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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
Investment manager Neuberger Berman has appointed Alberto Salato to the newly created role of Head of Southern Europe, effective immediately.
Based in Milan, Salato (pictured), will oversee client coverage across Iberia and Italy, reporting to Dik van Lomwel, Head of EMEA and LatAm.
Salato joins from Blackrock Investment Management, where he was Managing Director and Head of Institutional for the Italian business for over a decade. Prior to that, he was with Franklin Templeton Investments, having begun his career with JP Morgan Private Banking in Milan.
Dik van Lomwel, Head of EMEA and LatAm, says: “Italy, Spain and
Emerging hedge fund managers aren’t yielding to fee pressure, but could raise capital faster by adopting innovative fee structures and investing more in marketing, according to new research from alternative prime broker GPP and the Alternative Investment Management Association (AIMA).
‘Making it Big’, the second edition of the emerging manager research report from GPP and AIMA, found the emerging hedge fund industry is robust and healthy, with the amount at which firms can break-even static at USD85 million of AUM (USD86 million in 2017). But despite 94 per cent of sub-USD100 million managers currently raising capital, more than a quarter
By Don Steinbrugge, Agecroft Partners – With rising interest rates and fairly tight credits spreads, are there still opportunities with fixed income oriented hedge fund strategies?
Agecroft Partners recently spoke with five leading hedge fund industry experts who will be presenting on the “Opportunities in Fixed Income Oriented Hedge Fund Strategies” panel in early November at Gaining the Edge – 2018 Hedge Fund Leadership Conference in NY.
Brian Walsh of Titan Advisors mentioned that he has been focused for a while on how the structure of markets and liquidity has changed over the past decade. He provided a very
Alger Management has appointed Robert Gourlay as Senior Vice President and Director of International Sales.
Gourlay, who will be based in London, will be responsible for strengthening and developing Alger’s relationships with private bank, multimanager, and institutional investors outside the US. He joins Alger with more than 20 years of experience in institutional sales, previously serving four years at Advent Capital as a Managing Director and Head of Business Development EMEA, where he focused on a European client base. He also dedicated 10 years in sales to RWC Partners, building a network of clients and raising assets for vehicles in
