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Institutional investors are still looking for a way out of the interest rate trap while seeking to protect their allocation from market fluctuations and are increasingly opting for hedge funds when making investment decisions.
According to hedge fund database provider Eurekahedge, assets under management in the hedge fund industry have reached an all-time high of USD3.4 trillion. In 2017, USD31.7 billion was paid into UCITS and offshore funds globally, and in the first half of the current year this figure grew by a further USD5 billion net.
Marcus Storr, Head of Hedge Funds at FERI, says: “Many pension
SBI Japannext, a proprietary trading system in Japan, has selected Orolia’s SecureSync time and frequency reference system along with STL satellite signal backup service to help protect sensitive financial trading and service systems.
SecureSync combines Orolia’s precision master clock technology and secure, network-centric approach with a modular hardware design to deliver a powerful time and frequency reference system at the lowest cost of ownership. It provides extremely accurate network time synchronisation through multiple references, tamper-proof management and extensive logging capability.
Satellite Time and Location Service (STL) provides an alternate satellite signal source from the Iridium constellation to provide backup
Companies are increasingly incorporating corporate event data into their trading strategies in order to mitigate monetary losses and react more quickly to market volatility, according to Wall Street Horizon’s latest Corporate Event Research Survey.
The survey, which polled more than 100 institutional market participants, nearly half of whom were quantitative or discretionary fund managers, found that more than one-third of participants have lost money as a result of either bad or unknown corporate event data, with nearly 40 per cent of those having reported a loss of more than USD10,000. This data is aligned with last year’s survey reinforcing that
Prescient Fund Services (Ireland) Limited, an independent provider of Management Company, UCITS and AIFMD Platform and Fund Administration services, has appointed Emily Davy as Head of Legal and Compliance in Dublin.
The appointment follows a period of strong growth in new business and continued demand by UK and global asset managers for Prescient’s utsourcing solutions for Irish and other EU regulated traditional and alternative investment funds.
Davy joins from Walkers Global where she was an Of Counsel in the Investment Funds Group. She previously spent a number of years in the Investment Funds Department at Matheson, another Irish law
Alternative asset manager Tages Capital (Tages) has launched the Tages Paladin Fund,which it says incorporates an ‘innovative tail risk hedging strategy’.
Tages says the fund is designed to provide investors with protection from a broad range of adverse market conditions globally without the typical burden of negative carry associated with such strategies in upward trending markets.
The Dublin domiciled UCITS fund launched with nearly USD20 million of institutional capital on 31 July 2018. Unlike most tail risk funds, Paladin is not based on a put option strategy but is comprised of a combination of systematic long volatility and convexity,
DWS is strengthening its multi-asset team with the appointment of Hartwig Kos, who is joining DWS based in Frankfurt.
Currently Co-Head of Multi Asset & Vice CIO at SYZ Asset Management in London, Kos (pictured), is a highly regarded industry expert who has deep international experience as a multi-asset portfolio manager.
Prior to joining SYZ, Kos held various positions at Baring Asset Management, most recently as Investment Director of Global Multi Asset Group. At DWS he will lead the Multi Asset Allocation team. He will report directly to Christian Hille, Global Head of Multi Asset & Solutions.
Stefan
Archax has chosen Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, to supply the trading technology for its new institutional-grade crypto and security token exchange, which is due to launch in the first half of 2019.
Archax will take Aquis’ complete suite of exchange operations services and tools including the market-leading Aquis Matching Engine (AME), its state-of-the-art Aquis Market Surveillance (AMS), as well as operations systems and assistance in the post trade environment.
Aquis Exchange is listed on the London Stock Exchange’s AIM and is authorised and regulated by the UK Financial Conduct Authority to
Hazeltree, a provider of integrated buy-side treasury management solutions, has appointed Askin Leung to lead its expansion in the Asia Pacific region as Managing Director and Head of Hazeltree Asia Pacific.
Leung will be based in the firm’s Hong Kong office. He will be responsible for managing Hazeltree’s business in the region. Hazeltree plans to expand this office and significantly increase staffing over the next year.
Leung brings an understanding of client needs along with extensive management experience, which will help Hazeltree meet the increased demand for its treasury management solutions.
His top priority is ensuring the delivery
East Capital has launched a UCITS version of its successful China A-Shares strategy, providing investors with easier access to investment opportunities on the Chinese onshore equity markets.
The strategy, which aims to deliver long-term capital appreciation by investing in high-quality companies across China and which incorporates ESG considerations within its investment and stock selection process, will be benchmarked against the MSCI China A Index.
Peter Elam Håkansson, Chairman and CIO of East Capital, says: “East Capital has had an on-the-ground presence in Asia since 2010, giving us a superior level of expertise into investment opportunities in China and its
FlexTrade has launched a new back-testing framework designed to gauge and adjust the performance of past trading strategies for real-time use in trading equities, FX and futures.
“Just because a trading strategy worked successfully in the past, doesn’t mean it will show the same results in the present,” says Vijay Kedia (pictured), President and CEO of FlexTrade. “There are countless variables – old and new – that could impact performance in unanticipated ways. That’s why using an advanced back-testing framework can make all the difference in running a winning strategy.”
Available via the FlexTRADER EMS and FlexTrade’s order management
