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BKCM LLC has promoted Derek Kim and Kevin Lu to Head of Research and Head of Systematic Strategies, respectively. BKCM is an independent investment firm specialising in cryptocurrency and blockchain-focused investment opportunities.
“Crypto-blockchain technologies are an emerging global asset class that demands a combination of deep insight and strong execution – Derek and Kevin bring both,” says Brian Kelly, founder and CEO of the firm. “They are both multi-disciplined, adept at systematic investing, research and trading, and they are committed entrepreneurs. Everything a firm needs to be successful in this space.”
Kim, Head of Research, has extensive experience in
BNP Paribas Securities Services has bolstered its alternatives investment services team with the appointment of Diarmuid Ryan as Global Head of Hedge Fund Services.
Ryan (pictured), joins BNP Paribas from State Street Alternative Investment Solutions where he held several senior executive positions in New York and Ireland over the past 10 years.
In this newly created role, Ryan will focus on deepening relationships with new and existing clients across the US, EMEA and APAC, and delivering strategic end-to-end solutions, including digital services, tailored to their requirements.
Ryan will be based in Dublin, reporting into BNP Paribas Securities Services’
SANNE has appointed Stephanie Hopkins and Stephen McKenna as Co-Heads of the firm’s Private Debt & Capital Markets business for the Europe, Middle East and Africa (EMEA) region.
Effective 1 August 2018, Hopkins (pictured), and McKenna will be responsible for the strategic direction, management and delivery of SANNE’s Private Debt & Capital Markets business with specific focus on the continued development of the division to ensure that clients receive the highest levels of service and technical expertise across all jurisdictions.
Their focus will also continue to be on delivering strong growth through organic initiatives while continuing to drive best
BlackRock has launched a suite of open-ended Emerging Market Debt (EMD) funds that integrate environmental, social and governance factors (ESG).
BlackRock says the new range of UCITS funds complements its existing EMD offering and aims to provide investors with a choice of products that may empower them in reaching their financial objectives and expressing their preferences. The funds are actively managed against a respective set of ESG benchmarks – the JESG EMD indices – launched by JP Morgan in collaboration with BlackRock in April 2018. The funds will provide investors with exposure to debt securities issued by government, public local
QuantHouse, an independent provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has added Actant’s derivative trading solutions to the QuantHouse API Ecosystem.
Actant’s trading solutions deliver algorithmic programming flexibility and control to proprietary trading firms, market makers, investment banks and hedge funds trading the world’s major derivative and equity exchanges.
By combining their automated trading services with QuantHouse’s market data and underlying infrastructure, Actant can now offer fully hosted solutions globally, while QuantHouse API Ecosystem participants can access advanced derivative and risk analytics services in real-time, via a single API.
The US investment management industry this year is riding a continuing wave of strong equity market performance, but the buy-side know they can’t be complacent with the tightening vice of MiFID II regulation in Europe and the rising flow of assets into passive vehicle.
That’s according to the TABB Group’s 14th annual benchmark International US Equity Trading study; ‘US Institutional Equity Trading 2018: Adapting to the New Reality’.
Based on in-depth interviews with 100 buy-side head traders during the first and second quarters of 2018 – including 82 per cent traditional asset managers, 18 per cent hedge funds with
Prime Capital AG, an independent asset manager and financial services provider, has launched PCAM Select, a new multi-strategy fund of hedge funds.
PCAM Select expands Prime Capital’s absolute return offering and follows the highly successful PCAM Blue Chip Ltd, which was launched in 2007 and has been hard-closed since the end of 2017 after reaching an investment volume of approximately USD850 million. PCAM Select’s underlying portfolio currently comprises 16 target funds that invest across the entire strategy spectrum. Up to 25 per cent of the capital is invested in medium-sized, agile managers, while the majority of the capital is invested
Thomson Reuters has enhanced the Reuters Capital Markets 19901 (RCM19901) service with pricing sourced through Dealerweb and ICAP, providing its fixed income trading clients with a global rates offering to further enable trading decisions.
This is the first time that Tradeweb’s Dealerweb pricing will be available to the market, delivering robust pricing from leading market makers for the RCM 19901 service. Through this collaboration, Thomson Reuters trading clients will continue to have the same level of access to high quality data.
RCM 19901 enables clients to make effective evaluations using an extensive source of prices that assists with both portfolio
IHS Markit, a specialist in critical information, analytics and solutions, has completed its USD1.855 billion acquisition of Ipreo, a financial services solutions and data provider.
Previously, IHS Markit had announced its intent to acquire Ipreo from private equity funds managed by Blackstone (NYSE:BX) and from the Goldman Sachs Merchant Banking Division on 21 May 2018; closing happened on 2 August 2018.
“We are moving quickly to integrate the IHS Markit and Ipreo services across multiple business lines to provide greater value to our customers,” says Lance Uggla (pictured), chairman and CEO of IHS Markit. “We look forward to seeing them
Crayhill Capital Management, an alternative asset management firm that specialises in private credit investments, has appointed Sloan Sutta as Managing Director.
Sutta (pictured), will be a senior member of Crayhill’s investment team, and his responsibilities will include helping to source, underwrite, structure, execute and manage asset-based investment opportunities, augmenting Crayhill’s differentiated approach to private credit.
“Private structured credit investing requires specialised skillsets, and Sloan’s deep expertise in the space will be an excellent complement to our investment team’s ability to deliver tailored capital solutions to specialty finance companies,” stated Josh Eaton, Co-Founder and Managing Partner at Crayhill.
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