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Specialist fixed income manager, BlueBay Asset Management (BlueBay), has appointed Polina Kurdyavko as head of its emerging market debt team.
Previously co-head, Polina (pictured), will become sole head of the BlueBay emerging market debt desk following David Dowsett’s move to become a strategic adviser on emerging markets for the firm. Both Kurdyavko and Dowsett will continue to report into Raphael Robelin, Chief Investment Officer.
As a leading investor in emerging markets Kurdyavko has made her mark over the years as a pioneer in this space, ushering the development of new asset classes within the emerging market universe and advocating
EEX Group outlined a programme of innovations for the energy and commodity markets of the future at the E-world energy & water conference in Essen.
Four of the Group’s Chief Executive Officers (CEOs) took part in the press event discussing how EEX Group’s series of innovative projects meets the challenges and opportunities posed by the increasing importance of decarbonisation, digitalisation and decentralisation.
“As EEX Group we are committed to providing our customers with tailor-made solutions that help to shape the future. Our series of innovations is shaped by the major trends of decarbonisation, decentralisation and digitalisation, which will undoubtedly transform
SimCorp has launched new modules and enhancements for Release 6.3 of its flagship solution, SimCorp Dimension, including a new Alternative Investments Manager, which enables buy-side firms to handle illiquid, alternative investment types, such as Private Equity, Real Estate and Infrastructure, alongside more traditional assets.
The Alternative Investments Manager is designed to offer the buy-side market an automated solution for its alternative investments, dispelling the need for niche systems and manual processes. Users can fully integrate the module with SimCorp Dimension’s IBOR (Investment Book of Record) to effectively support multi-asset investment strategies in one highly automated system.
As part of
A new report sponsored by Linedata examines the application and benefits of distributed ledger technology (DLT) to the buy-side and what is required from both partners and regulators to facilitate, accelerate and maximise those benefits.
‘Distributed Ledger Technology – An Emerging Consensus on the Buy-Side’ – is based on interviews with Asset Managers, Vendors, FinTechs, Service Providers and Consultants and is co-authored by well-known industry consultants Dr Ian Hunt and Chris Mills.
The report captures the optimism of DLT and blockchain, as well as identifying the most effective contribution which could be made to the acceleration of DLT benefits
Cboe FX saw record spot average daily volume (ADV) of USD42.6 billion in January, surpassing its previous record of USD38.2 billion ADV set in September 2014. Cboe FX’s London matching engine reached record ADV of USD9.1 billion in January, up 263 per cent from January 2017.
In addition, the Cboe Periodic Auctions book reported a record month of volume, trading more than EUR6.5 billion during January. Cboe LIS, a European large-in-scale block trading platform powered by BIDS technology, reported another record month in January with more than EUR4.5 billion traded on the platform.
Trading of options on the Cboe
GCM Grosvenor has completed the final close of its Secondary Opportunities Fund II (GSF II) with USD700 million in committed capital. GSF II, which held its first close in May of 2017, reached its hard cap.
Fund investors include public and Taft-Hartley pension plans, financial institutions, healthcare systems and endowments, in the US, Europe and Asia.
GSF II will acquire interests in private funds through secondary market transactions, with a focus on transactions of less than USD50 million average deal size. GSF II will target funds oriented toward small and middle market buyout, special situation, growth equity, infrastructure and real
Schiff Hardin has appointed Mauricio Beugelmans as a partner in the firm’s Commercial Litigation and Financial Markets and Products Practice Groups in San Francisco.
Beugelmans (pictured), advises financial institutions including brokerage firms, investment banks, private equity firms, hedge funds, and investment advisers on critical regulatory and compliance issues. He also represents clients in securities and commercial litigation and arbitration.
“We are pleased to welcome Mauricio to the firm,” says Antony S Burt, co-leader of Schiff Hardin’s Litigation Practice Group. “Mauricio adds significant firepower to our San Francisco office to handle a broad range of complex commercial disputes.”
Having
PhaseCapital, the new York-based quantitative investment firm backed by Jim Pallotta, has launched its first mutual fund offering, PhaseCapital Dynamic Multi-Asset Growth Fund (PHDIX).
The new fund follows the firm’s existing strategy, and primarily seeks to create long-term capital growth for advisors and their investors while at the same time providing protection for capital during periods of extreme market stress.
Combining advanced technology and innovative data analytics with proven financial market expertise, the PhaseCapital Dynamic Multi-Asset Growth Fund invests across global equity, commodities, government bond and corporate credit markets with its exposure to these asset classes achieved primarily through
The European Power Exchange EPEX SPOT and the clearing house European Commodity Clearing (ECC) have reduced the lead-time to five minutes before delivery for local Austrian and French contracts, and to 30 minutes before delivery for local Swiss contracts.
The lead-time reduction from previously 30 minutes for Austria and France, and from 60 minutes for Switzerland, was implemented on 31 January on the respective continuous markets. The lead-time for cross-border trades remains unchanged at 60 minutes.
In intraday trading, lead-time refers to the minimum time between the execution of a trade and the delivery of the traded electricity. With
The Lyxor HFI receded this week, mainly due to CTAs and Global Macro funds, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. They were dragged by their long in equities and energy, though their losses were mitigated by other buckets.
By contrast, L/S Neutral funds were resilient, as well as the Event Driven funds which were little impacted by the equity correction.
L/S Equity Neutral funds were in positive territories, they were not caught in the multiple sector rotations that unfolded.
These turned out to be rather sector than factor driven. Long momentum stock
