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The Chartered Alternative Investment Analyst (CAIA) Association has added to its Board of Directors with the appointment of Anthony Cowell, Head of Asset Management for KPMG in the Cayman Islands.
“We could not be more pleased to be adding Tony to CAIA’s board,” says William J Kelly, CEO of CAIA. “My colleagues and I have come to know him through both his work with KPMG and in his role as a key leader in the Cayman Alternative Investment Summit. Tony is a tireless advocate for education and among the most knowledgeable people working in alternatives today.”
In addition to
Verady, a specialist in accounting and audit technology for cryptocurrency markets, has joined the Wall Street Blockchain Alliance (WSBA) as a corporate member.
WSBA is a non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology across global markets.
“We are truly excited to join with the WSBA, their leadership, and other members who are dedicated to advancing the state of Blockchain. Our partnership with the WSBA allows us to further our collaborative work on the advancement of audit, accounting, and asset verification required for the adoption of blockchain in the United States and
Liquidnet, the global institutional trading network, has appointed Cheryl Knopp as General Counsel.
Knopp previously served as Liquidnet’s Deputy General Counsel and Head of Liquidnet Capital Markets, and brings over 20 years of legal, financial services and technology experience to her role. Throughout her tenure at Liquidnet she has advised on corporate and securities matters, intellectual property and regulatory activity, and worked with the company’s Corporate Strategy team to identify new business opportunities.
“Cheryl has been a key contributor to Liquidnet’s success over the past 12 years and we’re looking forward to her future achievements as she steps into
Open architecture funds platform Allfunds Bank is to open a new Brazil headquarters in Sao Paolo, with the appointment of Jorge Sierra as the firm’s new Country Head.
Sierra will be responsible for heading up the Allfunds Sao Paolo office, reporting directly to Laura Gonzalez, Head of Iberia and Latin America. He was previously the Country Head in Brazil and also responsible for Global Accounts before being promoted to Head of Iberia and Latin America at the end of 2017.
Allfunds has been present in Brazil since 2016 and has extensive plans to continue to accelerate its growth in the
The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) have signed an arrangement to foster greater cooperation in FinTech.
The arrangement supports both authorities’ efforts to facilitate FinTech development and innovation in their respective markets. This arrangement is the CFTC’s second FinTech cooperation arrangement with a non-US authority, and its first with an authority in Asia.
The Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement) focuses on information sharing on FinTech market trends and developments. This includes sharing insights derived from each authority’s relevant FinTech sandbox, proofs of concept, and innovation competitions. The FinTech
In the hedge fund space in August, CTAs outperformed and delivered positive returns in the range of 2-3 per cent depending on the benchmark, according to Lyxor’s latest Hedge Fund Brief.
Their long exposures to bonds and equities were both rewarding. From a regional perspective, their cautious stance on European equities was supportive but short positions on US bonds detracted. Meanwhile, their long energy / short gold positions on commodities were a source of gains.
On a negative note, Global Macro and L/S Equity strategies underperformed. EM Macro funds got hammered by Turkey’s currency meltdown while others suffered on
European institutional allocators continue to invest in alternative investments in heavy numbers, according to the latest Context Allocator Trends Report produced by Context Capital Partners.
The latest study showed that 72 per cent of European investors are optimistic about the future of the alternative asset management industry, with more than half (60 per cent) planning to increase their net positions in alternative investments by the end of 2018. This mirrors survey results from Context Summits Miami 2018 earlier in the year, which showed 83 per cent of US-based allocators were optimistic about the industry and nearly 70 per cent planned
EPIC Insurance Brokers and Consultant has acquired the assets, employees and operations of Vanbridge, a specialty insurance intermediary, program management, and risk advisory services business.
Headquartered in New York, NY, Vanbridge provides products and services at the intersection of the insurance, private equity and hedge fund industries. Vanbridge focuses on alternative asset management, corporate and individual high net worth clients; solving risk related issues utilising insurance and alternative capital.
EPIC is already the 9th largest privately owned insurance broker in the nation, before the addition of Vanbridge, which adds an additional 45 team members to the firm. EPIC has built a
The introduction of new legislation in Jersey that enables the establishment of Limited Liability Companies (LLCs) has the potential to significantly enhance pan-Atlantic business with the US, according to Jersey Finance.
The Draft Limited Liability Companies (Jersey) Law was approved by Jersey’s government on 11 September, paving the way for limited liability companies (LLCs) to be established in Jersey.
Combining the flexibility and privacy of a partnership with the protective limited liability of a company, LLCs have become popular vehicles globally for a wide variety of uses, from SMEs and holding companies to fund structuring.
However, LLCs are
NEX Regulatory Reporting has launched a new solution for derivatives transaction and position reporting under ASIC’s (Australian Securities and Investments Commission) OTC derivatives trade reporting requirements.
The ASIC solution expands NEX Regulatory Reporting’s global reporting coverage and provides Australian firms and international companies trading in Australia, with a full end-to-end transaction reporting solution to both licensed trade repositories.
Clients using the solution will receive an evaluation of their ASIC transaction reporting requirements, including: product specific obligations, trading methodology and a data gap analysis and closure plan bespoke to each client. Once on-boarded, they will connect to the NEX Regulatory
