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Gresham House, a specialist alternatives asset manager, has appointed Heather Fleming to the newly created role of Head of Institutional Business.
Fleming has over 20 years’ experience in the institutional arena, largely focussed on working with pension funds. She spent over seven years at Fidelity International, latterly as the Group’s Head of Institutional Distribution for UK & Ireland. Prior to this, she spent eight years at Capital International where she was responsible for client relationships in the UK, Denmark, and Iceland. Fleming’s career has also included roles at Danish investment manager, BankInvest, and NatWest Investment Management/Gartmore.
Fleming has an in-depth understanding of institutional investor requirements and boasts a strong network of pension funds, including local authority and corporate schemes, and global investment consultants.
At Gresham House,
Columbia Threadneedle Investments has appointed Roman Gaiser to the role of Head of Portfolio Management, High Yield, EMEA. Based in London, Gaiser will report to Barrie Whitman, Head of High Yield, EMEA.
Subject to regulatory approval, Gaiser (pictured), will manage a number of European High Yield portfolios, including the Threadneedle European High Yield Bond Fund.
Gaiser was previously Head of High Yield at Pictet Asset Management from 2011 where he built and led the high yield team, managing several European high yield funds including a short duration strategy. Prior to this he worked for Columbia Threadneedle (as Threadneedle Asset
Cryptocurrency initial coin offerings (ICOs) will become a significant fundraising route for companies seeking growth capital in the next five years, coming to represent over 10 per cent of all capital raised in the UK, according to results of a new survey by the law firm Collyer Bristow.
Over half (57 per cent) of respondents, comprising investment managers, fintech entrepreneurs and business owners, believe that start-ups will turn to ICOs in increasing numbers as they look for alternatives to more traditional capital raising methods like private equity and venture capital.
They anticipate that at least 10 per cent of
Research Affiliates has appointed London Business School Professor Alex Edmans, PhD, as an advisor. In this role, Edmans will support research initiatives around social responsibility and governance.
With research that cuts across executive compensation, governance, behavioural finance, corporate social responsibility, and investment strategies, Edmans’ work has been published in the American Economic Review, Journal of Finance, Journal of Financial Economics, Review of Financial Studies, and Journal of Economic Literature.
“I am delighted to join Research Affiliates and have the opportunity to contribute to its mission of bringing transformative insights and products to investors. While I hope to work on
INGOT Coin has formed a Joint Venture Partnership with GMEX Group (GMEX), a provider of exchange and post-trade solutions to develop INGOT Coin’s blockchain-based all-inclusive ecosystem.
GMEX will provide Fusion, its hybrid centralised blockchain-based global exchange trading, market surveillance, post trade infrastructure and digital banking solution and work with INGOT Coin to develop an ecosystem in multiple asset classes including equities, debt, FX, derivatives, commodities, cryptocurrencies and digital assets.
The full Ecosystem includes a mixture of centralised and blockchain-enabled integrated services including digital wallet storage and real-time settlement management to facilitate secure custody of crypto assets. It will also
AlphaCentric’s Income Opportunities Fund (IOFIX) has been awarded a five-star rating by Morningstar. The Fund celebrated its three-year anniversary on 05/28/2018, and generated a 12.34 per cent return rate for the three-year period ending 31 May 2018.
This five-star rating is a reflection of IOFIX’s risk-adjusted performance for the period ending 31 May 2018, out of 258 funds in the Multisector Bond category. For three consecutive years, IOFIX has generated returns that significantly outperformed its Morningstar category. Additionally, IOFIX ranked at the top of its Morningstar category (as of 31 May 2018) with annualised returns double that of the next
Lendingblock, an institutional platform for collateralised crypto-currency lending, has partnered with digital asset brokerage firm Octagon Strategy Limited.
As part of the partnership, Octagon Strategy will join the Lendingblock Institutional Advisory Group to trial and launch the Lendingblock platform’s real-time exchange for fully collateralised, cross-chain borrowing and lending of cryptocurrency assets.
“I’m delighted to announce that we have the support of one of the largest cryptocurrency brokerage firms in the world,” says Steve Swain (pictured), CEO of Lendingblock. “Octagon Strategy has established itself as the go-to institutional brokerage for the cryptocurrency market, and brings extensive industry expertise and unique
Energy hedge funds soared in May to the best monthly gain since April 2016, leading the performance of the broad-based HFRI Fund Weighted Composite Index, with strong complementary contributions from Healthcare, Energy Infrastructure, and Technology exposures.
The HFRI EH: Energy/Basic Materials Index surged 6.3 per cent in May, leading all indices in the month and bringing the YTD gain to 8.7 per cent, according to data released today by HFR.
The HFRI Fund Weighted Composite Index® (FWC) was up 1.0 per cent in May, the strongest month since January and bringing YTD performance to 1.4 per cent through May.
Seventy one per cent of buy-side heads of trading and FX regard automation as their biggest priority, followed by 49 per cent who cite finding alternative methods to source liquidity as their prime concern.
That’s according to the finding of a poll carried out by WBR ahead of the TradeTech FC event in Barcelona, which also reveals that 2 per cent of respondents have automated more than 76 per cent of their trading flow, while a majority of 59 per cent have automated between 26 per cent-50 per cent of FX trading flow.
The study also finds that better
Thalēs has appointed Peter Hutchison as Managing Director of Institutional Sales and Relationship Management.
Hutchison joins Thalēs from NEX Group where he spent the last five years in various senior roles, most recently leading the Global Sales of the Futures Matching and Allocation platform to Asset Managers and FCMs. Before joining NEX Group, Hutchison was Head of Futures Clearing Sales and e-Commerce for RBS Securities Inc.
Hutchison has a proven track record in originating new business to buy and sell side customers, as well as expanding and managing these relationships. He will focus on delivering the Thalēs success story