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Assets invested in ETFs and ETPs listed globally amounted to USD4.99 trillion at the end of Q2 2018, following net inflows of USD85.47 billion and market moves during the period while the global hedge fund industry saw assets rise to a record USD3.24 trillion, despite net outflows of USD3.0 billion over the quarter, buoyed by positive market moves.
That’s according to ETFGI’s Q2 2018 Global ETF and ETP industry landscape insights report and a report by Hedge Fund Research.
Total assets invested in the global ETF/ETP industry continues to extend their lead over assets invested in the global hedge fund industry,
Coronation Fund Managers, one of the largest independent fund managers in South Africa, has gone live with SmartStream Technologies’ Transaction Lifecycle Management (TLM) Corporate Actions OnDemand – automating the complete corporate actions life cycle.
Llewellyn Smith, COO at Coronation, says: “We continue to make investments in our business, specifically in technology that enhances our clients’ service experience, and which allows us to achieve greater operational efficiencies. Through SmartStream’s tailored solution, we achieve automation of our corporate actions operational processes. Given that this project ran in parallel with a number of strategic initiatives, its successful implementation was essential. We value SmartStream’s
Regulatory technology firm Kaizen Reporting is launching a training service led by the company’s new Senior Regulatory Reporting Specialist, David Nowell. The training will initially focus on MiFIR transaction reporting before expanding to include EMIR trade reporting and the upcoming Securities Financing Transaction Regulation (SFTR).
A former regulator, Nowell has 30 years’ financial services experience. Having previously worked as a transaction reporting technical specialist at the UK FSA, as head of transaction reporting for a tier-1 investment firm and head of compliance for an Approved Reporting Mechanism and Trade Repository, David has a thorough understanding of both the importance and
Five new liquid alternative funds were launched in Q3 2018, including one Equity Hedge Fund, one Event Driven Fund, one Multi-Strategy Fund, one Global Macro Fund and one Relative Value Fund. Additionally, there were 19 liquidations.
That’s according to the Wilshire Funds Management’s Q3 2018 Liquid Alternatives Industry Monitor, which also reveals that there was a USD3.8 billion decrease in the AUM of the Liquid Alternatives Universe during Q3 2018.
In addition, there were approximately -USD4.6 billion in net outflows from the Liquid Alternatives Universe in Q3 2018, despite the Relative Value space experiencing net inflows of USD1.5 billion, continuing
Markov Processes International (MPI), a provider of investment research, technology, analytics and indices for the global investment management industry, has added new target volatility indices to its growing roster of hedge fund indices.
MPI Hedge Fund Indices are designed to pair monthly hedge fund indices with daily tracker indices comprised of liquid securities that enable daily monitoring of hedge fund performance and risk. MPI will now provide target volatility indices for each tracker, enabling benchmarks to be tailored to a specific investor, allocation or product’s desired risk level.
The MPI Eurekahedge 50 Tracker Index (EHFI401), which is a daily tracker
A London-based company has unveiled a new web-based marketing compliance tool that it says is aiming to transform marketing compliance for the alternative investment fund management (AIFM) industry.
Sales Road Maps Online (SRMO) provides AIFMs with key marketing compliance “rules of the road” for 50 jurisdictions when AIFMs are fundraising worldwide.
SRMO Founder & CEO Cathy Brand says: “We have had so many clients over the years asking us to develop this product. By way of background, all AIFMs must comply with local rules (which differ country-by-country) on marketing their AIFs. To investigate numerous, complex country regulations is a time-consuming
Fulcrum Asset Management has appointed Akio Ohtsuka as Senior Adviser. He is currently Executive Advisor of Sumitomo Mitsui Trust Bank Ltd.
Ohtsuka will provide Fulcrum with strategic insight into the Japanese asset management landscape.
Ohtsuka has worked in many of the most senior roles at Sumitomo Trust & Banking Co Ltd and latterly, Sumitomo Mitsui Trust Bank Ltd, since joining the firm in April 1976. He is widely recognised as a key figure in the financial services and pension market in Japan, where he has spearheaded a drive to increase uptake of alternatives and multi strategy products. From 2012 to
The latest figures on the size of the finance industry in Jersey show banking deposits are rising and the value of the funds industry is at a record high.
The net asset value of regulated funds under administration grew by GBP15 billion during the second quarter of 2018 to stand at GBP296 billion at 30 June 2018, the highest recorded figure to date, while banking deposits are also higher at GBP121.2 billion, the most since March 2016 and GBP5.7 billion higher than in March 2018.
The statistics, collated by the Jersey Financial Services Commission (JFSC) and published by Jersey Finance,
NewCity Digital Limited, in partnership with Forbes Media, NewCity Capital and trade.io, has launched Forbes CryptoMarkets, a new data-driven portal that offers comprehensive tracking of cryptocurrencies worldwide that licenses the Forbes brand name.
Forbes CryptoMarkets, which has gone live in beta form, features real-time pricing and volume information on several thousand cryptocurrencies and an initial five cryptocurrency indices worldwide.
The comprehensive site also provides: insights and information on worldwide exchanges such as listed cryptocurrencies, trading pairs, pricing and volumes; a real-time newsfeed aggregating content from leading news organisations and companies, including content from Forbes’ family of sites worldwide; indices tracking
Broadridge Financial Solutions has appointed Julie Flack as General Manager of its Australia business, responsible for driving growth of Broadridge’s sell-side and buy-side businesses in Australia and New Zealand.
Flack will directly manage all Broadridge associates in Australia and she will report to David Becker, Head of Asia Pacific. Her remit will also include product management across Asia Pacific, including defining product strategy and planning and in this role will report to Nidhi Singh, Vice President, Global Product Management.
Flack comes to Broadridge with more than 20 years of financial services industry experience encompassing roles across futures & options,
