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Quant Insight (Qi), a macro analytics firm that applies quantitative techniques to financial markets, has completed its latest funding round, which includes key investments from Alan Howard (Brevan Howard Asset Management) and Jens-Peter Stein (Stone Milliner Asset Management).
Over 80 per cent of capital raised came from Qi’s clients in a successful financing round that exceeded the company’s expectations.
Following increasing global demand for Quant Insight’s AI and machine learning driven macro analytics, the firm has seen a 50 per cent increase in the number of subscribing clients in 2018. As a result, Quant Insight has expanded globally, adding
ReSolve Asset Management has acquired Acorn Global Investments, an alternative investment manager specialising in managed futures and macro strategies.
Acorn has approximately USD210 million in assets under management and has had a long-standing and close relationship with ReSolve.
“We have worked closely with Acorn for many years. Their strong combination of investment research, execution and operational capabilities have laid the foundation for our next phase of growth,” says Adam Butler (pictured), CEO of ReSolve. “The Acorn team’s long history of significant experience in crisis alpha-oriented managed futures programs empowers an important extension of ReSolve’s strategy lineup.”
“This amalgamation simply
Sixty-four per cent of respondents to a new State Street survey are planning to launch cross-border products in the next five years. During the same timeframe, cross-border fund domiciles are also envisioned to experience accelerated growth.
Just over two thirds (62 per cent) of the 250 asset managers that responded to the survey plan to domicile their funds in Luxembourg, a 16-per cent rise from today; 55 per cent in Ireland, a 13-per cent increase from today; and 25 per cent in the Cayman Islands, a six-per cent increase from today. All three domiciles are among the top five most
Saxo has introduced a new pricing structure which will see new clients save up to 40 per cent on key products compared to the nearest competitor, as well as benefiting from Saxo’s unique multi asset trading range and service.
Saxo Capital Markets UK Ltd. (Saxo), the UK subsidiary of Saxo Bank A/S, the leading fintech specialist focused on multi-asset trading and investing, today announces that it has launched a highly competitive pricing structure for new UK clients. The new structure will place Saxo firmly as one of the most competitive brokers in the market for a range of products.
March this year saw Robert Mirsky, then Global Head of Hedge Funds at KPMG, become Global Head of Asset Management and UK Managing Partner at EisnerAmper.
Mirsky was also charged with opening EisnerAmper’s first UK office and now presides over a small but fast-growing team. The firm is better known in the US, where it is the fifth largest financial services practice, and offers a full suite of accountancy, audit, tax advisory and business advisory services to clients operating in a wide spectrum of business sectors and industries.
Staff globally total 1,500, including 180 partners and principals. The Financial Services
CheBanca! has teamed up with RAM Active Investments (RAM) to offer systematic strategies on its investment platform.
RAM will make its know-how available to the client base of CheBanca! through 11 funds encompassing systematic equity long-only, liquid alternative strategies and discretional fixed-income strategies.
“We continue to grow in the asset management industry, catching the new opportunities that systematic investments are opening on the market,” says Alessandro D’Agata, general director of CheBanca!. “Thanks to the collaboration with Mediobanca SGR, we work in a guided open architecture scheme, which enables us to build and manage efficient portfolios relative to different risk/reward
Excelian Luxoft Financial Services, the financial services division of Luxoft Holding, has appointed Thierry Noufele has joined as Director Head of Vendor Solutions for Excelian Luxoft in the United States and Latin America.
Noufele brings over 25 years of experience within the capital markets technology industry to Excelian Luxoft. Thierry began his career as a Software Engineer at BNP Paribas and joined Murex, one of the largest trading, risk management and processing solutions for capital markets, in 1992. At Murex, he held several Executive positions in Software Development in Paris and Account Management & Business Development across North and Latin
The total automation rate of processed orders of cross-border funds reached 88 per cent in the last quarter of 2017, which represents an increase of 1.3 percentage points (p.p.) compared to the fourth quarter of 2016.
That’s according to a new report on the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in 2017 by the European Fund and Asset Management Association (EFAMA), in collaboration with SWIFT.
The total volume of orders processed by the 29 TAs from Ireland and Luxembourg who participated in
The Commodity Futures Trading Commission (CFTC) has appointed Matthew A Daigler as a Senior Counsel to Chairman J Christopher Giancarlo. Daigler will advise the Chairman on Commission matters, including the Chairman’s Swaps Regulation Version 2.0 agenda.
“I’m pleased that Matt has joined my team,” says Giancarlo (pictured). “He comes with a wealth of experience and knowledge of our work at the Commission and my vision for swaps reform. Matt has done extensive work in so many areas that are important to our mission, including Title VII of the Dodd-Frank Act, and has deep experience in cross-border issues.”
Prior to
Cboe Global Markets is planning to establish a new venue in Amsterdam to ensure the company is well-positioned to continue to serve its customers across Europe from April 2019, after the UK’s planned exit from the European Union (EU).
Cboe Europe has filed its application with the Dutch Authority for the Financial Markets (AFM) to establish a MiFID II compliant equities trading venue and Approved Publication Arrangement (APA) in the Netherlands to continue to service its EU customer base. The choice of the Netherlands comes after thoughtful and careful consideration of a number of locations that have strong international financial
