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The Hedgeweek USA Awards 2017 for excellence among hedge fund managers and service providers celebrate the achievements of firms that contributed to another significant year for the sector.
The winners, who were presented with their awards in New York today (21 September), were decided by a poll of Hedgeweek readers, who include both investors and managers as well as other industry professionals at firms including fund administrators, custodians, accountants and auditors, law firms, consultants and fund distributors. The final winners in both the manager and service provider categories were confirmed by the Hedgeweek team.
The industry’s achievements are reflected in the winners
Cegeka and the Amsterdam Trade Bank (ATB) have developed and delivered a blockchain solution for trade financing. Both parties expect this solution to lead to considerable productivity gains and enable ATB to further expand its operations in a market currently dominated by much larger players.
ATB is a European merchant bank focusing on the commodity value chain. The application at hand is specifically geared towards one of its core products, namely transactional lending. Whilst being the archetypal trade financing instrument, this is typically both labour and paper intensive, and, at times, associated with “traditional” (if not archaic) modus operandi.
Paris based Powernext SA, the Austrian Central European Gas Hub AG (CEGH) and Power Exchange Central Europe (PXE) have finalised their plans for the launch of the PEGAS CEGH Czech Gas Market.
All spot products and futures contracts currently available on the PXE gas market will be opened on PEGAS on the 8th December 2017.
PEGAS CEGH Gas Exchange Services, the joint venture established by Powernext and CEGH in 2016, will be responsible for the marketing and development of the PEGAS CEGH CZ products, in cooperation with PXE. All former products of the PXE gas market will be listed under
Trade Informatics, a provider of quantitative analytics and systematic trading solutions to institutional asset managers, has released the latest addition to its product suite – Peer Analysis.
The buy-side has come to rely on peer reporting to benchmark themselves relative to industry competitors and to satisfy the needs of asset owners demanding performance and accountability. Trade Informatics takes a differentiated approach to peer analysis, offering a product designed to be actionable and consumable. More than a check the box solution, the Trade Informatics Peer Analysis solution is designed to answer the questions “are any of my peers better than me? If
Fund and corporate services provider Alter Domus has launched a new third party AIFM management service offering, as it continues to enhance its vertically integrated range of services to the alternative funds market.
Alter Domus has signed an agreement to acquire Luxembourg Fund Partners, subject to the usual regulatory approvals from the Luxembourg regulator. On completion of the deal, Alter Domus will be able to provide set-up support, administration and management company services to international fund promoters.
Luxembourg Fund Partners was founded in 2009 by Luc Leleux and Julien Renaux as an independent management company focusing on integrated investment
SEC Chairman Jay Clayton has issued a statement highlighting the importance of cybersecurity to the agency and market participants, and detailing the agency’s approach to cybersecurity as an organisation and as a regulatory body.
The statement is part of an ongoing assessment of the SEC’s cybersecurity risk profile that Chairman Clayton initiated upon taking office in May. Components of this initiative have included the creation of a senior-level cybersecurity working group to coordinate information sharing, risk monitoring, and incident response efforts throughout the agency.
The statement provides an overview of the Commission’s collection and use of data and discusses
The European Energy Exchange (EEX) is planning to launch a liquid milk future in the first half of 2018, subject to the approval of the Exchange Council.
EEX will be the first European exchange to offer a liquid milk product for trading. The contract size will be 25,000 kgs and the future will be settled financially against a liquid milk index which is currently being developed by EEX.
“Generally liquid milk can already be hedged synthetically at EEX by trading butter and skimmed milk powder contracts. With the introduction of liquid milk futures we will offer an additional direct
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens.
Protos tokens will be a security issued under the exemption from registration with the US Securities and Exchange Commission pursuant to Regulation D.
The founders of Protos – Matthew Shaw (pictured), Philipp Kallerhoff, and Thomas Kineshanko – have significant experience in the funds and cryptocurrency space. They have over a decade of combined experience investing in cryptocurrencies, have managed funds of over USD1 billion and Protos will be their third
Neuberger Berman is set to enhance its quantitative investment capabilities with the addition of Breton Hill Capital (BHC), an investment firm managing approximately USD2.0 billion in client assets (at 31 August 2017).
The BHC team, based in Toronto, Canada, utilises rigorous quantitative research and proprietary technology infrastructure informed by deep capital markets experience. BHC’s solutions range across the risk and return spectrum with a focus on alternative risk premia and multi-factor solutions spanning equities, currencies, commodities, and rates. BHC manages capital for a diverse investor base comprised of institutions, ultra-high net worth individuals and retail investors across various vehicles.
Man Group has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). Two of Man Group’s investment businesses, discretionary manager Man GLG and systematic equity manager Man Numeric, have been signatories to the PRI since 2012 and 2014, respectively.
The firm is now elevating its commitment to the Man Group level, implementing the Principles across its five investment businesses – Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets – that collectively manage USD95.9 billion in client assets.
Man Group takes a diversified approach to responsible investment across its investment businesses,
