slowing German output and lower inflation in the US and China will likely favour bonds over equities and export-oriented European equities over domestic-focused stocks in Q1 2019, according to an analysis by Kestrel Investment Partners (KIP), an independent global allocation investment manager.
According to KIP’s analytical models, economic conditions initially likely to be supportive of equity valuations early this quarter nonetheless probably will not be sustained throughout Q1 2019, given that economic conditions in the Eurozone will deteriorate markedly as recessionary pressures build in Germany, while US growth descends toward trend, and Chinese stimulus measures take time to show their
New research amongst institutional investors from the Global Blockchain Business Council (GBBC) reveals that 63 per cent believe senior executives at large established businesses have a poor understanding of blockchain.
Only 7 per cent described their understanding as ‘good’, with the remainder describing it as ‘average’.
According to the research, 76 per cent of professional investors interviewed don’t feel senior executives at large established businesses are particularly committed to blockchain, but overall they expect global spend on blockchain technology to increase by 108 per cent this year. Over one-in-20 (6 per cent) anticipate spend in this area will increase
