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Digital consulting company SoftServe is partnering with Adjoint, a developer of distributed ledger technology, to accelerate automation through smart contracts and improve transactional privacy and security through blockchain in the financial and commodities industries.
Adjoint’s Uplink is an open source platform designed to enable enterprises in the financial sector, from banking and capital markets to insurance, asset management, and commodities trading; to quickly deploy, maintain, verify and execute smart contracts globally on a private, permissioned distributed ledger.
SoftServe will work with Adjoint to specifically help customers assimilate and on-board the Uplink platform effectively. SoftServe will tap into its deep technical
Morrow Sodali has appointed David Shammai as Corporate Governance Director – Cross Border.
Shammai joins from APG Asset Management, the Dutch pension fund manager, where in his role as senior corporate governance specialist he was involved in voting, policy, and engagement. Based in the London office, Shammai will focus on the firm’s growing corporate governance activities across its European offices.
Together with Morrow Sodali’s expanding team of corporate governance professionals, Shammai will work to further develop the firm’s governance services – ranging from benchmarking and assessments of governance practice to board advisory on engagement with investors.
“At Morrow
The US Commodity Futures Trading Commission (CFTC) and the UK’s Financial Conduct Authority (FCA) are to collaborate and support innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate.
“The FCA’s Project Innovate is the gold standard for thoughtful regulatory engagement with emerging technological innovation,” says CFTC Chairman J Christopher Giancarlo (pictured). Therefore, I am delighted to join Andrew Bailey in this arrangement to demonstrate our cross-Atlantic commitment to facilitating market-enhancing innovation and sharing best practices in FinTech engagement. This is the first FinTech innovation arrangement for the CFTC with a non-US counterpart. We believe that
The market reversal in early February took a heavy toll on CTAs and they are down almost 5 per cent on a month to date basis, according to the Lyxor CTA index.
Other measures of CTA performance point to a drawdown that was more severe, ie in the -5/ -10 per cent range. Meanwhile, their deleveraging during the selloff suggests they may have lagged the market recovery during the recent days.
Lyxor’s Cross Asset Research team writes: “On a positive note, the current positioning of CTAs is more balanced. Their future performance should thus be more in line with
Investment funds can now take advantage of a new limited partnership regime following the passing of the Limited Partnership Act in the British Virgin Islands (BVI).
The Act is designed to provide all the typical benefits of limiting liability, as well as a number of unique features.
Over recent years, limited partnerships have become a preferred structure for investment funds and are frequently used as a vehicle for private equity funds and joint ventures. This is because it enables investors who do not want to play an active role in managing the fund to limit their liability. Instead, the
Euronext has reported strong operating performance for the full year 2017 with revenue up by 7.2 per cent to EUR532.3 million.
Despite low volatility, cash trading revenues totalled EUR190.3 million up 5.3 per cent, thanks to strong market share at 64.4 per cent (67.1 per cent in Q4) and improving volumes (ADV at EUR7.5 billion up 6.7 per cent).
Revenue diversification initiatives also made a solid contribution to performance with FastMatch and Agility for Growth contributing EUR7.2 million and EUR9.8 million to the group revenue, respectively.
EBITDA is robust at EUR297.8 million (+4.9 per cent), with margin at
LRI Group, the leading independent investment services company, in partnership with TAO Alternatives has announced that the TAO Alternatives liquid alternative investment strategy has exceeded EUR500 million in assets under Management (AuM) in February 2018 on LRI Group’s UCITS platform.
LRI Group announced the partnership with TAO Alternatives in September 2017 when the investment strategy was at EUR250 million AuM. The strategy has doubled in size in six months due to several big mandate wins from German pension funds and pension schemes. The investment strategy has also received increased interest from the UK and Switzerland markets.
The strategy is
Invast Global has signed an agreement to become an Official Partner of the Australian Rugby Men’s and Women’s Sevens Teams in 2018.
Invast Global will be sponsoring the Australian Men’s Sevens Team for the Hong Kong (6-8 April) and Singapore (28-29 April) HSBC World Rugby Sevens Series tournaments. Additionally, Invast Global will be sponsoring the Australian Women’s Sevens Team for the remainder of the HSBC World Rugby Sevens Series in 2018. This includes Kitakyushu, Japan (21-22 April), Langford, Canada (May 12th – 13th) and Paris, France (9-10 June ).

The Sydney tournament, held over 26-28 January, was very successful
Kane LPI, specialists in the development and management of administration solutions in the international Life, Pension & Investment sector, has appointed of Alain Fournier (pictured), as Head of Kane LPI Fund Administration Services, with immediate effect.
Asymmetry Capital Management, an alternative asset management firm launched in 2013 by Scott Kay, has appointed James Yin, PhD as an analyst covering global therapeutics, based in the firm’s San Francisco headquarters.
Yin has conducted research at the National Institutes of Health (NIH) and the University of Minnesota where he participated in breakthrough research to solve the atomic structure of the Rous Sarcoma Virus Intasome. This research was published in the Journal Nature in February 2016.
The Asymmetry team has over 42-years combined healthcare and healthcare investing experience across market cycles and macro events.
CIO Scott Kay says:
