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Itiviti, a provider of multi-asset trading technology and financial infrastructure, has partnered with Brazilian risk management provider LOTE45 to provide asset managers with a new execution platform, with full regulatory framework verification.
The platform combines Itiviti’s NYFIX independent trading hub with LOTE45’s Asset Portfolio Manager (APM) and Compliance Portfolio Manager (CPM), which allows robust regulatory framework checks before executing trades that comply with CVM555, BACEN 4661, CMN 4444, 1585, Managerial Funds Regulations and managerial set ups. The order flow will leverage Itiviti’s NYFIX trading hub to reach capital markets and brokers worldwide, while post-execution, the APM system will calculate the
Crayhill Capital Management LP, an alternative asset management firm that specialises in private credit investments, has appointed Stefan Hoefer as Managing Director.
Hoefer will be a senior member of Crayhill’s investment team. His responsibilities will include helping to source, underwrite, structure, execute and manage private credit investments.
“We are gaining immediate traction by bringing on Stefan, who we have worked closely with in the past. His special situations, restructuring and fundamental credit investment skills are exceptional and will help to better position the firm as we head further into the credit cycle,” says Carlos Mendez, Co-Founder and Managing Partner at
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.71 per cent gain in August. Year to date, the Index has lost 1.43 per cent.
“Downtrends in agricultural markets, precious metals, and emerging market currencies provided a helpful tailwind for the 70 per cent of futures funds that reported a profit in August,” says Sol Waksman, founder and president of BarclayHedge.
Five of Barclay’s managed futures indices had gains in August, while four had losses:
The MPI Barclay Elite Systematic Traders Index enjoyed a 2.81 per cent gain in August. Diversified Traders were up
iM Global Partner has acquired a 45 per cent interest in Dynamic Beta investments (previously branded Beachhead Capital), a New York-based specialist in the liquid alternatives space.
iM Global Partner is an investment and development platform focused on acquiring strategic investments in best-in-class traditional and alternative investment firms in the US, Europe and Asia.
Dynamic Beta investments, whose strategies have outperformed relevant industry hedge fund indices and peers over the long term, is focused on delivering hedge fund performance with reasonable fees, daily liquidity and transparency through three main strategies:
-·Equity Hedge: leverages the talent and resources of
Ultimus Fund Solutions, an independent provider of mutual fund, private fund, pooled investment and middle office services, has completed the integration and brand transition of Woodfield Fund Administration, following the acquisition of the private fund administration firm in April.
As a result, Ultimus has expanded its offering to include fund administration services for various private fund structures such as private equity, venture capital, real estate and hedge funds.
As a fully integrated firm, Ultimus is able to better leverage technology investments, resources and assets, providing current and prospective clients the opportunity to access a wider range of services from
David Hall of the Philipp Family Office, Mark Stephens of Blackstar Capital and Morgan Metters, previously of Kimura Capital, have joined forces to create Blackstar Asset Management, a UK based investment advisor.
With Swiss family office seed capital, the firm will focus on sustainable private debt strategies such as direct loans, deal participation and niche private fund opportunities.
The new firm will benefit from the established deal origination and structuring capacity of the experienced Blackstar Trade Finance team, and the wider Blackstar Group will benefit from increased funding sources.
“We are extremely excited about this new partnership,” says
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has launched the latest version of SMDS, its flagship ticker plant software, to all clients globally.
Vela says the new release delivers a number of key client-driven enhancements across the full Vela Stack.
Vela’s Ticker Plant is a software-based feed handling solution providing ultra-low latency, normalised access to over 250 venues, with global coverage and support for all major asset classes. This also includes Vela’s fully-managed European Best Bid Offer (EBBO) solution, US Options Consolidated Book (US OCB) and National Best Bid Offer
LiquidtyEdge has implemented Inforalgo’s Regulatory Reporting Hub (RRH) for US Treasury reporting.
Inforalgo is a provider of straight-through-processing and trading system integration to the Capital Markets industry.
Established as an alternative trading venue for US Treasuries, LiquidityEdge provides a bespoke trading ecosystem that connects a trusted community of buy-side clients, professional trading groups, regional dealers and primary dealers.
Since 2015, Inforalgo has been providing integration solutions for rapid new client onboarding and post-trade STP solutions to support both LiquidityEdge’s LE Direct and LE Select trading models. The existing solution helps LiquidityEdge produce reports and match trading data into
While the stability and resilience of the global financial marketplace has improved significantly since the 2008 crisis, a new white paper published today by The Depository Trust & Clearing Corporation (DTCC) identifies key risks facing the industry and opportunities to mitigate them to help protect market stability.
In ‘The Next Crisis will be Different: Opportunities to Continue Enhancing Financial Stability 10 Years after Lehman’s Insolvency’, DTCC identifies a series of actions to tackle new challenges that have emerged related to the macroeconomic environment, market-related risks and the advent of new technologies, including:
• Expanding central clearing for both cash
Overall industry hedge fund performance came in at +0.04 per cent in August, bringing year to date (YTD) 2018 industry performance to +1.10 per cent, according to data released by eVestment.
Among primary strategies, event driven-activist funds were among the big winners in August, with performance of +1.93 per cent, bringing YTD performance to +2.72 per cent.
Managed futures funds also put up strong returns in August, coming in at +1.77 per cent for the month, although these funds’ performance is still negative for the year at -1.83 per cent.
Macro funds were the only primary strategy to
