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Artivest, a provider of alternative funds and technology solutions, has appointed Kamal Jafarnia as General Counsel and Chief Compliance Officer.
Jafarnia (pictured), brings more than 25 years of experience as an attorney and compliance professional to this role, having advised public and private companies – including alternative investment program sponsors – on complex securities offerings, regulatory and compliance issues, mergers and acquisitions, and corporate governance.
Jafarnia plans to allocate his time between Artivest’s New York and San Diego headquarters, and reports directly to James Waldinger, Artivest’s Founder and Chief Executive Officer.
“As regulations governing wealth and investment management
Avelacom, a high-performance connectivity and IT infrastructure solutions provider for the financial services industry, has extended its connectivity offerings to South Africa, enabling trading firms to access the Johannesburg Stock Exchange (JSE) in a fast and reliable way.
Global banks, HFTs and hedge funds accessing the JSE can now obtain ultra-low latency market data and order handling with microsecond timestamps.
Avelacom has launched a long-haul fibre route between London (LD4) and the JSE through its new point-of-presence (PoP) in Johannesburg. Its primary path connects London and Johannesburg along the west coast of Africa, delivering 155.8 milliseconds round-trip latency.
Avelacom also uses
With the rise in the popularity and value of cryptocurrencies around the world in recent years, G4S has developed an innovative new service offering high-security offline storage that helps to protect assets from criminals and hackers.
Once a niche dream for idealistic computer scientists, the popularity of crypto-assets has become more and more mainstream. With that growth, the value of cryptocurrencies like Bitcoin, Ethereum, XRP and Litecoin has increased at an unprecedented rate. In the space of few years the value of a single Bitcoin has risen from USD800 to over USD6000. For people and companies around the world the
Hedge fund capital began Q4 2018 at a new record level for the ninth consecutive quarter as investors continued the Q2 redemption trends from Macro, Event-Driven, and Relative Value strategies, while Equity Hedge strategies also experienced small outflows in Q3 2018.
Despite investor outflows, hedge fund performance drove total industry capital to a net increase of USD8.4 billion, ending the quarter at a record USD3.24 trillion, according to the latest HFR Global Hedge Fund Industry Report.
Following the USD3.1 billion net outflow in Q218, investors redeemed an estimated USD9.1 billion in Q3 2018, the second consecutive quarter of
Trium Capital, a London-based alternative asset manager, has hired Adrien Szappanyos to manage a new top-down equity long/short strategy.
Szappanyos’ appointment is one of several recent high-profile hires, as Trium prepares to unveil a broader proposition to investors later this year.
Szappanyos brings a wealth of experience to the new role, having spent the past six years managing fundamental and technical strategies at a family office. Prior to this, Szappanyos was a partner at Third Phase Capital Management and managing partner of ACS Capital – while he also successfully managed the Dynacap European Opportunity Fund, which returned more
Hedgeweek, in partnership with Intralinks, hosted a webinar to present the findings of a global LP survey that sought to determine investor sentiment towards general partners of alternative investment funds.
Why is this? What are the underlying dynamics at work that are impelling institutions to explore direct investments alongside their existing commingled and co-investment allocations? What benefits are they striving for? Which regions are they favoring?
Obviously there are associated risks to this, not least how such activity could impact LPs existing relationships with their GPs. Join the panel as they discuss the implications
Michael Nitka, Managing Director, Credit Investments,
With the Bahamian financial sector undergoing a period of intense disruption, in both the common and the business sense of the word, The Bahamas must continue to build its industry up to a place where the innovation that comes out of this sector is an equally formidable force as the disruption being experienced within the global financial system.
That’s according to the The Hon Peter Turnquest, the Bahamas Deputy Prime Minister and Minister of Finance.
In addressing members of the Bahamas Financial Service Board’s at their annual meeting in September, the Deputy Prime Minister, said: “ If in the past,
Appsbroker, one of Google’s largest European Premier Cloud Partners, has launched Appsbroker Cloud Data, the first native Google Cloud market data platform.
Appsbroker Cloud Data delivers buy-side and sell-side firms greater flexibility in accessing market data at a lower cost compared to existing offerings, removing the dependencies on legacy market data infrastructure and proprietary distribution technology.
The first data set launched on the Cloud Data platform is an APA (Approved Publication Arrangements) Aggregator, designed to help firms achieve better market insights and prove compliance with MiFID II requirements such as best execution.
The APA Aggregator connects to a
Watson Wheatley Financial Systems has successfully implemented its iRecs reconciliation system at London-based BennBridge, part of the Bennelong Funds Management Group.
The deployment of iRecs covers daily reconciliation of positions, trades, balances and cash flows as well as P&L, NAV and DTCC reconciliations. The suite allows BennBridge to achieve a high level of automation and control while providing a scalable platform for future growth.
Tom Wheatley (pictured), COO, Watson Wheatley, says: “We have really enjoyed working with BennBridge on this project and are pleased to be able to welcome them as another new client using our hosted iRecs reconciliation
Hedge funds were up 0.26 per cent for the year in September, their weakest performance on record since 2011 when they declined -2.96 per cent in the nine months through to the end of Q3, according to the October 2018 Eurekahedge Report.
Almost 49 per cent of the managers are in the green for the year with roughly 11 per cent of these managers posting double digit gains as tracked in the Eurekahedge Global Hedge Funds Database.
Total assets under management have increased by USD8.0 billion as of September 2018 year-to-date, down from USD150.7 billion over the same period
