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Boutique asset manager Unigestion has appointed Didier Anthamatten as Senior Investment Manager, and promoted Nicolas Poignant to Assistant Investment Manager, within its equity derivatives team.
Both Anthamatten and Poignant are focused on running volatility strategies, and their appointments represent the firm’s latest step to increase its capabilities in the liquid alternatives space.
Anthamatten joined Unigestion earlier this year, bringing with him more than a decade of experience in managing specialist derivatives strategies. He was previously Head of Equity Derivatives Trading at Pictet & Cie, having joined the company as Proprietary Trader focusing on Equity Derivatives in 2011. Prior to
BeQuant has launched a new stablecoin, STASIS EUR which will be listed on its global cryptocurrency exchange. The launch aims to allow safe investing for European institutional investors in a reliable asset.
Through its listing on BeQuant, STASIS EUR will be able to reach a wider audience of investors and increase its presence as a leading cryptocurrency in the market.
As a stablecoin, STASIS EURS will offer users the benefits of a traditional fiat currency in a tokenised format. Its compatibility with traditional financial systems allows professional investors to access the cryptocurrency market in a similar way to how they
AlphaBot has launched a new weekly report spotlighting the top 10 best performing crypto currencies.
The move follows AlphaBot’s announcement of the addition of crypto currency performance data and analysis tools to the AlphaBot platform, enabling investors for the first time to compare, portfolio build, and compile reports on more than 1,600 crypto currencies and tokens. The new report draws from this data and analysis and provides perspective not available anywhere else.
“Tracking performance leaders in the fast-moving crypto currency market has never been easy – until now and until AlphaBot,” says Dmitri Alexeev (pictured), AlphaBot Chief Executive Officer.
DAOstack’s native token GEN is to list on Liquid, a newly-launched cryptocurrency exchange by Quoine, starting on 9 October. GEN-ETH, GEN-BTC, and GEN-QASH trading pairs will be available to start, with GEN-fiat trading pairs available in the near future.
DAOstack is designed to be a kind of WordPress for decentralised autonomous organisations (DAOs), a new type of Web3-native organisation that allows like-minded communities to act on shared goals or values without depending on concentrated power centres. The GEN token will soon link a network of DAOs built for a variety of purposes on the DAOstack platform. DAOs using the GEN prediction
The London Metal Exchange (LME) has published a position paper detailing new proposed requirements for listed brands regarding the responsible sourcing of metals, which align with the principles set out by the Organisation for Economic Co-operation and Development’s (OECD) – ‘Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas’ (Guidance).
Following several years of engagement with the OECD and industry associations, and based on the findings of the 2017 responsible sourcing survey sent to all its listed brands, the LME will, over an agreed timeframe, require all relevant producers to assess their risk factors in
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
AMX, an open architecture marketplace for the buying and selling of asset management services, has launched Magnetar Capital (Magnetar) and Lomas Capital Management (Lomas) onto the platform.
These additions bring AMX’s total offering to 17 funds – providing investors with access to a wide range of strategies and asset classes.
Willis Towers Watson worked closely with Magnetar to ensure that its Passive Risk Arbitrage strategy would be implemented in a manner attractive to clients, providing the opportunity to gain exposure to the merger arbitrage premium in the market. Magnetar has onboarded over USD900 million onto AMX.
Lomas’ Focus
Hedge funds posted mixed performance for September as US bonds yields increased, with strategy gains led by fixed income- based Relative Value Arbitrage, while Macro Currency led sub-strategy performance as the US Dollar gained against the Japanese Yen.
The HFRI Fund Weighted Composite Index fell 0.2 per cent in September, with declines in Equity Hedge exposures offsetting positive contributions from credit and interest rate- sensitive Relative Value Arbitrage strategies, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Larger hedge funds topped the performance of smaller funds for
Following an improvement in August, CTAs reported slightly negative performance in September, according to figures released by Societe Generale Prime Services.
The SG CTA Index was down 0.63 per cent, and the SG Trend Index was down 0.97 per cent. The short-term and quant macro strategies fared slightly better as the SG STTI Index was down marginally by 0.24 per cent.
Trend-followers’ performance was mixed as attribution data from the SG Trend Indicator shows there were gains in commodities, but losses in bonds and equities. Commodities contributed +1.27 per cent to the portfolio, particularly upward trends in crude oil
Opus Fund Services has launched Opus JET, a new net asset value (NAV) generating system which leverages smart automation to process all accounting entries for the preparation of NAV.
Using proprietary technologies previously implemented across its Shared Service teams to retrieve data from multiple external sources, JET normalise the information into tens of thousands of accounting entries per month.
JET also facilitates the review of accounting entries, allocations, and fee calculations on an exception’s basis, directly within an enterprise business platform. This allows Opus to standardise hands-free processing, in turn reducing risk and saving time.
Opus says that
