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NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, believes that its EBS Institutional FX platform is uniquely positioned to help the asset management community address liquidity and execution requirements in advance of the MiFID II implementation.
EBS Institutional is NEX Markets’ FX workflow and trading solution catering to the specific challenges of the asset management community. The increasing need for transparency, including MiFID II obligations, requires asset managers to be able to track and justify every decision in the trading lifecycle. Meanwhile, newly required annual reporting on
US Commodity Futures Trading Commission (CFTC) Chairman J Christopher Giancarlo (pictured), has announced the appointment of Matthew B Kulkin as Director of the CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO).
Kulkin comes to the CFTC from the law firm Steptoe & Johnson LLP, where, as a partner, he advised financial market participants on legislative and regulatory issues.
“I am pleased to welcome Matt to the Commission,” says Giancarlo. “He comes with a wealth of knowledge on Dodd-Frank Act regulation and our derivatives market that will serve us well.”
“Under Chairman Giancarlo’s leadership, the CFTC is seeking
Bison, a technology provider focused on developing innovative analytical solutions for the private markets, has integrated the Cobalt GP and Cobalt LP products with Ipreo’s iLEVEL platform.
Launched in 2016, Cobalt is a software platform developed jointly by Bison and Hamilton Lane (NASDAQ: HLNE), a global private markets asset management firm. Cobalt LP is used by institutional investors, including Hamilton Lane, to understand capital flows in portfolios, diligence managers and report on portfolio performance. Cobalt GP helps fund managers service clients with custom analysis, automated reporting and powerful visualisations. With the new iLEVEL integration, Cobalt’s platform fits even more easily into
Perkins Coie has appointed Christopher J Hagan (pictured) as a partner in the firm’s Corporate practice in the Washington DC office with a focus on private equity matters and mergers and acquisitions.
“Chris is a noteworthy inclusion to the firm’s nationally recognised mergers and acquisitions practice because of his exceptional track record working with private equity sponsors,” says Nate Ford, Chair of Perkins Coie’s Private Equity practice. “Chris’s high-level of deal activity includes cross-border transactions across a range of industries including the business services, healthcare, energy, technology and manufacturing sectors. We are delighted to welcome him to the firm.”
QuantHouse, an independent global provider of end-to-end market data and trading through API based technologies, is to acquire high-speed network provider Victory Networks inc.
Victory Networks designs, implements, and manages high-speed networks for bulge-bracket banks, boutique financial firms, and hedge funds across the United States. The acquisition of these assets will expand QuantHouse’s market share and coverage in the US by adding many hedge fund clients and business partners.
Pierre Feligioni (pictured), Company Co-Founder and CEO, QuantHouse, says: “Throughout the integration process, both QuantHouse and Victory Networks have worked extremely well together. Indeed, we believe that it is the
First Derivatives (FD) has launched a raft of initiatives to put machine learning (ML) capabilities at the heart of future development for the Group’s Kx technology, in direct response to increasing interest from current and potential customers.
The new measures will accelerate delivery of pipeline opportunities in software and consulting and provide access to an increased pool of ML specialists to help increase traction in this rapidly growing area.
Machine learning is an application of artificial intelligence (AI) that allows computer systems to use algorithms to adapt to enable better outcomes, based on data rather than explicit programming. Kx
Markov Processes International (MPI), a provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, has released of Stylus Pro Version 11.3.
The new release introduces Stylus Workspace, a quantitative research framework for the analysis and monitoring of managed products, including mutual funds, exchange-traded funds, separately managed accounts, closed-end funds and hedge funds.
Workspace delivers more than 25 years of MPI’s proprietary fund analysis and factor modeling intelligence with a single click, automatically applying benchmarks, peer groups and factor models from MPI’s newly launched library when a fund is selected for analysis. Users
Private asset manager Capital Dynamics has launched a dedicated Private Credit Asset Management business led by new recruits Jens Ernberg and Thomas Hall who will be based in the firm’s New York office and have joined the company’s Executive Committee.
Capital Dynamics’ Private Credit Asset Management business will leverage the firm’s extensive fund-of-fund and co-investment general partner relationship network to originate and invest in private debt transactions for mid-market companies owned or controlled by private equity sponsors. The Private Credit initiative represents a natural extension of Capital Dynamics’ core strategic focus of delivering capital solutions to the mid-market private equity
Stroock has added experienced investment funds attorney Eric Requenez as partner in its Private Funds Group in New York.
Requenez (pictured), brings a broad-based practice, representing fund sponsors, investment advisers, investment banks and other financial institutions in connection with the structuring and distribution of public and private investment funds, proprietary products and securities offerings. He also regularly counsels investment funds and investment advisers on transactional, regulatory and compliance issues related to the Investment Advisers Act, the Investment Company Act of 1940, the Securities Act and the Securities Exchange Act, including in connection with mergers and acquisitions. Requenez joins from Morrison &
Hedge funds were up 5.12 per cent year-to-date, at the end of August registering performance-based gains of USD58.5 billion while seeing net asset inflows of USD81.9 billion as of 2017 year-to-date.
That’s according to the latest Eurekahedge monthly report which reveals that total hedge fund assets grew by USD140.45 billion over the past eight months with the industry’s total assets currently standing at USD2.37 trillion.
In what is turning out to be the best year in terms of investor allocations since 2013, arbitrage, long/short equities and CTA/managed future strategies led in terms of net flows attracting with USD14.6 billion,
