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Competition among managers for capital in the alternative investment sector has never been greater. Similarly, as fund service providers vie for business in a crowded market place, it is important for firms to stand out from the crowd, writes Paul Bannier of Icorserv, on behalf of the Guernsey Investment Fund Association.
One way in which they can do that is to consider their responses to the ever-increasing number of due diligence requests.
In the case of fund managers, the primary focus is often on investment due diligence and demonstrating to potential investors that the firm has the resources, expertise and
Credere Capital, a London-based alternatives asset manager, has launched the Trium Credere Fund, managed by hedge fund specialist, Oliver Dobbs. The fund adopts a traditional arbitrage and relative value strategy, trading in hybrid securities and derivatives markets globally.
Since inception in September 2017, the Cayman Fund has posted strong performance with low volatility versus its peers.
The Fund has a global mandate investing in a wide range of asset classes. It seeks to identify mispricing around event-driven opportunities, such as new capital raises, regulatory changes, spinoffs, shareholder buy backs, security issuance, ratchets, restructuring and capital structure adjustments.
Dobbs applies
Digital Mosaic Capital, a US hedge fund that invests in marketplace loans and digital specialty assets, has formed a strategic partnership with Alpha JWC Ventures, a Southeast Asian venture capital firm.
This strategic partnership includes both capital injection and synergy co-creation where Alpha JWC Ventures contribute its deep Fintech expertise, extensive network, and access to its portfolio of leading Fintech companies in Southeast Asia, while Digital Mosaic brings its innovative proprietary platform, and its fixed income trading expertise.
The capital injection is to facilitate Digital Mosaic’s global reach in Southeast Asia, development of technology and building its distribution capabilities.
PEGAS, the pan-European gas trading platform operated by Powernext, saw strong overall volumes on its spot segment with 90.7 TWh in January 2018.
A monthly record was also established on the German hub GASPOOL with 13.5 TWh (previous record: 12.7 TWh in January 2017). The total monthly traded volume amounted to 162.9 TWh (January 2017: 165.7 TWh).


Spot trading volume in January amounted to 90.7 TWh , representing an increase of 5 per cent over the previous year (86.4 TWh). The Dutch market area TTF recorded the biggest jump with 27.9 TWh, up 43 per cent (January 2017: 19.5 TWh).
Institutionally priced funds gathered over USD600 billion of net new fund flows in 2017, according to data released today by Broadridge Financial Solutions.
At the end of 2017, 50 per cent of actively managed institutional fund assets were from retail channels – registered investment advisors (RIAs), broker/dealers and online – with the remaining 50 per cent from institutional channels – bank, private bank and trust. The amount of retail assets invested in institutional funds was less than 37 per cent at the end of 2012, but has steadily increased over the past five years.
The infusion of retail assets
Estera played a key role in Bermuda’s thriving Insurance Linked Securities (ILS) market in 2017, and predicts another good year in 2018.
Thomson Reuters is now offering an Investment Research Marketplace on its flagship desktop product Eikon, a solution that enables buy-side firms to purchase research from sell-side contributors designed to inform and complement their investment processes.
This solution also helps facilitate buy-side compliance with MiFID II research unbundling requirements.
Thomson Reuters Investment Research Marketplace in Eikon will host subscription based collections of a select number of global sell-side contributors. Buy-side firms will be able to purchase these research collections by contracting directly with Thomson Reuters, and then consume them via Eikon. Any research acquired will be seamlessly integrated with all Eikon research
MDXT, a provider of real time data distribution solutions to the trading community, has appointed Brian Wurster as Head of Sales for USA & Canada, reporting directly to CEO, Paul Watmough.
Wurster (pictured), is based in New York and brings over 20 years of sales trading/broking and software sales experience having worked for leading financial firms including BGC/eSpeed, Tullet Prebon and Bank of New York.
Watmough says: “MDX is on a roll and we are delighted to formally welcome Brian into the business. The firm is experiencing a significant uptick in inbound enquiries, particularly in the North American market.
Linedata, a solutions and outsourcing services provider to the investment management and credit finance industries, has launched an enhanced version of its business process management (BPM) tool, Linedata Optima, to unlock operational, fund and system data.
This latest update introduces a new interactive dashboard, offering detailed visualisation of real-time data and drill down capabilities. Fully auditable records can be visualised in multiple ways to aid process analysis and optimise resource allocation. This consolidated view provides a one stop shop to view key performance and risk metrics, analyse and visualise data to better manage the business.
Jon Trinder (pictured), Product
Calypso Technology, a provider of cloud-enabled capital markets and investment management software and services, has appointed Steve Tucker as Chief Sales Officer and member of the firm’s Executive Committee.
Based in Calypso’s London office but with global coverage, Tucker (pictured), will oversee all Sales, Marketing, Presales and Sales Operations activity.
Tucker joins Calypso from RELX Group, where he was the Global Head of Sales for ICIS, the world’s largest petrochemical market information provider. He has also held senior positions with S&P Capital IQ, Thomson Reuters and FFastFill, now Future Dynamics, a provider of Software as a Service to financial
