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Switzerland’s principal stock exchange, SIX Swiss Exchange, has become a Climate Bonds Partner, joining the financial sector’s efforts to mobilise the USD100 trillion bond market for climate change solutions.
In doing so, SIX Swiss Exchange joins fellow global stock exchanges in efforts to facilitate green finance and green bond growth towards the USD1 trillion by 2020 investment milestone needed to help meet climate change and emissions goals
In joining the program, the exchange will work together with Climate Bonds to support increased investment towards a low-carbon and climate resilient economy. Contributing ideas for structuring, policy measures and market
End to end systematic trading solutions firm, QuantHouse, has added Jane Street Financial’s systematic internaliser (SI) to its qh API Ecosystem.
Liquidity provider Jane Street trades USD5.6 trillion across equities, ETFs and options. The firm commits its own capital and uses its global footprint to help institutions trade with consistently tight spreads.
Jane Street is registered to price a broad range of European equities and ETFs via platforms that suit client workflows – including RFQ and Jane Street’s SI. Through its SI, Jane Street offers liquidity for more than 2,000 single stocks from the Cboe Europe universe, with a focus
Hilco Valuation Services has appointed Tom Boniface as Vice President of Business Development for the Midwest Region of the United States, supporting the Valuation, Monetisation and Advisory platforms.
Boniface will be based in Chicago and will have the specific responsibilities of both maintaining our existing relationships and creating new relationships with financial institutions, investment banks, private equity firms, hedge funds, and other professional service firms.
Boniface has been with Hilco since 2015, most recently serving in a Director role, primarily supporting renewal valuations for existing appraisal customers. In this role, he worked closely with many of Hilco Valuation Services’
Usonian Investments, a Japanese equity manager located in Chicago and Tokyo, has launched the Usonian Japan Value UCITS Fund on Skyline Umbrella Fund ICAV platform, with initial capital of GBP 73.7 million.
Usonian also confirmed that Old Mutual Wealth’s Cirilium portfolios are an anchor investor in the Fund. The distributor for the Fund is J & E Davy, and the European sub-distributor is Aravis Capital.
The Usonian Japan Value strategy seeks to take advantage of the unique inefficiencies in Japan’s equity markets by following a disciplined, bottom-up value approach. It focuses on Japanese equities that are undervalued, profitable,
Confluence is teaming with ICE Data Services to help asset managers meet their compliance obligations with respect to SEC Modernization and other regulatory reporting requirements.
With the implementation of SEC Modernization, the increased frequency and depth of reporting required by Form N-PORT and Form N-CEN present asset management professionals with unprecedented challenges to their back-office operations. This relationship between ICE Data Services and Confluence will provide asset managers with the required content, data management and reporting capabilities to help meet their compliance needs, with Confluence providing the RegTech data management and reporting solution and ICE providing financial market data and
Brightway Asset Management Limited (Brightway), an indirect wholly owned subsidiary of China Minmetals Corporation (CMC), principally engaged in asset management, has appointed SS&C GlobeOp as its fund administrator.
Brightway says the selection of SS&C GlobeOp was based on the platform’s strong functionality, ability to manage both fund administration and risk management and to handle a broad range of funds. Brightway was impressed by SS&C’s extensive suite of solutions and services coupled with the client-centric team able to provide strong onshore support.
Ken Peng, CIO, Brightway, says: “Our firm has funds with complex structures and rules so SS&C’s ability
OP Investment Management (OPIM) has partnered with China CR Capital Holdings to launch the CR-Wellington AI Fund SPC. The fund is Cayman-domiciled with investment open to Professional Investors only.
CR Wellington AI Fund SPC, managed by Ray Ko, will deploy a series of market neutral and arbitrage strategies. The quant fund will invest in highly liquid securities in multiple exchanges worldwide including Hong Kong, Taiwan, Singapore, Japan, US, and UK.
“Global market volatility is on the rise after delivering high yields across developed and emerging markets last year. It’s in these market conditions, the fund can profit from price
Hedge funds started 2018 up 2.20 per cent in January with managers reporting performance-based gains of USD20.3 billion while investor subscriptions stood at USD21.7 billion at the start of the year, according to the February 2018 Eurekahedge Report.
In annual year 2017, final asset flow figures show that manager saw inflows totalling USD114.6 billion while performance-based gains stood at USD107.3 billion over the same period.
The Eurekahedge Billion Dollar Hedge Fund Index returned 1.77 per cent in January; it’s best monthly return since January 2012 which translated into performance-based gains of USD12.8 billion during the month with net inflows
Offshore law firm Carey Olsen has advised SoftBank Group Corporation and its Vision Fund on the USD865 million investment into Katerra, the construction technology startup.
Value investors are returning to Greece, hopeful that if improving macro-economic conditions persist, the coming year will prove a major boost to Greek small cap stocks, according to Quaero Capital.
The specialist fund management firm says that uncertainties still persist however, with the government still to agree a post-bailout strategy with the Troika of lenders (made up of the International Monetary Fund, The European Commission and the European Central Bank). There is an estimated EUR1 billion shortfall in Greece’s proposed 2018 privatisation programme (which may impact personal tax and VAT measures), and an election cycle is set to begin soon.
