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Macroeconomic and financial market research veterans Chen Zhao, Tony Boeckh and David Abramson have partnered to launch Alpine Macro – an independent research firm dedicated to providing unique analysis, insights, forecasts and actionable investment strategy recommendations.
Chen, former Chief Global Strategist with BCA Research Group and more recently Co -Director of Global Macro Research with Brandywine Global Investment Management, Boeckh, former Chairman and Editor-in-Chief of BCA, and Abramson, former Chief US Strategist with BCA, will focus on providing differentiated market insights, contrarian views and profitable investment strategy recommendations that help investors manage risk and make better informed investment and asset
Euronext has expanded its ‘Federal model’ with the acquisition of 100 per cent of the shares and voting rights of The Irish Stock Exchange (ISE) for EUR137 million.
The acquisition is in line with Euronext’s long term strategy, and sees Ireland become its sixth core European country. Euronext intends to position ISE as centre of excellence for the Group in the listing of debt, funds and ETFs.
Stéphane Boujnah (pictured), Chief Executive Officer and Chairman of the Managing Board of Euronext, says: “The Irish Stock Exchange joining Euronext represents a major milestone in the expansion of Euronext’s federal model since its IPO.
Quant Insight (QI), a macro research firm providing discretionary asset managers with actionable investment ideas, has made its research available via the RSRCHX platform.
Connecting QI’s investment ideas and the RSRCHXchange marketplace means portfolio managers can now seamlessly purchase QI macro research reports via the RSRCHX platform in a MiFID II compliant way.
Quant Insight’s macro research provides quantitative analysis and actionable investment ideas to hedge funds, asset managers, asset allocators, pension funds and wealth managers. Their investment expertise, combined with high-quality data, proprietary algorithms and AI driven machine learning models helps investors make sense of complex trading environments
Maples Fund Services, an independent global fund services provider and division of MaplesFS, has appointed Brendan Tyne as Head of Business Development for North America.
Tyne brings over 20 years of experience in the asset management industry. He was most recently the Managing Director of the North American business of a global private equity and real estate fund administrator. Prior to that, he held various sales and relationship management positions, focusing on capital raising and managing institutional and high net worth client relationships for hedge fund and fund-of-funds managers. He received a Bachelors of Arts in International Affairs from Lafayette
The Boston Partners Global Long/Short Strategy, a diversified equity fund that seeks long-term growth of capital while minimising exposure to general equity market risk, has now been added to Goldman Sachs’ Serviced Platform SICAV (UCITS).
The Fund takes long positions in undervalued stocks and short positions in names identified as being overvalued.
The fund is managed by Senior Portfolio Manager Christopher Hart and Portfolio Manager Joshua Jones. Hart oversees all of Boston Partners’ Global Equity and International Equity products, while Jones leads the Boston Partners investment team operating from the firm’s London office.
“Boston Partners has nearly two
Alternative assets under management reached a record USD7.7 trillion in 2017, according to a new survey by BNY Mellon, and look set to increase further with over half of respondents expecting allocations to alternatives to increase in the next 12 months, up from 39 per cent in 2016.
Private equity has the highest share of institutions’ alternative asset allocations and highest levels of outperformance (36 per cent of respondents said results were better than expected). But the rising stars are real estate and private debt, whose share of allocation continues to grow.
After a period of disappointing returns, nearly
By Bob Kneip, KNEIP – For all its trillions of assets under management, the funds industry is still relatively young and immature. It remains highly fragmented and suffers from hyper-regulation. Over time, this has led to layers of inefficiency. Whilst it might be a growing industry, it is yet to consolidate: much to the disadvantage of investors.
Every time industry practitioners do something wrong – innocently or otherwise – the only way to regain control is to introduce regulation. But it needn’t be that way. Fundamentally, if people had done things the right way to begin with, and there was
One of the key roles that technology plays in global FX and OTC markets, which by their nature are highly fragmented, is the price discovery process; something that is set to become even more critical for MiFID entities in Europe when MiFID II regulation comes into effect on 3 January. Part of this complex regulation will be the need for buy-side firms to demonstrate that they are getting best execution on their trades.
“Without the application of technology, you are beholden to one or two providers, which is not efficient in helping to discover the best price in the market,”
The State Street Investor Confidence Index (ICI) for November 2017 decreased to 97.1, down 1.0 point from October’s revised reading of 98.1.
The minor decline in global sentiment was driven largely by a 12.0 point drop in the European ICI to 81.0. By contrast, the North American ICI rose by 3.7 points to 102.6 and the Asian ICI increased by 1.0 point to 97.5.
The Investor Confidence Index was developed by Kenneth Froot (pictured), and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by
Hedge Invest SGR, an independent asset manager specialising in alternative investments (hedge, UCITS alternatives, real estate and private debt), has appointed Fergal Doyle as Chief Operating Officer of its UK subsidiary Principia Investment Management Limited (PIML).
Doyle has been working in the alternative funds industry for 20 years, starting in 1997 in AIB/BNY, then in GLG Partners/Man Group from 2000 to 2014, where he held several operational roles including responsibility for middle office, and was instrumental in the launch of new funds and the optimisation of IT systems. In 2015 he became COO at Pacific Asset Management, where he was
