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The world’s first space security token has been announced at the Zurich Crypto Summit, by SpaceFund Inc, a Texas-based venture capital firm focussed on using new blockchain technology to fund ‘frontier enabling’ space startups.
“SpaceFund’s goal is to support the development and profitability of amazing new space startups around the world,” says Rick Tumlinson, founding partner of SpaceFund. “With Jeff Bezos, Elon Musk, and others investing billions into a space economic infrastructure, a revolution is underway in space. We want to allow more visionary people to get involved, to support the entrepreneurs opening space to humanity, and to share in
State Street Global Advisors, the asset management arm of State Street Corporation, has launched the SPDR Bond Compass.
The Bond Compass will be published quarterly and uses proprietary research from State Street Global Markets’, the research and trading division of State Street. It presents a snapshot of global fixed income flows and holdings indicators from Q3 2018, derived from a sample of USD10 trillion of assets, which captures more than 10 per cent of the world’s outstanding fixed income holdings. In so doing, the Bond Compass provides unique insight into how investors are positioning their portfolios based on State Street Global
When it comes to protecting your business, you can never be too prepared. In the competitive investment management world, downtime for any reason is not an option. Whether it be a natural disaster, inclement weather, or even a flu epidemic sweeping the office, your firm needs to have both Disaster Recovery and Business Continuity Plans to ensure that your firm doesn’t undergo the costly financial and reputational losses in the case of downtime.Firstly, it’s important to understand difference between Disaster Recovery and Business Continuity Plans.
Disaster Recovery refers to the policies and procedures to enable the recovery of key technology
AlphaCentric has surpassed USD2.5 billion in assets under management (AUM). This represents a 150 per cent increase in assets in 13 months.
“AlphaCentric’s growth over the last four years is a testament to the strategies that we offer investors,” says Mark Kamies, managing member and co-founder of AlphaCentric. “We are committed to offering products that provide diversification and utilise unique investment strategies, while attempting to mitigate risk. As we continue to grow, we will remain steadfast in our focus on distinct fund offerings and strong investment management teams.”
AlphaCentric, which launched in 2014, currently offers six unique alpha-driven strategies in
SharesPost, a provider of liquidity solutions to the private growth asset class, has launched the SharesPost Token Index, a tool designed to track the growth of the token market.
The Index focuses on a select group of tokens based on the ERC-20 protocol, and uses factors such as market capitalisation and trading history to assign a weight to each token based on price and circulating supply. As such, the Index is able to accurately reflect the market’s overall maturity in real-time on a daily basis while minimising liquidity risk and transaction costs.
SharesPost Founder and CEO Gregory Brogger
CUSIP Global Services (CGS) has expanded its CUSIP Options service to now include futures and options on futures for the North American market.
The expansion was made possible through an extension of the CGS 2009 partnership with Euromoney TRADEDATA, a financial information provider specialising in futures and options products. Building on the partnership, CGS will now also assign CUSIPs and CGS ISINs to all standard options on standard futures listed by the major North American exchanges.
Exchange coverage for this new data set includes Chicago Board of Trade (CBOT), CBOE Futures Exchange (CFE), Chicago Mercantile Exchange Inc (CME), New York
Crystal Financial Institutions, a division of Alliant Insurance Services has launched a new cyber solution specially tailored to hedge funds that addresses numerous aspects of cyber risk management, including security management, insurance, crisis management and legal support.
Cyber Risk 360° provides powerful coverage for modern risks. It includes a cyber insurance policy that has an available coverage extension for fee income related to unplanned redemptions. As one of the industry’s first solutions to offer this unique extension, it allows fund managers to recoup lost management fee income attributed to a cyber breach event. Other features of Cyber Risk 360° include
Prescient Investment Management has launched the Prescient China Equity Fund, which has been established as an Irish regulated UCITS with daily liquidity and seeded with USD100 million.
The fund uses a systematic, quantitative approach to seek long term capital growth by investing primarily in China A shares listed on the Shanghai and Shenzhen Stock Exchanges by virtue of Prescient’s Qualified Foreign Institutional Investor (QFII) status granted by the China Securities Regulatory Commission.
“Prescient has a successful five-year track record of investing in China in a UCITS compliant format. This latest fund reflects investor demand for mainland Chinese equity exposure, which
Transaction Networks Services (TNS) is adding Eurex and Xetra to its financial community via a new agreement which will help Deutsche Boerse expand the reach of its key European markets.
TNS, which provides access to more than 300 market feeds from over 55 stock exchanges and electronic connectivity networks, has a 2,100 endpoint strong financial extranet. Its connectivity, managed hosting and co-location services are used by over 700 financial institutions globally who will now be able to quickly establish new connections with Eurex and Xetra.
Oliver Grohmann, Head of Market Readiness (for Trading, Clearing and Cash Market) at Deutsche
OANDA a specialist in online multi-asset trading services and currency data and analytics, has appointed Tim Howkins as Chairman of the firm’s Board of Directors.
Howkins has worked with entrepreneurial high-growth businesses for close to 35 years. He is best known for his 16-year career with IG Group, having initially joined the firm as CFO before assuming the role of CEO. During his nine-year tenure at the helm, Howkins steered the business through an unprecedented period of global transformation, driving significant growth in shareholder value and quadrupling earnings per share.
Howkins says, “I am delighted to be joining OANDA at
