Latest News
Q&A with Omar Kodmani, CFA, a Senior Executive Officer and Global Head of International Business Development of EntrustPermal. Interview by Ole Rollag, Managing Principal of Murano.
Q. EnTrustPermal has been in the allocation business for a long time and at the forefront of alternative investing. How has the business evolved and are there any new challenges you are facing?
A. We have indeed been in the allocation business for a long time and as you know, EntrustPermal is the end product of two firms with a long and successful history in hedge fund investing; Permal with over 45 years, Entrust with
Vistra Fund Services (Guernsey) Limited has added to its team with the two new management appointments.
Gail Clark (pictured), joins Vistra as manager of the recently established corporate fiduciary team. Having worked in offshore finance for 28 years, she brings with her a wealth of experience.
Clark has knowledge and expertise in a diverse range of areas including fund administration, corporate fiduciary, private equity and client relationship management.
Vistra provides tailored trust, fiduciary, fund and corporate services to people all over the world. The business employs over 3,300 people, with over 50 of them based in Guernsey. The
Tages Capital, in partnership with California-based Dalton Investments, has launched the Tages Dalton Global Emerging Markets UCITS Fund, bringing the firm’s alternative UCITS range to five, and providing UCITS investors with another differentiated hedge fund strategy.
The Tages Dalton Fund offers investors access to Dalton’s extensive expertise in emerging markets within UCITS guidelines in a long/short format. The fund launched in mid-May and has already garnered nearly USD50 million of institutional capital.
Dalton Investments LLC is a value-focused investment management firm with expertise in Asia, emerging markets, equities and fixed income. Headquartered in Los Angeles, with a subsidiary office
ARQA Technologies is employing QuantHouse data and hosting services as it looks to develop new solutions for complex trading infrastructures in European markets.
SmartStream Technologies, a provider of financial Transaction Lifecycle Management (TLM) solutions, has launched the next phase of its innovations team – which is working with financial institutions to optimise workflows, using Artificial Intelligence (AI), Machine Learning (ML) and blockchain technologies, in the areas of reconciliations, cash management and fees and expense management.
The new innovations team has been recruited to help design new AI and ML techniques to drive down costs and improve work flow efficiencies, taking advantage of advanced data analytics to re-engineer traditional work models across back office processing. Highly skilled members of the team include mathematicians, applied
ETF data provider ETFGI reported today that assets invested in the global ETF/ETP industry extended their lead over assets invested in the global hedge fund industry to USD1.70 trillion at the end of Q1 2018, an increase of 4.91 per cent over the gap at the end of Q4 2017.
The firm reports there was a record USD4.92 trillion invested in 7,389 ETFs/ETPs listed globally at the end of March 201, against a record USD3.22 trillion invested in 8,379 hedge funds globally at the end of March 2018.
The firm says that 1.74 per cent growth in assets invested
The results of Linedata’s eighth global asset management survey reveal a shifting focus away from regulation, as companies prepare for a new wave of demands and opportunities afforded by disruptive technologies.
In recent years, adapting to new regulation was considered one of the main challenges for over half of respondents (51 per cent in 2017 and 52 per cent in 2016), but in the 2018 survey this has dropped to just over a third (37 per cent), with cutting costs (37 per cent), attracting new client assets (29 per cent), managing data (23 per cent) and managing risk (21 per
Taliance, a software and cloud provider for alternative asset managers, has launched The Lab, a series of apps designed to help clients work more efficiently.
The Lab is now available for free to current clients. Each app contains a fully downloadable model that allows companies to tackle a specific problem in the investment process and encourage innovation in investing.
At launch Taliance is releasing three apps, WALT, CURRENCIES and WATERFALL.
WALT (also known as WALE, WAULT or WALL) is used to calculate the risk of a property that is becoming vacant in a given year and is used
Hawksford has appointed a money laundering reporting officer (MLRO) with over 30 years’ experience in law enforcement and financial crime investigation as a member of the police force.
David Burmingham (pictured), will be responsible for ensuring Hawksford has a comprehensive and effective system to monitor and report on matters relating to anti money laundering (AML) and countering the financing of terrorism (CFT), including sanctions compliance, internal risk, regulation, legislation and controls.
Working in the Governance Risk and Compliance (GRC) team as an Associate Director, he will receive and investigate internal reports of any suspicious activity and take the lead
The European Fund and Asset Management Association (EFAMA) has published the new EFAMA Stewardship Code, “Principles for asset managers’ monitoring of, voting in, engagement with investee companies”, a revised version of the 2011 Code of External Governance.
This new Code is designed to assist EFAMA corporate members – asset managers – in adopting best stewardship practices with the companies they invest in on behalf of clients. Stewardship covers the monitoring of, voting the shares of, and engagement with investee companies.
EFAMA revisited the earlier EFAMA Code of External Governance to bring it in line with the Revised Shareholder Rights Directive,
