Latest News
By Eze Castle Integration – Operational due diligence has become a hot topic that continues to gain importance and attention throughout the alternative investment industry. Over the past few years, as regulations have evolved and investors increasingly seek transparency, financial firms are spending more time than ever preparing for the due diligence process.
It is no surprise that the investment industry landscape is becoming more and more competitive. As this trend continues, investors are raising their expectations and looking towards firms that display the highest levels in operational excellence. One important way to ensure your firm meets these high standards
By Eze Castle Integration – Investment risk plays an important role in the life of a hedge fund manager, but technology risk should not. When it comes to your firm’s technology systems and operations, you want things to run efficiently, not add more stress to your already crowded plate.
Mitigating technology risk is a critical step to ensuring your hedge fund operates smoothly and successfully. Following are a few areas to keep in mind as you evaluate your firm’s technology risk:
Layers of redundancy
One way to reduce your firm’s technology risk is to add layers of redundancy throughout your
State Street has acquired BestX, a global market-leading provider of Transaction Cost Analytics (TCA) to support ‘Best Execution’ in OTC markets founded in 2016 by Aman Thind, Pete Eggleston and Oliver Jerome.
BestX’s industry leading technology provides state-of-the-art pre-trade and post-trade analytics, which enable clients to define, achieve and record the process of Best Execution in their FX trading, resulting in significant quantifiable cost savings and regulatory reporting benefits.
BestX has grown rapidly in the three years since inception, with its SaaS technology now used by many of the world’s largest asset managers, hedge funds, banks and sovereign wealth
Hong-Kong-based ICBC Asset Management (Global) (ICBC AMG) will implement a range of Linedata’s asset management software solutions to power its growing global fund business.
Linedata’s multi-asset portfolio management solution, combining Linedata Global Hedge and Linedata Mshare, is a core offering of its modular asset management platform focused on scalability, ease of use and operational efficiency. It delivers a range of advances in automation, broad data-capture capabilities, and an intuitive user interface. ICBC AMG is replacing internal systems and adopting Linedata’s solutions and robust reporting to manage custodian interfaces, as well as increased client asset and trade flow across multiple fund
Matt Cyzer will step down as Chairman of BTIG Limited, the European affiliate of BTIG LLC.
Cyzer (pictured), was appointed to the leadership role at the London-based broker-dealer in April 2012. Prior to his current role, he served as President of the Pan-European business, and a key member of the firm’s Operating Committee.
“We want to thank Matt for his years of leadership in London, guiding the growth of our European operations and strengthening our team and capabilities in the region,” says Scott Kovalik, Co-Founder and Chief Executive Officer of BTIG. “We will continue to be grateful for his
Axiom Alternative Investments has appointed Laurent Henrio as Portfolio Manager and Antonio Roman as Research Analyst, to support the development and diversification of the firm’s growing London office and fund range.
Henrio, who brings 16 years of experience in credit trading to the role, joins Axiom from Société Générale, which he joined in 2011 as an Exotic Credit and CDS Trader before being named Global Head of Credit Trading activities in early 2017. He began his career in 2002 at Icmos Pangea Global Hedge Fund as a quantitative analyst in the Emerging Credit Trading Department, before moving to JPMorgan Chase
Bloomberg has launched Enterprise Access Point, an online Open Data and Linked Data Platform that provides normalised reference, pricing, regulatory and historical datasets for Bloomberg Data License clients.
Available through the new website, clients can now browse quality data online, examine the metadata, trial sample datasets prior to acquisition, and immediately put them to use within their organisation, executives announced at the Bloomberg Enterprise Tech and Data Summit.
Bloomberg says Enterprise Access Point creates a ‘seamless online experience for financial organisations looking to leverage data for critical business decisions’. Data License clients can directly program against Bloomberg’s comprehensive historical
Itiviti, a provider of multi-asset trading technology and financial infrastructure, has partnered with Brazilian risk management provider LOTE45 to provide asset managers with a new execution platform, with full regulatory framework verification.
The platform combines Itiviti’s NYFIX independent trading hub with LOTE45’s Asset Portfolio Manager (APM) and Compliance Portfolio Manager (CPM), which allows robust regulatory framework checks before executing trades that comply with CVM555, BACEN 4661, CMN 4444, 1585, Managerial Funds Regulations and managerial set ups. The order flow will leverage Itiviti’s NYFIX trading hub to reach capital markets and brokers worldwide, while post-execution, the APM system will calculate the
Crayhill Capital Management LP, an alternative asset management firm that specialises in private credit investments, has appointed Stefan Hoefer as Managing Director.
Hoefer will be a senior member of Crayhill’s investment team. His responsibilities will include helping to source, underwrite, structure, execute and manage private credit investments.
“We are gaining immediate traction by bringing on Stefan, who we have worked closely with in the past. His special situations, restructuring and fundamental credit investment skills are exceptional and will help to better position the firm as we head further into the credit cycle,” says Carlos Mendez, Co-Founder and Managing Partner at
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.71 per cent gain in August. Year to date, the Index has lost 1.43 per cent.
“Downtrends in agricultural markets, precious metals, and emerging market currencies provided a helpful tailwind for the 70 per cent of futures funds that reported a profit in August,” says Sol Waksman, founder and president of BarclayHedge.
Five of Barclay’s managed futures indices had gains in August, while four had losses:
The MPI Barclay Elite Systematic Traders Index enjoyed a 2.81 per cent gain in August. Diversified Traders were up
