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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
Broadridge Financial Solutions has expanded its global market intelligence business with the acquisition of MackayWilliams, a specialist European fund market and research firm.
The acquisition will combine Broadridge’s fund data and analytics solutions with MackayWilliams’ leading insight into European mutual fund trends, brand perceptions and fund selector behaviour offering clients a more integrated and holistic view of retail and institutional markets across regions.
MackayWilliams provides proprietary sentiment and brand data from over 1,000 annual fund buyer interviews via its flagship solution, Fund Buyer Focus, as well as market research and trend analysis through subscription services that include Fund Radar
Following a marginal uptick in April, Societe Generale Prime Services’ SG CTA Index moved into negative territory in May, down 2.41 per cent for the month, despite being up mid-month.
Trend followers were the main drivers of losses in the second half of the month, and were down 2.72 per cent. Short-term CTA strategies handled the changing market conditions relatively well and ended May up +0.39 per cent.
The SG Trend Indicator had a difficult period and was down 3.50 per cent, leading to a reading of 13.30 per cent for the first five months of this year. Following
The vast majority (88 per cent) of buy-side traders see see the shift to block trading in the dark as a positive outcome of MiFID II, according to a new report from Liquidnet on the ability of traders to source liquidity in the European markets.
While the regulatory focus remains on lit price formation, the main challenge for institutional asset managers is the ability to uncover liquidity given their need to execute in size. The outcome when trading the ‘parent’ order can be far more impactful than any marginal price improvement at a ‘child’ fill level when taking all trading
