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CAMRADATA, a provider of data and analysis for institutional investors, has launched a Private Markets Database giving investors who are looking for more diversification in their investments access to a new private markets screen within CAMRADATA Live.
CAMRADATA Live enables asset managers to showcase their strategies and allows institutional investors and investment consultants to analyse them all in one easy place. Over 2,500 investors and consultants use the portal to search and analyse nearly 6,000 investment products offered by more than 700 asset managers.
Now clients can search in eight private market categories – allowing them to make more informed investment decisions. These
Nikko Asset Management Co (Nikko AM) has established a Corporate Sustainability Department, bolstering its Environmental, Social, and Governance (ESG) commitments both in the way in which it manages itself and how it approaches investing.
Overseen by Representative Director and Executive Deputy President Junichi Sayato and led day-to-day from Tokyo by Global Head of Product & Marketing, and Head of Corporate Sustainability, Stefanie Drews, the Department guides the Firm’s internal ESG commitments and implementation and will work closely with investment teams globally to communicate developments in their approach to ESG in investment processes. Specific internal ESG commitments include nurturing diversity and
Post-financial crisis regulatory changes in derivatives trading have forced change on how UK pension funds and large asset managers conduct their business, according to Maxime Jeanniard du Dot, the COO of derivatives analytics firm OpenGamma.
The regulatory change means that many asset managers and pension funds will be posting initial margin for the first time. Financial institutions with a notional amount of non-centrally cleared derivatives greater than EUR1,500 billion will have to exchange initial margin this month.
OpenGamma estimates that a further 10 firms are expected to be pulled into this tranche, joining the big investment banks already in scope.
‘Wild West’ crypto-assets should be regulated according to the UK Treasury Committee which has published a unanimously-agreed report on crypto-assets for its Digital Currencies inquiry.
The report finds that problems include volatile prices, hacking vulnerabilities, minimal consumer protection, and anonymity aiding money laundering. At a minimum, regulation should address consumer protection and Anti-Money Laundering (AML), the committee says.
Blockchain is deemed currently slow, costly and energy-intensive, but there is potential for data storage uses.
The report says: “There are a number of examples of blockchain being deployed in the financial services industry and supply chain management. The Committee is supportive
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has added key Asia Pacific (APAC) exchanges to SuperFeed, its normalised Market Data Feed.
The initial implementation will deliver APAC exchange data to existing locations in Europe and North America. The exchanges being added to Vela’s SuperFeed include major futures and options markets within the region, specifically ASX24, Hong Kong Exchange, National Stock Exchange of India, Osaka Stock Exchange, and Singapore Stock Exchange, with further markets due to be added in 2019 as well as access points within the region.
Vela’s SuperFeed provides low-latency, normalised
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, an algo trading platform and infrastructure solutions, has added Enyx to the qh API ecosystem.
The addition of Enyx, a provider of low-latency, FPGA-based market data and order execution systems, provides trading firms with immediate access to a high performance, FPGA accelerated end-to-end market data service.
FPGA solutions have been predominantly leveraged by an elite few given the associated barriers to entry for dedicated platforms. To help reduce cost and time to market, Enyx and QuantHouse delivered, as a service, an FPGA accelerated hardware solution
The Derivatives Service Bureau, founded by the Association of Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs) for OTC Derivatives, is looking for broader industry representation within the DSB’s Product Committee, and is now inviting applications to participate.
From 8 January 2019, representation will include two new categories, custodians and data vendors, to expand on the existing buy-side, sell-side and trading venues, thereby increasing voting members from nine to 15. Participation is also open to trade associations as non-voting members, as well as ensuring a balanced representation of asset class knowledge and geographical
ICAP Capital Markets, now known as Intercapital Capital Markets, is to pay a USD50 million penalty to settle US CFTC charges that, through certain of its brokers, it aided and abetted numerous attempts by several of its bank clients to manipulate the ISDAFIX benchmark, a leading global benchmark referenced in a range of interest rate products.
A CFTC Order finds that over more than five years, beginning in at least January 2007 and continuing through December 2012 (the Relevant Period), ICAP’s swaps brokers were regularly enlisted by traders at bank clients to assist in attempting to manipulate the US Dollar
Outflows from the hedge fund industry slowed substantially in July amid mixed signals on trade and the global economy, according to the Barclay Fund Flow Indicator. Hedge fund industry assets rose to an all-time high of USD3.1 trillion in July.
Data drawn from more than 5,000 hedge funds in the BarclayHedge database estimated that the hedge fund industry (excluding CTAs) gave up USD1.0 billion (-0.03 per cent of assets) in July, slowing nearly nine-fold from redemptions of USD8.9 billion (-0.3 per cent of assets) the month before. The back-to-back outflows underscore uncertainties about trade, corporate earnings and global commodities prices,
Outsourced trading solutions firm Tourmaline Partners has added an “execution dashboard” to its client website to provide its buy-side clients with greater transparency into their total broker research spend.
Now, in addition to providing comprehensive trade detail and aggregated CSA (commission sharing arrangement) administration, Tourmaline tracks and reports each client’s total broker spend, combining all broker CSA payments and attributed trading. (‘Attributed trading’, or ‘attribution’, arises when clients ask Tourmaline to trade with specific brokers as payment for research services. This is most common with clients outside the MiFID II regime.)
“Investment Managers continue to reduce broker lists
