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SVM Asset Management, an Edinburgh-based investment boutique, has appointed Martin Orrin as regional sales manager for the South West.
Martin will be responsible for managing both advisory and discretionary accounts across the South West region. He will report to Colin Thomson, head of wholesale distribution.
With over 30 years’ experience in the asset management industry, Martin joins from Aberdeen Asset Management where he was senior business development manager. Prior to this, he worked at Scottish Widows Investment Partnership as investment sales director, Smith & Williamson Investment Management as an associate director and Threadneedle Investments as sales director for national accounts and
The proliferation and growing sophistication of artificial intelligence (AI) could have serious implications for how cyber criminals coordinate attacks on the global economy. In what is already an unending arms race, with global corporations trying in vain to stay one step ahead of criminals and hactivists, the potential benefits of using AI and machine learning tools to develop new attack methods could be substantial.
That said, there could also be benefits to those whose job it is to keep firms safe and limit the scope and severity of attacks. Dmitri Alperovitch, the co-founder of information security firm CrowdStrike, was recently
From risk management to regulatory reporting and trading and execution to cybersecurity and compliance, technology is playing an increasingly crucial role in the investment and asset management space. And at GFM, we want to salute the key players who are delivering outstanding tech-based products and services to the industry with the new GFM FundTech Awards.
Following the same unique peer-review format as our respected Hedgeweek Awards, our simple online survey lets you, our readers, nominate the stand-out companies and service providers in a wide range of categories. The companies polling the most votes/nominations will then be invited to receive their awards
BitUN, a private bank for blockchain assets, is to list its BUC token on Coinsuper starting from 15 April 2018, with plans to the list on other exchanges including Huobi.
After listing on Coinsuper, the token will initially support BUC/BTC transactions, with other token pairs being available soon after.
BitUN is a private bank for blockchain assets. Based on HIGGS blockchain network, BitUN uses the Lightning Network 2.0 technology to establish a digital currency settling and liquidation network that resolves the issues of heterogeneous blockchain asset management and liquidation. At the same time, BitUN has remodelled the structure of
Intertrust, a provider of trust, corporate and fund services, has appointed Theo Splinter, former BNP Paribas executive, as Chief Operating Officer (COO) and member of the firm’s Executive Committee, effective 1 June 2018.
Splinter (pictured), will have global responsibility for operations, IT, change management and procurement within Intertrust.
Splinter has over 20 years of experience and joins Intertrust from BNP Paribas, where he was COO of Security Services in Luxembourg and its European centres of excellence. Prior to joining BNP Paribas in 2015, he worked five years at Credit Suisse, latterly as Managing Director Credit Suisse Prime Services and COO of Hedge Fund
Hedge funds posted mixed performance in the volatile month of March, as global equities declined on increasing trade and tariff tensions. The HFRI Fund Weighed Composite Index (FWC) posted a decline of 0.25 per cent for the month.
For the First Quarter 2018 (Q1 2018), the HFRI FWC advanced 0.35 per cent, topping the declines of the DJIA, S&P 500, and most European and Asian regional equity market indices.
Fixed income-based Relative Value Arbitrage (RVA) was the only main strategy that produced positive returns in March, as equities and interest rates both declined, with the HFRI Relative Value (Total)
By George Ralph, RFA – As many firms in the alternative investment sector, and certainly many of our clients, look for new ways to improve investment strategies and drive efficiencies in their businesses, against a backdrop of strict regulations and compliance requirements, investment in technology and innovation continues to rise.
Whilst automation of workflows and business processes are not new concepts, the introduction of robotic process automation (RPA) is fairly new and is gathering rapid pace in the media.
RPA utilises software bots to automate routine and repetitive tasks to increase business productivity, challenging how businesses operate. It sounds incredibly
A new white paper from Ampersand Portfolio Solutions, entitled The Risk Contribution of Stocks, puts a spotlight on the risk contribution of stocks in a portfolio and urges investors to diversify into other asset classes.
The paper states that most investors, both individual and institutional, believe that stocks are a good, perhaps even the best, investment in the long run.
However, the reason for expecting good performance from stocks is not always fully understood: Quite simply, it is because they are risky, the firm says.
The paper illustrates the riskiness of stocks; a value that escalates when volatility
The average daily transaction value on the Euronext cash order book stood at EUR8,671 million in March, up 17.3 per cent compared to March 2017 and down 5.1 per cent from the previous month.
On 16 March 2018, Euronext daily volume reached a new record for the year, at EUR19,684 million, representing the second most active day since 2010.
For the first three months of 2018, the average daily transaction value on the Euronext cash order book stood at EUR8,507 million, up 21.9 per cent compared to the same period last year.
The average daily transaction value on the
ACA Compliance Group (ACA) is to acquire Cordium, a provider of governance, risk and compliance (GRC) services. The financial terms of the transaction, which is expected to close this summer, subject to regulatory approvals, have not been disclosed.
The complementary strengths of both firms will ensure that clients will have access to the highest calibre regulatory consultancy services and technology – and will serve as the springboard for further product innovation and global expansion. The acquisition also will expand ACA’s services in Europe to include Cordium’s regulatory hosting platform, Mirabella, and a post-Brexit EU office.
Robert L Stype, CEO
