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Ocorian, an independent provider of corporate and fiduciary services, has appointed Alan Booth as Managing Director of its UK business.
Booth (pictured), was previously Global Head of Product Management within Deutsche Bank’s Corporate Services Division, and will play a key role in driving Ocorian’s enhanced corporate services offering.
Booth’s in-depth knowledge of the global regulatory and legal environment – gained through 12 years’ experience in structured finance, private equity and real estate structuring – will prove central to the shaping and management of Ocorian’s growing corporate services business.
Ocorian has grown considerably over the last two years, with
The Hedgeweek Global Awards 2018 for excellence among hedge fund managers and service providers celebrate the achievements of firms that contributed to another significant year for the sector.
The winners, who were presented with their awards in London on 9 March, were decided by a poll of Hedgeweek readers, who include both investors and managers as well as other industry professionals at firms including fund administrators, custodians, accountants and auditors, law firms, consultants and fund distributors. The final winners in both the manager and service provider categories were confirmed by the Hedgeweek team.
The winners of the Hedgeweek Global Awards 2018 are:
Davis Polk has appointed Michael S Hong as a partner in the firm’s Investment Management Group in New York, focusing on private equity fund formation.
Hong comes to Davis Polk from Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he was a partner in their Private Funds Group. He advises sophisticated private fund managers across all asset classes in their most complex, high-value transactions, including fund formation and ongoing investment-related advice. Hong also has extensive experience with sales, purchases and joint ventures involving alternative asset managers.
“We welcome Michael to our distinguished Investment Management Group,” says Thomas J Reid,
FeedStock, a provider of integrated interaction tracking and analytics software, is partnering with IHS Markit to provide an end-to-end investment research tracking, evaluation and analysis and payments tool for clients in fund management.
This alliance will see the delivery of a comprehensive solution that satisfies the buy-side’s need to accurately track, evaluate and pay for research, while managing inducements and trials, as required by MiFID II. Unlike other solutions requiring manual work and reconciliation of sell-side data, FeedStock’s tracking system is fully automated and independent.
Using the latest in AI and machine learning, FeedStock filters, tracks and classifies investment
Following a strong start to the year, February has been challenging for CTAs, with all Societe Generale CTA Indices finishing the month in negative territory.
The Short-Term Traders Index was down 4.29 per cent but remains positive YTD, up 1.19 per cent. Conditions were particularly difficult for trend-followers which were down 8.96 per cent, the worst monthly return since 2003 and the third worst since the inception in 2000. The Trend Index outperformed the Trend Indicator by 2.30 per cent in February.
The upward trends in Equity indices experienced steep reversals, leading to losses of 5.47 per cent in
A newly formed group of major finance industry players have joined an OpenFin-led initiative to bring universal connectivity and standards to all of the financial industry’s desktop applications.
The group, known as the Financial Desktop Connectivity and Collaboration Consortium or FDC3, is committed to addressing the increasingly fractured software landscape of capital markets. FDC3 standards will enable faster decision-making, improve productivity and streamline workflow. OpenFin, the first operating system created specifically for finance, and the industry’s only technology designed to be unifying and application-agnostic, has contributed the open-source code that serves as the cornerstone for this new initiative.
The financial
Three experienced figures in the alternative investment industry have partnered to form a new licensed fiduciary services company in the Cayman Islands.
Eze Software has signed on 60 broker-dealers to provide connectivity for Eze Eclipse, its cloud-based investment management solution, which supports the entire investment workflow and was launched in 2017.
Eze Software chose 20 emerging equity and event-focused hedge funds as exclusive first users on the platform. It plans to expand access to the platform throughout 2018 by targeting funds that would most benefit from a holistic, user-driven approach to managing the investment process. In 2017, Eze also continued to expand its already well-established presence in the start-up market with 56 start-ups signing on for Eze Investment Suite.
Nearly all
Link Fund Solutions, part of Link Asset Services, has appointed Andrew Lelliott to the post of Head of Transfer Agency.
The appointment reflects Link’s continued strategy to grow within the UK transfer agency market, building upon its strength in transfer agency and registrar services, as part of the company’s wider fund services offered in Europe.
Lelliott joins from Northern Trust where he was Senior Vice President responsible for the significant growth of their transfer agency business in the UK. Prior to this and with 31 years’ experience in financial services, Lelliott has worked for IFDS (now DST), Schroder Investment Management,
PostFinance, one of the leading retail financial institutions in Switzerland, is a new shareholder of SIX, the operator of the Swiss financial market infrastructure. SIX’s shareholder base of now includes 127 banks and all significant participants of the Swiss financial centre.
SIX operates the infrastructure of the Swiss financial centre, catering to a broad, international client base. The core business focus is on infrastructure services for shareholders and on the financial sector in the areas of securities, payment transactions and financial information.
SIX was formed in 2008 through the merger of SWX Group, SIS Group and Telekurs Group. The
