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Multi-family office Proficio Capital Partners, has launched a new Insurance Dedicated Fund (DF) – the Proficio Capital Strategic Opportunities IDF – a series of the SALI Multi-Series Fund, which is available on Prudential Financial and Crown Global Insurance Group platforms.
Proficio Capital Partners serves as the discretionary subadvisor to the Fund.
The fund provides an ‘opportunistic approach to diversification’ by investing in a multi-asset portfolio of both internally and externally managed investment vehicles including, but not limited to: single-stocks, bonds and alternative positions, as well as commodities and precious metals, hedge funds, mutual funds, liquid alternative indices, structured products,
Mackenzie Financial Corporation (Mackenzie Investments) has appointed Arup Datta (pictured), to lead a new Mackenzie Global Quantitative Equity boutique, based in Boston, MA.
“Creating this boutique strengthens our investment management capabilities in Global and Emerging Markets equities,” says Tony Elavia, Executive Vice President and Chief Investment Officer of Mackenzie Investments. “Arup has built a stellar career delivering superior absolute and risk-adjusted investment returns across a wide range of investment strategies. He brings us exceptional knowledge and expertise at a time of unprecedented opportunity in global emerging markets.”
One of the industry’s leading portfolio managers in Global and Emerging Markets
Eikos Partners, fintech consultants who help capital market participants solve some of their most complex technology and operational challenges, is commercialising JSCatalyst, a JavaScript toolkit designed to accelerate application development and allow designers to build user interfaces that function across all types of devices and browsers.
A tier one investment bank and top 10 hedge fund have already deployed the toolkit, with an institutional asset manager going through a POC.
Since financial institutions still operate as silos and legacy systems continue to prevail, business and IT collaboration remains challenging. Implementing an innovative idea or creating a new application that
CloudMargin, provider of a web-based collateral and margin management solution, has appointed Martin Adams as Head of Client Operations.
Adams is a 26-year veteran of derivatives operations, with extensive experience in over-the-counter (OTC) and listed derivatives, as well as fixed income and foreign exchange (FX) products.
His work has addressed risk, control, and process and technology optimisation, along with the impact of evolving European and US regulatory requirements on some of the world’s largest investment banking operations. In this new role, Adams will be responsible for leading CloudMargin’s pre-sales support, onboarding and ongoing client support functions.
CloudMargin CEO
The key steps involved in successfully launching a hedge fund in the US were the focus of a recent one-day summit hosted by Hedgeweek at the University Club in New York City.
Attended by a broad range of industry professionals looking to – or in the process of – launching their first hedge funds, the event saw some 25-plus experts paticipate in a series of panel discussions to give delegates key insights into the dos and don’ts of bringing a fund to market.
Download this Hedgeweek Special Report for an insight into the subjects discussed, and how to address crucial issues
The European Energy Exchange (EEX) and EQS Group are partnering to support future participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation (MAR).
As of 3 January, 2018, the provisions of the Market Abuse Regulation (MAR) will also apply to emissions trading. As of this date, trading participants in the CO2 market, as well as auction platforms, auctioneers, and auction monitors, will be obligated to publish insider information and proprietary transactions of management, to track lists of insiders and lists for executives. Within the scope of their cooperation, EEX and EQS offer a
The European Commission’s decision to adopt an implementing decision on equivalence of the legal and supervisory framework for US-designated contract markets and swap execution facilities (SEFs) is a welcome step forward according to the MFA.
MFA President and CEO Richard H Baker (pictured), says: “Today’s decision by the European Commission is an important step towards international regulatory convergence on derivatives trading venues.
“We believe this decision moves us in that direction by facilitating capital and liquidity formation and promoting fair, efficient, and orderly derivatives markets. MFA contributed an important comparative analysis of the CFTC and EU derivatives trading and
The Cboe Futures Exchange (CFE) has received approval in Hong Kong to allow corporations that are licensed by the Hong Kong Securities and Futures Commission under Part V of the Hong Kong Securities and Futures Ordinance to become CFE Trading Privilege Holders (TPHs).
With this designation, announced at the 3rd annual Cboe Risk Management Conference Asia, currently taking place in Hong Kong, CFE has been authorised to provide automated trading services in Hong Kong. This means that in addition to CFE’s ability to conduct marketing activities in the region, CFE may now allow firms in Hong Kong to become CFE
TORA, a provider of a cloud-based order and execution management system (OEMS), has launched an artificial intelligence (AI)-driven pre-trade transaction cost analysis (TCA) solution designed to help firms meet the stricter best execution requirements imposed by MiFID II.
TORA’s new AI TCA product moves beyond traditional TCA by using AI techniques to accurately estimate price slippage for trades before they enter the market.
Asset managers are increasingly relying on analytics to build more sophisticated, quantitative best execution processes to meet MiFID II’s higher standards and to gain a competitive advantage. Trading desks are also embracing rapid advances in AI
Average daily transaction value on the Euronext cash order book stood at EUR8,141 million in November, up 11.0 per cent compared to November 2016 and up 13.5 per cent from the previous month.
The average daily transaction value on ETFs was EUR481 million, down 22.1 per cent compared to November 2016 and up +21.6 per cent from the previous month. Euronext’s ETF offering slightly decreased this month to 828 listings at the end of November, compared to 831 at the end of the previous month.
The overall average daily volume on derivatives reached 629,767 contracts, up 15.9 per cent
