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Culum Capital, a Singapore-based receivables and supply chain financing provider, has launched a new investor platform, which is aimed at accredited and institutional investors around the globe, and provides invoice financing to SMEs as an alternative to traditional financing sources.
The platform’s sophisticated user interface brings ease and convenience for investors, with a double layer of security authentication. The platform uses its proprietary credit scoring and on-going risk measurement to identify optimum investment opportunities and provide transparency. The transactions carry a short tenor of maximum 120 days, with the average transaction at 70 days. Annualised gross returns are between 10
The Chicago Mercantile Exchange Inc (CME) and the CBOE Futures Exchange (CFE) have self-certified new contracts for bitcoin futures products, and the Cantor Exchange (Cantor) has self-certified a new contract for bitcoin binary options.
“Bitcoin, a virtual currency, is a commodity unlike any the Commission has dealt with in the past,” says CFTC Chairman J Christopher Giancarlo (pictured). “As a result, we have had extensive discussions with the exchanges regarding the proposed contracts, and CME, CFE and Cantor have agreed to significant enhancements to protect customers and maintain orderly markets. In working with the Commission, CME, CFE and Cantor have
The Alternative Investment Management Association (AIMA) and Bundesverband Alternative Investments (BAI) are to jointly engage with policymakers and regulators in the European Union and globally on issues of interest to their respective memberships.
Included in the agreement is work relating to the Alternative Credit Council (ACC), the AIMA affiliate body that represents asset management firms in the private credit and direct lending space.
The agreement builds on the increasingly close cooperation between the two associations. The BAI and AIMA, for example, held joint meetings with Brussels policymakers during the recent European Supervisory Authorities (ESA) Review.
The associations also
The days of thinking about single jurisdictions are long gone. When structuring a large private equity fund, for example, it is likely going to contain international investors (the US, Europe, Asia) and is, in effect, a commercial deal between all interested parties to draw down the money. The reality is, different investors have different preferences.
As James Bermingham (pictured), counsel at Ogier (Luxembourg) explains: “Sovereign wealth funds want the most efficient funds possible and are prepared to have no tax leakage. When you start talking to European investors, say German insurance groups who are subject to Solvency II, they want
The contribution made by offshore finance centres to the global economy should not be underestimated, writes Paul Smith (pictured), Chairman of the Guernsey Investment Fund Association.
Offshore funds provide a way of facilitating the flow of capital around the world in the most efficient and cost-effective way possible and Guernsey has been at the forefront of the development and administration of them for more than 50 years.
These investment structures are (and have been) vitally important in supporting the global economy, facilitating complex global transactions and enabling investment in both established and emerging markets. With over half a century
Epsilon Asset Management (Epsilon) has appointed Charles “Chuck” Soderstrom as COO and Partner of the firm.
“Soderstrom’s decades of operational experience strengthens the foundation needed to grow Epsilon while providing world class infrastructure and service to our expanding client base,” says Adam Lavin, Partner at Epsilon.
Starting in 2005, Soderstrom served as a Managing Director and Head of Operations for Impala Asset Management, a multi-billion dollar long/short equity hedge fund. Prior to Impala, he was a Senior Managing Director at Bear Stearns. In 2000, he co-founded and managed Buena Vista Partners, a long/short equity hedge fund. Prior to Buena
Velocimetrics, a provider of real-time business flow tracking and performance analytics, and CloudShark, the world’s first web-based packet capture management and analysis system, are partnering to enable traders, network operatives and financial IT specialists to have greater visibility into network packets of data.
Velocimetrics and CloudShark have collaborated to develop a modular solution in response to the market’s demand for a more precise and transparent approach to network visibility, primarily due to regulatory demands, such as from MiFID II. It will allow financial institutions to take a forensic approach to any problems that arise on the network, caused by market
Exchange turnover in structured investment and leverage products on Europe’s financial markets stood at EUR27.6 billion at the end of September 2017. This represents a significant 6.0 per cent increase year on year.
Turnover fell 5.0 per cent from the second quarter of the year.
That’s according to Derivative Partners AG’s analysis of the latest market data collected by the European Structured Investment Products Association (EUSIPA) from its members.
The EUSIPA members providing information for the market report are: Zertifikate Forum Austria (ZFA), Belgian Structured Investment Products Association (BELSIPA), Association Française des Produits Dérivés de Bourse (AFPDB), Deutscher
It’s fair to say that Optima Fund Management has seen a lot of change in the hedge fund industry, given that it is preparing to celebrate its 30th anniversary; an achievement few hedge fund firms can lay claim to.
Since Dixon Boardman founded the New York-based firm in 1988, it has steered a steady course. It has continued to evolve in line with market trends so as to unearth the best hedge fund talent, which feature in a range of multi-manager funds, the first of which, a long/short equity FoFs, has been running since the year of Optima’s inception.
“Despite all
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
