Latest News
Edge Technology Group, a Managed Service Provider to the financial sector, has released a paper exploring several key factors to aid investment firms in developing an informed cloud migration strategy.
The paper also provides key findings from the Gartner research report, ‘Build the Right Justification for Moving to the Cloud’ (Kevin Ji; Refreshed 27 July 2018, Published 15 May 2017). The paper is designed to aid firms in mapping a successful cloud migration for their particular use cases.
As cloud computing continues to evolve, the views on the value of public versus private cloud are also developing. In many
CreativeCap Advisors,a premier global asset management consulting firm, has added Richard S Heller, Partner at Thompson Hine, as one of the mentors for the firm’s Global Emerging Manager Incubator.
Heller (pictured), joins the global mentor network having extensive experience working with fund managers helping them to structure their funds and advising them on best practices in building a quality fund business.
“We are very excited to welcome Richard Heller to our global network of mentors. We are confident that his vast experience and expertise will better enable our incubatees to build superior and stronger businesses,” says Tyra S Jeffries,
Following extensive consultations with industry which began earlier this year in May, ending 27 July, the Derivatives Service Bureau (DSB), has published its Industry Consultation Report, August 2018, which comprehensively captures industry feedback, and documents a significant call for the DSB to create additional use cases for ISINs on OTC Derivatives.
As well as industry calls for additional use cases for ISINs, as a direct result of consultations, the DSB will also be implementing changes to the DSB Product Committee, to ensure for even broader industry participation and engagement. These changes will be complemented by further improved service levels, which
Meketa Investment Group is to host a Public and Private Markets Emerging & Diverse Manager Research Day in three of the firm’s US offices (Chicago, IL; Westwood, MA; and Carlsbad, CA).
The event will take place on Tuesday 2 October 2018, and will mark the second time this year that Meketa is hosting an Emerging & Diverse Manager Research Day.
Highly experienced in working with such organisations, Meketa is hosting the event to further expand the firm’s outreach to engage professional relationships with emerging, minority-owned, women-owned and disabled-owned business enterprise (MWDBE) investment managers. Meketa defines emerging managers as firms
Redemptions from hedge funds hit a 20-month high in June, according to the Barclay Fund Flow Indicator, as the financial markets weighed the risks of trade disputes and rising interest rates. Hedge fund industry assets remained at an all-time high of USD3.0 trillion.
Data drawn from more than 5,000 hedge funds in the BarclayHedge database estimated that the hedge fund industry (excluding CTAs) gave up USD8.9 billion (-0.3 per cent of assets) in June, reversing inflows of USD4.0 billion (0.1 per cent of assets) the month before. June marked the largest outflow since October 2016, according to the Barclay Fund
TransFICC, a specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, has secured a strategic investment from Citi.
Citi joins existing shareholders, Illuminate Financial, Main Incubator (part of Commerzbank) and The FinLab.
TransFICC resolves the issue of market fragmentation by providing banks and asset managers with a unified low-latency, robust and scalable API. TransFICC enables financial institutions to access their required eTrading venues, while streamlining technology requirements and reducing operational costs.
In addition, TransFICC has joined Citi’s Innovation Lab in London, the first external company to do so. Launched in February 2018, the London Innovation Lab
Link Asset Services, part of Link Group, a provider of financial administration services, has made a strategic investment in Leveris Limited (Leveris).
Leveris is a financial technology company headquartered in Ireland with core expertise in banking and financial services. Leveris has developed a next-generation, modular, end-to-end banking platform that facilitates lending, deposit taking, card issuance and digital channel design. Its open architecture enables seamless integration with third parties through a combination of functionality, creating unique solutions for clients.
Strategically for Link Group, the Leveris platform will provide a modern and easily adaptable platform to expand the addressable market of
Quantitative asset management company WorldQuant, in partnership with global online learning company Udacity, has launched a new Artificial Intelligence for Trading Nanodegree program.
Students enrolled in the programme will analyse real data and build financial models by learning the basics of quantitative trading, as well as how to analyse alternative data and use machine learning to generate trading signals.
Udacity and WorldQuant have collaborated with top industry professionals with prior experience at leading financial institutions to ensure students are exposed to the latest AI applications in trading and quantitative finance. By learning from industry experts, students will advance their
BlackRock has expanded its Global Bond Product Suite with the launch of the BlackRock Global Funds (BGF) Global Bond Income Fund (the Fund).
The Fund forms part of the firm’s Multi-Sector Fixed Income platform, which includes aggregate, government, corporate and flexible bond strategies. The Fund aims to deliver an attractive level of current income by investing across global fixed income markets in a diversified and risk-aware fashion and seeks to achieve growth by capturing strong performance across the credit cycle.
The Fund is managed by Rick Rieder (pictured), BlackRock’s Chief Investment Officer of Global Fixed Income, in
Jim Wright, manager of the LF Miton Global Infrastructure Income Fund, explains why an improving environment for Canadian energy stocks has prompted him to increase allocation from 15.2 per cent at the end of March 2018 to 17.4 per cent…
After a period of stagnation, we see significant value opportunities emerging in the Canadian infrastructure sector.
We expect strong growth in oil and gas production over the coming years, based on abundant resources and more effective and efficient extraction. Demand for oil and gas for domestic consumption, from the USA and, increasingly, for overseas export, is likely to continue