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CFA UK’s latest Valuations Index, which measures investors’ perceptions of the value of equities, bonds and gold, indicates a risk-off mentality amongst investors in Q2 2018, with those polled seeing most value in safe haven assets.
According to the Index, investors’ outlook on government bonds has improved compared to the previous quarter. Perceptions of overvaluation decreased 4 per cent, dropping from 80 per cent in Q1 2018 to 76 per cent in Q2 2018.[1] The yield of government bonds, meanwhile, increased slightly over the same period.
On the other hand, the Q2 2018 survey reveals that 4 per cent
The European Energy Exchange (EEX) has recorded the first trade in the new liquid milk future. The exchange transaction covered a volume of 25,000 kilograms traded at the price of EUR 36.50/100 kg for the October 2018 expiry.
The liquid milk future launched by EEX on 15 August 2018 complements the product portfolio on the dairy derivatives market of the exchange. EEX is the first exchange in Europe to offer a liquid milk contract for trading. “The new product is an attractive addition to risk management in the dairy market, as it allows our customers even more precise hedging against price
SharesPost, a provider of liquidity solutions to the private growth asset class, has partnered with Securitize, an end-to-end technology platform for tokenising any asset, to enable security token issuers to list on the SharesPost platform.
The partnership will help both investors and security token issuers by providing additional liquidity and accessibility to the growing global digital asset marketplace.
“We’re excited to partner with a robust and well-established marketplace for digital securities like SharesPost,” says Carlos Domingo, CEO of Securitize. “We continue to see rapid adoption of our Digital Securities Protocol across the globe and welcome further partnerships.”
Through this partnership, Securitize’s
DWS has appointed Clarence Ng as Chief Financial Officer (CFO) for the Alternatives Asia Pacific business, and Chief Operating Officer (COO) for DWS China.
In these newly created positions, Ng will be responsible for managing the implementation of all financial and governance aspects of the Alternatives business across the APAC region, in addition to managing all operational aspects of DWS Shanghai. Based in Shanghai, Ng will report to Leon Williams, Chief Operating Officer Alternatives, Asia Pacific.
Ng joins DWS with 16 years of experience. His most recent position held was Global Markets Finance Director for Deutsche Bank (China) Company
Koger, a global financial services technology company, has launched an open-source client portal for financial institutions, asset managers, and fund administrators that works in tandem with the systems they already have in place.
“With our technology, financial firms don’t have to build their own client-facing portal. We provide the code and firms can use it as an overlay with their existing systems,” says Ras Sipko, Koger’s Chief Operating Officer.
The portal interfaces with all systems and offers complete functionality with full operational transparency. It’s a flexible solution that financial firms can deploy with their current technology.
“You no longer
StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has made two new senior appointments and announced a new divisional structure for its Canadian operations.
In alignment with the Group’s strategic objectives, with a formal go-live date of 1 January 2019, StatPro will begin to operate across three divisions, StatPro Revolution, Source: StatPro, and StatPro Infovest. The Revolution division will focus on cloud-based performance and risk analytics platform. Source: StatPro will focus on market data and index services, and Infovest will focus on investment data management solutions.
Source: StatPro operates globally from
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has partnered with CoinMarketCap to provide cryptocurrency data via Vela’s Market Data Feed service, SuperFeed.
The partnership will provide Vela’s institutional client base with normalised access to the rapidly expanding list of more than 1,800 cryptocurrency coins and tokens supported by CoinMarketCap. Vela will integrate CoinMarketCap’s professional API into its streaming market data feed, SuperFeed, to enable institutions, including broker-dealers, banks, and other retail firms, to access CoinMarketCap’s world-leading cryptocurrency data alongside more traditional market data sources.
Vela’s SuperFeed provides low-latency, normalised data without
Sixty four per cent of asset managers plan to launch cross-border products in the next five years, however, the vast majority (88 per cent) see distribution-related data as a challenge in achieving this, and believe the pace of change is only accelerating.
That’s according to the latest State Street 2018 Fund Strategy Survey of 250 asset managers globally, analysing how they are developing cross-border strategies, including the factors influencing their choice of fund vehicle, passport and domicile location. More than half (57 per cent) are worried about new entrants from the world of technology.
Asset managers are also planning
Sweeping changes have been a driving force behind perennial issues in the US fixed income markets, from altered workflows and new technology, to entirely new streams of transparent market data made available to participants.
That’s according to a new report from TABB Group, “US Fixed Income Market: Industry Trends & Drivers 2018 Mid-Year Update,” the fifth in a series tracking a growing list of critical factors impacting the OTC fixed income markets in a post-financial crisis world.
However, as Colby Jenkins, TABB Group fixed income research analyst who wrote the report points out, continued regulatory reform in the US
Seix Investment Advisors, an affiliate of Virtus Investment Partners, has appointed Michael Tamasco, CFA, as managing director, Institutional Sales.
Tamasco (pictured), has more than 25 years of experience developing new business globally, managing investment strategies and trading fixed income securities. In his new role, he will offer Seix’s comprehensive array of fixed income strategies, including its expertise in managing broad market, short duration, taxable and tax-exempt investment grade portfolios along with high yield bonds, leveraged loans, CLO structures and multi-sector credit solutions.
“Having someone with Michael’s extensive background in institutional sales and consultant relations, coupled with solid investment and
