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BlueMountain Capital Management (BlueMountain), a private, diversified alternative asset management firm, has appointed Nitin Dewan as Portfolio Manager, Primary Strategies in the firm’s equities team.
In the newly-created position, Dewan (pictured), will report to Lance Rosen, who joined BlueMountain as Head of Equities last year.
Dewan will be responsible for identifying both core and tactical long-short opportunities presented by the systematic mis-pricing of equities around capital market events such as IPOs and Follow-ons.
“The growth of our discretionary equities strategy further advances our plans to enhance our historic strengths, to adapt quickly to changing markets and to build new investment
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has appointed Peggy Sullivan (pictured), who has served as a consultant to the Company since October 2017, as Chief of Staff.
Based out of Vela’s headquarters in New York and reporting to CEO Jennifer Nayar, Sullivan’s key responsibilities include establishing strong strategic partnerships, advising on market structure challenges and developments, building trusted relationships with key accounts, identifying opportunities to improve service delivery, and collaborating with the wider executive team on strategy and product innovation while also representing Vela across a number of industry groups and
Cappitech, a provider of regulatory reporting and intelligence technology for the financial services industry, has expanded its integrated reporting solution to CME Group’s Australian Trade Repository (ATR).
This integration provides investment firms with automation technology to comply with ASIC Derivative Reporting requirements and extends Cappitech’s existing cooperation with the CME Group on its European Trade Repository (ETR) that supports EMIR reporting. Since 2016, over 500 million trades have been submitted to the ETR through Cappitech’s reporting platform.
This new integration with CME’s ATR provides ASIC regulated investment firms with the ability to leverage Cappitech’s source system integration, data transformation,
Neuberger Berman, a private, independent, employee-owned investment manager, has launched a UCITS strategy investing primarily in collateralised loan obligations (CLO) mezzanine debt securities.
Targeted at sophisticated investors, the Neuberger Berman CLO Income Fund launched with USD77 million of seed client investment. The Fund is managed by Pim van Schie (pictured), Joseph Lynch, and Stephen Casey, senior portfolio managers in Neuberger Berman’s USD43 billion non-investment grade and structured credit team.
The Fund aims to generate an attractive risk-adjusted return relative to comparably rated corporates with minimal duration by investing primarily in US dollar and euro-denominated floating rate CLO mezzanine debt
Brian R Hall, OBE, former Chairman of the Board of Oyster Consulting (Bermuda) Ltd, has become Chairman Emeritus.
Hall (pictured) has served as Chairman of the Board since the company’s inception. His son, B Robert (Rob) Hall, a Founding Principal and Managing Director of Oyster Consulting, will now take on the role of Chairman .
Virginia-based Oyster Consulting provides financial firms across the United States the sophisticated, expert support necessary to navigate today’s volatile economic environment, complex regulatory schemes, and evolving technologies. In 2012, Oyster Consulting launched a platform for its services in Bermuda through Oyster Consulting (Bermuda), formerly known as Inter-Ocean
Bitwise Index Services, a subsidiary of Bitwise Asset Management, creator of a cryptocurrency index fund, has launched three additional indexes covering the mid-cap, small-cap, and total-market segments of the cryptoasset market.
In addition, the company has renamed the HOLD 10 Index as the Bitwise 10 Large Cap Crypto Index.
The new additions to the Bitwise Crypto Index family are: the Bitwise 20 Mid Cap Crypto Index (BITW20); Bitwise 70 Small Cap Crypto Index (BITW70); and Bitwise 100 Total Market Crypto Index (BITW100).
To support the indexes, Bitwise has launched an index advisory board, featuring experts in institutional indexing and
Saxo Bank Group has reported a positive net profit of DKK150 million for the first six months of 2018.
In a period with low market volatility and the introduction of a new competitive pricing structure, operating income for the Group reached DKK 1.51 billion, a decrease of 0.3 per cent compared to the first half of 2017. Client collateral deposits continued to rise to DKK 110.4 billion representing an increase of 7 per cent compared to the end of 2017.
Saxo Bank Group continued to strengthen its capital position with the total capital ratio for the Group reaching
The Vienna Stock Exchange is now distributing the first crypto index calculated by the LIMEYARD joint venture in cooperation with Decentriq, a specialist in distributed ledger technology.
The central data feed of the Vienna Stock Exchange reaches around 250 data customers from 68 countries.
The LIMEYARD Crypto Asset Index (LYCAI), calculated in USD and Bitcoin, consists of the top 20 crypto assets and is distributed realtime by the Vienna Stock Exchange. The composition of the index is rebalanced on a monthly basis to ensure maximum agility. In addition, the crypto index provides investors with maximum transparency by using public information
Thomson Reuters is now offering clients access to in-depth content from Real Vision, a video-on-demand service for financial and business media.
The agreement will enable banks, brokerage houses, asset managers, hedge funds and other Thomson Reuters’ clients to purchase Real Vision subscriptions for employees, and for retail investment customers to gain insight and make more informed investment decisions.
Real Vision video content will be available on the Reuters Insider online platform, which delivers interviews, financial data and other information to subscribers. Reuters Insider is available through both Thomson Reuters’ flagship desktop product Eikon and its T1 terminal.
Real
TABB Group has added two capital markets industry veterans, George Bollenbacher as head of fixed income research, and Russell Rhoads, as head of derivatives research.
Bollenbacher, a long time industry expert and thought leader, has spent twenty years as a bond trader and ten years in the capital market technology business, assisting banks, asset managers and custodians in implementing process and technology changes. He is the author of “The Professional’s Guide to the US Government Securities Market” and “The New Business of Banking,” as well as many articles on the evolution of the financial markets, many for TabbFORUM. He earned
