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RigoBlock, a decentralised asset management network based in Switzerland, has partnered with Ethfinex, a subsidiary of iFinex inc (Bitfinex) for the integration of the RigoBlock asset management platform which is due to launch later this year.
RigoBlock’s vision is to decentralise asset management through use of the Ethereum network. Through collaborating with RigoBlock, Ethfinex users will be able to monitor, create and invest in decentralised token funds available on the RigoBlock network.
“Asset management has never been more accessible than with the implementation of the RigoBlock protocol,” says Will Harborne (pictured), Director of Operations at Ethfinex. “We are incredibly
HSBC Global Asset Management has launched a US Treasury Money Market Fund, the HSBC GLF US Treasury Fund, in response to demand from investors for a broader range of cash investment solutions.
The fund is a new sub-fund of HSBC Global Liquidity Funds plc, an Ireland-domiciled fund company with USD40 billion of short-term money market fund strategies. The new fund will meet the new European regulations for Public Debt Money Market Funds as they are introduced, and will continue to operate with a Constant Net Asset Value.
The fund, which has been assigned a AAAm and AAA-mf rating from
Blockchain for private equity firm Swarm has partnered with decentralised autonomous organisation MakerDAO to integrate the Dai token into the Swarm platform.
Swarm writes that this will give Swarm’s community of accredited investors a greater capability to lock in crypto prices, using the world’s first decentralised stablecoin on the Ethereum blockchain.
“When we connected with the MakerDAO team, we found them to be like-minded, community-focused technologists. Our cooperative relationship will provide new ways for our investors to create and protect their value,” says Philipp Pieper (pictured), CEO and Co-Founder of Swarm. “It removes what has been perceived as
Markov Processes International (MPI), a provider of investment research, technology, analytics and indices for the global investment management industry, has released the Stylus Pro 11.4, the latest version of its flagship investment analytics software.
The firm writes that new release introduces the ability to perform historical regime analysis and stress testing, as well as hypothetical scenario analysis, or ‘what-if’ shocks, on investment products and portfolios. It also introduces proxy-handling capabilities that enable users to extend analysis for shorter-lived funds.
MPI’s returns-based risk offering is focused on meeting the needs of its core clients—fund selectors and fund sellers. The firm’s industry-leading
Holger Mertens, Senior Portfolio Manager, Global Credit and Chia Woon Khien, Senior Portfolio Manager, Fixed Income at Nikko Asset Management examine the future for Chinese bonds in major indices…
In our publication “Will Investors be ready when Chinese bonds go global?” last October we raised the expectation that Chinese bonds could become eligible for inclusion in major bond indices. In March 2018, Bloomberg announced a conditional decision to include Chinese bonds in its flagship bond index: Bloomberg Barclays Global Aggregate, starting from April 2019. The index provider also intends to include China in the Global Treasury and the EM Local
As Bitcoin continues its recent rally, Jon Cotton (pictured), Head Strategist at global cryptocurrency prime brokerage BCB Group, has commented on why this latest move may point to a sustained move upwards for the currency in the medium-term.
“As trading volumes increase to sizeable levels and Bitcoin breaches our previously noted important resistance level of USD7740, according to our analysis the recent rally has put the currency back above an uptrend dating back to November. Bitcoin has also broken over its 50-day moving average for the first time since April, and finally broken north of the downtrend from the December high. In
Risk management and insurance brokerage veteran Lou D’Agostino and his Iron Cove Partners team have joined EPIC Insurance Brokers & Consultants.
D’Agostino (pictured), has over 17 years of insurance brokerage experience with an expertise in serving the Financial Services industry. D’Agostino and team will be based in EPIC’s Midtown, NYC office, reporting to EPIC’s Northeast Region President, Thomas O’Neil, and operating as Iron Cove – a division of EPIC.
Prior to forming Iron Cove, D’Agostino spent 10 years with broker Frank Crystal & Co in New York, where he was a Director in the Financial Services Practice. In this role, D’Agostino designed and placed
USAVE Blockchain (USAVE) is to partner with GMEX Group (GMEX), a provider of exchange, post-trade and digital technology solutions, to build the digital Monaco Gold Spot Exchange (MGX) which will enable secure trading of physical eco-responsible gold.
GMEX will deliver the full GMEX Fusion technology suite to the new exchange as part of its Market Advancement Programme. As part of the agreement GMEX has also acquired a 30 per cent stake in USAVE.
USAVE provides an alternative ecosystem for today’s gold production and distribution standards. It enables an ethically sourced gold supply chain from the miner, with connected hardware recording
A paper on the impact of the Securities Financing Transactions Regulation (SFTR) reveals that transaction reporting for securities financing trades may create five times as many reports as trades when the regulation takes effect, which is expected in early 2020.
The paper was jointly published by The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and its consultancy partner: The Field Effect.
The paper also highlights that SFTR is likely to significantly impact trade booking models and affect 60 per cent of current processes resulting in the need to develop
Alternative investment group Tages is to acquire a stake in VAM Investments, a private equity investment holding company specialising in growth capital and buyouts.
This strategic partnership marks Tages’ entry into the private equity sector as it continues to grow its business lines across alternative asset classes.
Under the agreement, Tages will acquire an initial 34 per cent of VAM Investments, while Francesco Trapani (pictured), a shareholder of Tages since the beginning of 2017, Deputy Chairman and member of the Board of Directors, will take a stake of 15 per cent via a direct investment.
Trapani will also
