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Forty-five per cent of European fixed income heads are still struggling with MiFID II compliance, despite the 3 January implementation deadline looming large, according to a new report: “On the precipice: Are you ready for MiFID II?”, by the Fixed Income Leaders’ Summit.
The findings of the report have been published ahead of the summit in Amsterdam on 8 and 9 November, where Rt Hon Nicky Morgan MP will deliver a Brexit keynote to over 700 attendees and over 350 buy-side heads of fixed income.
Twenty eight per cent of respondents are concerned with compliance with post-trade transparency requirements
Neudata Limited has appointed Julia Asri Meigh (pictured), as a data analyst based in London. Her areas of focus and analysis include Environmental, Social and Governance (ESG) issues.
Neudata consults with investment managers to identify alternative datasets that are emerging and are often unavailable on traditional data platforms.
“With my background in sustainable development, ESG research, and economic analysis, I am pleased to be able to utilise my expertise in harnessing niche research and data sources for clients,” Meigh says. “Neudata is responding to the growing interest from clients for more ESG datasets to identify correlations between ethical business
Guernsey continues to see a growth in inward migration of companies after the best quarter of growth this year, according to the latest figures.
The Guernsey Registry, which is responsible for tracking migrations both in and out of the island, reports that 23 companies migrated to Guernsey during the third quarter of 2017. With just four companies migrating out, it represents a net inward migration of 19 companies moving their domicile to Guernsey in one quarter alone.
That means the net migration of companies to Guernsey in 2017 stands at 36, as at the end of Q3. The latest
PwC has appointed Fiona Carpenter as a partner in its UK financial services tax practice.
Carpenter specialises in alternative asset management and has 20 years’ experience helping alternative managers and funds with tax structuring and compliance. She will lead PwC’s alternative asset management practice throughout EMEA.
Fiona, who joins from EY, was chief financial officer for TT International, a boutique asset manager, between 2010 to 2013. This provided her with an appreciation of the wider regulatory, legal and commercial issues impacting alternative asset managers. She has also served as an elected member of the AIMA Council.
Stuart Higgins,
The US Securities and Exchange Commission (SEC) has appointed Brett Redfearn as Director of the agency’s Division of Trading and Markets.
The SEC’s Division of Trading and Markets establishes and maintains standards for fair, orderly, and efficient markets. The division oversees the major securities market participants and infrastructure including, among others, broker-dealers, self-regulatory organisations (including stock exchanges, the Financial Industry Regulatory Authority, the Municipal Securities Rulemaking Board, and clearing agencies), alternative trading systems, and transfer agents.
“Brett’s extensive markets experience and his longstanding, active engagement with investors, financial services firms, exchanges, and the SEC make him exceptionally well positioned
GAM is to use Red Deer’s MiFID II research valuation solution to consume and value research so that it can be paid for independently from trade execution, in compliance with the MiFID II regulations that come into effect on 3 January 2018.
“The solution that Red Deer offers for managing research consumption, research valuation and preventing inducement under the new MiFID II rules will allow us to ensure compliance across all investment teams in all locations. GAM has strong internal research capabilities, and Red Deer’s solution will help us leverage this across our investment business, in addition to managing access
Saxo Bank, an online trading and multi-asset specialist, has launched new, comprehensive account functionality on SaxoTraderGO for its global client base.
Clients trading under Saxo Bank A/S will have access to the new functionality from 24 October and the rest of the Saxo entities will go live during the remainder of October.
The new account section provides Saxo’s clients with a number of graphical overviews to illustrate how their account value, profit/loss, returns and bookings have changed over a selected time period. It also provides graphical representation of a client’s current and historic portfolio allocations as well as exposures
Cayman’s new hybrid Foundation Company is likely to appeal as a holding vehicle, SPV and succession planning option, according to Ogier trusts partner Anthony Partridge.
Partridge (pictured), says that the new structure – introduced by the enactment of The Cayman Islands Foundation Companies Law, 2017 – retains features of companies, and of civil law foundations or common law trusts.
And Partridge, who has practiced private client and trusts law in Cayman for more than a decade, says that the new structure is a flexible solution that is unlike anything else that exists in the offshore or onshore worlds.
Advanced Logic Analytics (ALA), a provider of finance and trading analytics solutions for buy- and sell-side institutions and other financial firms, has appointed Ryan Shuttleworth as Chief Technology Officer.
Shuttleworth is an experienced C level technologist and engineer who has a long history of successful technology delivery. He has managed both large global engineering teams and complex deliveries in mobile, cloud and web technologies across multiple industries.
Shuttleworth previously held senior technology positions at some of the largest and most respected brands across the industry. Most recently he was Director of Global Cloud Engineering at ING Bank Netherlands and,
Imagineer Technology Group, a specialist in CRM/investor relations and web reporting solutions for alternative asset managers, has partnered with investor network Harvest.
The partnership will develop synergies and additional benefits for their respective clients in the areas of marketing automation, CRM and content strategies.
“Hedge fund marketing strategies are fast evolving to meet the demands of today’s investors,” says Peter Hans, Harvest CEO. “Harvest is excited to partner with Imagineer to innovate powerful business building strategies that bring investors together with the right managers who match their investment needs.”
“By joining forces with Harvest, Imagineer will help
