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Man FRM, Man Group’s alternative investment specialist, has appointed Samantha Rosenstock as Sector Head of Relative Value and Private Markets. She will be based in New York and report to Jens Foehrenbach (pictured), Chief Investment Officer at Man FRM.
Rosenstock has 20 years of experience in the alternative asset management industry, and prior to joining Man FRM was Head of Alternative Investment at the State of New Jersey. In her role at the public pension fund, she helped manage a portfolio of global hedge funds, private equity, private credit, real estate and real asset investments. Prior to this, Rosenstock was
London Stock Exchange Group (LSEG) has taken a minority stake in AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral management worldwide.
Along with this investment, AcadiaSoft has signed a preliminary agreement that will enable further collaboration with LCH SwapAgent on the development of new products to automate and standardise the margin process for non-cleared derivatives. AcadiaSoft and LCH SwapAgent will work together to provide global derivatives market participants with a seamless operational process for margin calculation.
“This investment by London Stock Exchange Group is a significant building block to a fully automated post-trade process for
Maitland, a global advisory and fund administration firm, has appointed Tim Oddy as Senior Relationship Manager for its UK and EU funds business.
The hire has been made following a sustained period of organic growth, together with a number of significant new client implementations over the last eighteen months. Oddy will be responsible for the relationship management of Maitland’s largest fund services clients, as well as helping to raise awareness of the Maitland brand across the market. Based in London, he will report to Patric Foley-Brickley, Head of Business Development & Client Management – Europe.
Oddy joins from Ballybunion
Introduction
In 2017, multi-asset funds recorded the greatest net inflows of any top-level strategy, delivered returns of more than 10 per cent and grew their assets by 14 per cent.
Still, handling multi-asset portfolios is far from easy. They present a number of operational complexities for asset managers and fund administrators – not least when it comes to data management. Some 41 per cent of fund managers and 29 per cent of fund administrators do not believe they are effective at visualising and simplifying complex data.
To share some insights on the inner workings of multi-asset investing and why technology
A new entrant into the fintech space is focusing on how financial institutions collect and distribute the massive amounts of data they must process every day, with the aim of helping them achieve equally substantial savings in time, money and people resources that can be reallocated into actually building and innovating their businesses.
FyleHub is a data aggregation and distribution platform that eliminates the creation, monitoring and maintenance of complex and highly inefficient data transformation and batch processes that so many financial institutions are burdened by. Using a secure, compliant, and cloud-based solution, FyleHub enables the onboarding timeline for new data
BNY Mellon is now live with foreign exchange options, enabling clients to better hedge currency exposure and express their views on the future direction of FX markets.
BNY Mellon clients now have access to a full-service currency trading desk, offering spot, forwards, non-deliverable forwards as well as options. This offering complements an existing suite of broader FX services including FX custody, payments and hedging.
Options represent the next step as BNY Mellon builds out a comprehensive currency solutions platform following January’s announcement that the firm plans to launch an FX prime brokerage service.
The options business is being
CRYPTALGO, an institutional crypto-trading and brokerage firm, has appointed Ed Mount, the Co-Founder of Elysium Technology Group, and crypto expert Jon Matonis to its Advisory Board.
Ed Mount joins as Chief Adviser, Trading Technologies. Prior to launching Elysium Technology Group, Ed was Managing Director and Global Head of Electronic FX Trading at Nomura and Royal Bank of Scotland. He specialises in automated database technologies, including distributed ledgers/blockchain and their application to foreign exchange, futures and cryptocurrency trading, risk management and workflow processing.
Jon Matonis is Former Executive-Director and Co-Founder of the Bitcoin Foundation and served as Special Adviser on
Pacific Alternative Asset Management Company (PAAMCO) has launched PAAMCO Launchpad, a co-investment platform for seeding and supporting emerging hedge funds. Employees Retirement System of Texas (ERS) is the inaugural PAAMCO Launchpad partner.
ERS and PAAMCO believe the PAAMCO Launchpad platform will prove to be a compelling solution to help burgeoning managers with high-growth potential establish institutional-calibre firms. The ERS/PAAMCO Launchpad partnership builds on the long experience that both ERS and PAAMCO have in hedge fund investing, particularly with early-stage managers.
By combining their vast resources, experience and investment capital, ERS and PAAMCO believe they can provide a meaningful opportunity to
With Brexit due to be finalised in the next nine months, picking the right EU jurisdiction has become a key strategic consideration, both for established hedge fund managers and start-up managers, who need a “Plan B” to ensure continued use of passporting rights to distribute their funds to EU investors.
This is likely to prove beneficial to EU fund jurisdictions such as Malta, which continues to experience growth of its funds industry, not just on the fund licensing side but, increasingly, the number of AIFMs being set up on the island. As the following report will detail, managers need to
Chune Loong Lum has rejoined Ropes & Gray’s private investment funds practice as counsel in Hong Kong.
Lum (pictured), represents Asia- and China-focused fund sponsors in the formation, structuring and operation of private equity funds, as well as sovereign investors and institutional investors in their fund commitments and transactions.
A fluent Mandarin speaker, his extensive experience includes counselling fund sponsors, investment advisors and asset managers in the structure, launch, capitalisation and ongoing operations of private investment funds, including buyout funds, venture capital funds, joint venture funds, credit funds, evergreen funds and auxiliary funds. Lum also has significant experience in
