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European infrastructure is an exciting space today for investors. Mega trends, such as digitalisation, decarbonisation, and changing city demographics (in terms of transportation and mobility) are pushing countries to re-think their infrastructure systems and re-engineer them to cope with 21st century living.
Within the energy space alone, this means reducing reliance on coal fired power stations, decommissioning nuclear power stations, and a continued commitment to investing in renewable energy sources. According to the International Energy Agency’s World Energy Outlook 2017, the proportion of total global electricity generated by renewables will increase from 24 per cent in 2016 to 40 per cent
Jupiter has launched Jupiter Merlin Real Return, a UK domiciled unit trust managed by Jupiter’s Independent Funds team.
The fund, a UK-domiciled NURS version of the Jupiter Merlin Real Return Portfolio (SICAV), is an actively managed multi-manager portfolio that aims to deliver a return of 3 per cent net of fees above the Consumer Price Index over three-year rolling periods.
The team will manage the new portfolio with the same philosophy at the heart of the existing Jupiter Merlin range: to invest in the right people, in the right quantity, at the right time. The fund will be heavily
FlexTrade has integrated the SmartStream Reference Data Utility (RDU) with the FlexTRADER EMS (execution management system).
The integration offers mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket, providing much needed clarity on counterparty SI status, prior to key 2018 MiFID II milestone dates.
The SI Registry fills a gap in the MiFID II reporting regime, which requires that industry participants identify whether trading counterparties are SIs for the financial instrument that they are trading, so that they can determine which counterparty must report the trade. However, no mechanism
Technology-focused brokerage ThinkMarkets, a specialist in Forex, CFDs and cryptocurrency derivatives trading, is extending its GBP1 million insurance cover to include elective professional traders.
Regulated by the UK’s financial watchdog, the FCA, since 2015, and under the supervision of ASIC in Australia, ThinkMarkets has been offering above-industry standard security of funds to retail traders through an exclusive GBP1 million insurance scheme since 2015. This additional insurance offers traders financial security on top of the GBP50,000 compensation provided by the Financial Services Compensation Scheme (FSCS), which is a last resort for traders of FCA regulated brokers in case the broker becomes
Hedge funds posted mixed performance in June as trade tensions increased around fluid tariff negotiations and proposals, while the US Federal Reserve increased interest rates and M&A activity remained strong.
The HFRI Fund Weighted Composite Index (FWC) declined -0.46 per cent for the month, as gains in Event-Driven strategies were offset by declines in Equity Hedge, Relative Value and Macro strategies, according to data released today by HFR, the established global industry leader in the indexation, analysis and research of the global hedge fund industry. The June decline for the HFRI FWC pares its H1 2018 gain to 0.8 per
Libra, the premier provider of middle and back office technology and data services for the crypto asset ecosystem, has launched with Trident Trust and Theorem Fund Services now live on the Libra Crypto Office platform.
Apex Fund Services, North Street Global, and Stonegate Global Fund Services are in the process of on-boarding their initial hedge fund clients. Additionally, another ten fund administrators are currently in the contracting process.
Libra is also providing fund administrator customers with the information required to support the striking of daily net asset values (NAV). IronChain Investment Trust I and IronChain MiX10 Partners LP, crypto
The Taiwan Futures Exchange (TAIFEX) has launched its first energy futures contract – Brent Crude Oil Futures. Based on the world’s leading oil benchmark, ICE Brent Index, TAIFEX’s new product is cash settled, Taiwan Dollars (TWD) denominated, and features small-sized contracts, which lower the barrier of entry for investors seeking to mitigate risks in the international oil markets.
The listing was marked by a launching ceremony attended by guests from its international partner – ICE Futures, as well as representatives from regulators and the futures industry.
Dr Len-Yu Liu, Chairman of TAIFEX, says: “We are extremely pleased to work
Hedge funds continued to navigate current turbulences last week with reduced direct or indirect exposures, according to the latest Weekly Brief from Lyxor’s Cross Asset team.
Lyxor says that the most decorrelating strategies continued to lead amid heightened uncertainties. CTAs benefited from their short US vs long EU bond positions, from their long dollar bets, and from their long energy. Merger Arbitrage did well as a result of tighter deal spreads and moderating deal volatility.
Other strategies were about flat this week.
Lyxor writes: “The risk premium for trade substantially strengthened ahead of the implementation of the first
Sealark has chosen portfolio management technology specialist Truss Edge to support its day to day data and portfolio activities of its new commodities fund.
The new London-based fund has been set up by former Millennium Management trader Andrew Dodson. Truss Edge will be supporting Sealark with full front to back trade processing and data management services.
Truss Edge is the new brand name for EDD Fund Services, a technology company that was originally spun out of a macro hedge fund firm in the US and has been supporting hedge funds and ETFs since 1998.
“We set out to
Link Asset Services, part of Link Group (ASK:LNK), a provider of technology-enabled administration solutions, has gone live with the Transfer Agency bank reconciliation module for its fund solutions business in Ireland.
Fund Recs Transfer Agency Bank Rec module, part of the Velocity platform, ensures all transactions flowing through TA collection accounts are accurately linked to approved fund dealing. This ensures a robust process is in place and allows full visibility of the reconciliation process.
To achieve STP, Fund Recs has established interfaces to ingest bank data from banking partners and transaction data from Link’s transfer agency system, ManTra from
