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Liquidnet, a global institutional trading network, and Abel Noser Solutions have launched the pilot of Portfolio Manager Profiling.
The model, when incorporated into Liquidnet’s Virtual High Touch Next Gen algo suite, links historical trade and TCA data with the portfolio manager’s decisions to create a distinct profile for each participating portfolio manager. These profiles are then factored into determining a suggested algo trading strategy via Liquidnet’s Algo Ranking Model (ARM).
“A portfolio manager’s tendencies have always influenced a trader’s execution strategy but being able to consistently replicate a profile pattern used to be a challenge,” says Peter Weiler (pictured),
Brave New Coin, a blockchain and cryptographic assets research company, has launched the General Taxonomy for Cryptographic Assets, the first global classification standard to capture the breadth, depth, and evolution of distributed ledger technology-based assets across industry sectors.
The General Taxonomy is a critical step in the maturation of cryptographic assets as an investment class and is intended as a tool for investors, regulators, asset managers, and developers to better inform their decision making.
Brave New Coin Head of Research, Rafael Delfin, says: “The advent of blockchain technology is enabling mass collaboration across world markets, generating millions of transactions
OpenFin, a desktop operating system built specifically for the needs of capital markets, has publicly contributed code to the Symphony Software Foundation that allows, for the first time, any OpenFin customer to deploy Symphony Chat on the OpenFin operating system.
The integration, currently in beta testing, enables seamless deployment and interoperability of Symphony alongside the expanding ecosystem of applications already running on OpenFin.
The Symphony Software Foundation (the Foundation), is a nonprofit organisation fostering innovation in financial services through open source software (OSS). The OpenFin contribution code is based on a standard developed collaboratively by the Foundation’s Desktop API
The Global Legal Entity Identifier Foundation (GLEIF) has published the first monthly relationship file that matches a Business Identifier Code (BIC) assigned to an organisation against its Legal Entity Identifier (LEI).
With the launch of this open source file, GLEIF and SWIFT have pioneered a cooperation model that, for the first time, enables market participants to link and cross-reference these key entity identifiers free of charge. This will significantly streamline entity verification processes and reduce data management costs.
The BIC-to-LEI relationship file is built upon a mapping process established by SWIFT and certified by GLEIF. It is published on
Hedge funds surged at the start of 2018 as equity markets turned in the strongest January since 1997, despite equity, currency and fixed income market volatility building into month-end.
The HFRI Fund Weighted Composite Index gained 2.8 per cent for the month, the strongest monthly return since December 2010 and the best January return since 2006. The gain extended the streak of consecutive monthly gains to 15 and lifted the record Index Value to 14,465, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.
While
Man GLG, the discretionary investment management business of Man Group, has appointed Louise Pugh as a portfolio manager for its European Mid-Cap Equity strategy.
Pugh will continue to report to Moni Sternbach, strategy portfolio manager and Head of European Mid-Cap Equities.
Pugh joined Man GLG in 2015 as an analyst for the European Mid-Cap Equity strategy. Previously, she spent five years at Newton Investment Management, where she covered a thematic and value orientated stock picking strategy.
The European Mid-Cap Equity strategy aims to generate positive returns through long and short investments in European mid-cap equities. It employs a
More than half (56 per cent) of executives at hedge fund and PE funds believe regulatory enforcement has decreased under the Trump administration, and 85 per cent view the US regulatory environment as more relaxed than it is internationally.
That’s according to a new study carried out by Koger which also finds that 73 per cent of asset managers cite cybersecurity threats as the biggest risk going forward in 2018, followed by a market correction (67 per cent), geopolitical risks (38 per cent), an economic downturn in the US (31 per cent) and an economic downturn internationally (31 per cent).
eFront, a financial software and solutions provider for the alternative investments space, has launched eFront Insight which digitalises data exchanges between General Partners and Limited Partners, and boosts analytics and insight generation.
eFront Insight combines a GP data portal with industry benchmarks and third-party data, resulting in an advanced and sophisticated analytical platform with best-in-class user experience, adept at generating unique insights. eFront Insight is available for both Limited Partners and General Partners.
eFront Insight GP enables General Partners to streamline data reporting and fundraising. eFront Insight LP provides Limited Partners access to reliable investment and benchmark data and
UMB Fund Services has been named as a sponsor of the Hedge Fund Association’s (HFA) global Thought Leadership Council.
“As a long-term administrator in the alternative investments space, we are excited to further our commitment to the industry through sponsorship of the HFA Thought Leadership Council,” says Maureen Quill, president of UMB Fund Services. “We believe the work that HFA does to advance the hedge fund industry through education and transparency is beneficial not only to those in the alternative investments industry, but investors as a whole.”
“The HFA serves its members by producing top-level member networking and educational
A new report entitled ‘Alternative Investments 3.0 – digitize or jeopardize’ from KPMG International and CREATE-Research finds that digital technologies are radically reshaping the alternative investment industry, but a large majority of hedge funds and private equity firms appear to be too slow to respond.
The report was based on a global survey of 125 hedge funds and private equity firms and conducted by KPMG International and CREATE-Research.
While 98 per cent of respondents say ‘business as usual’ is not an option, at least three out of five respondents said they are still at the nascent stage of ‘awareness raising’
