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Aubrey Brocklebank, who joined Mayar Capital from Odey Asset Management in 2015, has been appointed to the firm’s board of directors.
Since joining, Brocklebank (pictured), has been Senior Research Analyst for the firm’s flagship Mayar Fund, which was recently rated 5 stars by Morningstar, topping its Global Large-Cap Value Equity category for five-year performance to 31 October 2018.
According to Morningstar data (in GBP), the fund has returned 88.5 per cent net of fees to investors over the past five years, compared with a category average of 52.0 per cent and benchmark return of 59.9 per cent.
The
Alternative investment firm Värde Partners has held the final close of the Värde Asia Credit Fund with approximately USD400 million of committed capital. The fund, which exceeded its USD250 million target and closed after six months, is the firm’s first Asia-dedicated vehicle.
The fund has the flexibility to invest across corporate credit, special situations lending, and stressed and distressed real estate investments throughout Asia Pacific.
Värde expects the opportunity set to be driven by structural and cyclical factors in the region, including bank retrenchment and less developed capital markets, as well as sectors with high leverage and slowed growth
OKEx, a Malta-based digital asset exchange, has launched a new derivative product, Perpetual Swap, a peer-to-peer, virtual derivative developed by OKEx to enable traders to speculate the direction of the price of digital assets such as Bitcoin.
With the new addition, users of OKEx can now perform perpetual swap, futures contract, and spot trading with margin and leverage at one stop. Perpetual swap trading will be officially available at OKEx on 11 December 2018 at 01:00 (GMT+9).
Perpetual Swap has a mechanism very similar to futures contract, but with no expiry, and settlement occurs daily. Each swap contract has
Calastone, the global fund transaction network, is to migrate its entire global network of more than 1,700 financial organisations, across 40 global markets, to blockchain in May 2019 via the company’s new Distributed Market Infrastructure (DMI).
The migration connects one of the largest communities of global financial organisations using distributed ledger technology, marking a significant step for the digitalising of the funds sector.
The DMI creates a global funds marketplace, in which buyers and sellers can connect and transact. It creates an ecosystem within which the trading, settlement and servicing of funds is friction free, eliminating ever-growing risk and
Amid fears of another economic shock and fading trust in European political institutions, pension plans are using fresh approaches to generate returns, according to a new survey published by CREATE-Research and European asset manager Amundi.
The rise of populism, evidenced by the Italian election result and the Brexit vote, is symptomatic of fading trust in the European Union as an institution, creating long-term investment risks. Pension plans are therefore shunning the old ways of investing and adopting innovations in asset classes, asset allocation and thematic investing.
Amundi and CREATE-Research’s report surveyed 149 pension plans in Europe – with total
ZEDRA, a global provider of trust, corporate and fund services, has acquired the JP Integra Group (JP Integra), a Cayman-based provider of fund, corporate and trustee services.
JP Integra, which currently has in excess of USD6 billion in assets under administration, has particular expertise in assisting international private, institutional and sovereign clients with all aspects of structuring and operating structures for joint ventures, wealth management, asset protection and collective investments.
The transaction, which is subject to regulatory approval and is expected to complete in the first half of 2019, substantially increases ZEDRA’s capabilities in providing the most appropriate structuring
The introduction of the Tax Cuts and Jobs Act (TCJA) in the United States last December has been keeping tax specialists and accountants particularly busy, as hedge fund managers and family offices seek to best position themselves under this new tax regime.
Kaizen Reporting (Kaizen), a specialist regulatory reporting firm, is extending its award-winning assurance service, ReportShield, to cover MiFIR trade reporting.
Under MiFID II, investment firms are required to report on both trades and transactions. Trade reporting improves the near to real-time trade transparency information published to potential investors. Financial details of trades are reported to an Approved Publication Arrangement (APA) for dissemination to the market. In transaction reporting trade details must be reported in T+1 to an Approved Reporting Mechanism (ARM) which validates the data before sending the reports to regulators.
Kaizen has hired Chris Machin (pictured), who was instrumental
The recent losses posted by Greater China equity fund managers nearly depleted their relative outperformance over their North American counterparts accumulated since the end of 2016, according to figures released by Eurekhedge.
Owing to the underlying regional equity market rally, equity fund managers focusing on Greater China region returned 32.06 per cent in 2017, vastly outperforming equity fund managers focusing on North America, who returned an average of 9.70 per cent.
However, the Greater China mandate has been under severe pressure from the ongoing trade tension and weak currency. The Eurekahedge Greater China Long Short Equities Hedge Fund Index
QCP Capital, an Asian digital-asset trading firm, has connected to the trading platform of Seed CX which, through its subsidiaries, offers a licensed exchange for institutional trading and settlement of spot digital asset products and plans to offer a market for CFTC-regulated digital asset derivatives.
With this connection, Seed CX is bridging geographically disparate liquidity pools by providing Singapore investors access to a licensed and regulated exchange, and U.S. investors to liquidity and order flow from the extensive digital-assets trading ecosystem in Asia.
“Seed CX’s mission is to be the preferred trading venue for leading institutions across the world,”
