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The Rohatyn Group (TRG), a specialised asset management firm focused on emerging markets, has hired former Caravel Flagship Fund portfolio manager Beidi Gu, who will be based in New York and lead TRG’s public equity investment strategies in beyond-BRIC emerging and frontier markets.
TRG CEO Nick Rohatyn, says: “Beidi’s investment approach, which targets overlooked, underresearched markets and companies, aligns well with TRG’s emphasis on investment strategies that seek to capitalise on structural inefficiency and special opportunity. The robust growth fundamentals and strong potential to add alpha through fundamental analysis and active management make beyond-BRIC equities an exceptionally compelling investment opportunity.
Jersey Finance has appointed Amy Bryant as Deputy Chief Executive Officer (DCEO).
In taking on her new role, which also sees her being appointed to the Board of Jersey Finance, Bryant (pictured), will extend her existing responsibilities as Chief Operating Officer (COO) and Head of Strategic Projects for Jersey Finance to include CEO deputising responsibilities across the entire organisation.
Having joined Jersey Finance in 2011, Bryant, who was born in Jersey, has been COO since 2014 and also leads its Strategic Projects function, which undertakes initiatives to help develop aspects of the finance industry.
Prior to that, she
Quantitative hedge fund Taaffeite Capital Management (Taaffeite) has appointed Ronald Raymond as Chief Operating Officer.
Raymond is a 21-year veteran in the asset management industry with extensive experience in hedge fund operations and compliance. Raymond will oversee Taaffeite’s operating units and capital markets execution.
“Allocators are increasing their investments into quantitative asset managers like Taaffeite who can demonstrate a unique edge and ability to generate consistent uncorrelated returns over an extended period of time,” says Dr Desmond Lun (pictured), Chief Executive Officer of Taaffeite. “Ronald’s impressive experience in building financial and operational infrastructure will be an important component in
CloudQuant, a trading strategy incubator, has launched its crowd research platform by licensing and allocating USD15 million (USD) to a trading algorithm. The algorithm licensor will receive a direct share of the strategy’s monthly net trading profits.
The crowd researcher leveraged CloudQuant’s free market simulation and python data science tools to build an effective trading strategy. The strategy began trading immediately upon approval of the licensing agreement.
“We are excited to launch CloudQuant. The launch represents the first significant funding of a crowd-based quantitative analyst thereby proving the opportunity for independent data scientists and market enthusiast to join the
Nasdaq is now offering proprietary US equity feeds from Equinix’s London International Business Exchange (IBX) data centre – LD4 – located in Slough, UK.
As part of Nasdaq’s efforts to bring US proprietary equities data to a larger audience, Nasdaq now offers Nasdaq TotalView and Nasdaq Basic from LD4. Nasdaq Basic combines Nasdaq Best Bid and Offer (QBBO), with either Nasdaq Last Sale (NLS), or Nasdaq Last Sale Plus (NLS Plus).
“We continue to focus on working closely with our clients around the world in order to help them gain secure, efficient access to our markets,” says Jeff Kimsey
Volatility management specialist Runestone Capital is to launch its first ever US fund. The systematic strategy buys or sells US equity index volatility on a one-day forward basis based on statistical probabilities.
The strategy allows investors to access pure volatility as an asset class through trading VIX related instruments such as VIX futures, exchange traded notes, and options. Historical returns have been shown to typically be uncorrelated to traditional equities and fixed income since inception in May 2015.
“The strategy has delivered returns in very different market conditions as the strategy is agnostic to being long or short and
Ultimus Fund Solutions, a provider of mutual fund, pooled investment and middle office services, has added Dina Tantra to its management team as Executive Vice President, Director of Fund Administration and Compliance.
“The legal and compliance professionals at Ultimus work closely with clients, in conjunction with our many business partners, to provide the core servicing that is expected and to enable the successful navigation of the continuously-changing regulatory arena,” says Gary Tenkman (pictured), Chief Operations Officer and Managing Director of Ultimus. “As we continue to grow, Dina will be instrumental in overseeing these aspects, along with cultivating a strategic outlook
Indus Valley Partners (IVP), a provider of technology solutions for alternative asset managers, has enhanced its own Enterprise Data Management platform to transform the way data is managed, memorialised and maintained for global asset managers.
IVP EDM incorporates state-of-the-art data smart technology and provides an enterprise data layer that comes with pre-built connectors to every major broker, trading counterparty and market data vendor. With support for asset management-specific workflows and full transparency into data lineage, by implementing IVP EDM clients can achieve best practice in data governance without undertaking a major overhaul of their legacy technology.
Every asset management
ITI Group has acquired a 100 per cent stake in Walbrook Capital Markets Limited, an FCA-regulated brokerage house providing direct access to global exchanges and bespoke wealth management services.
Employing an expert team of experienced brokers, Walbrook specialises in a fully comprehensive range of asset classes and account types including personal trading accounts, SIPPs, ISAs and QROPs.
ITI Group financed the Walbrook acquisition by a recent round of private equity investment by Da Vinci Capital and several experienced fintech co-investors.
Da Vinci Capital managing partner Oleg Jelezko, says: “ITI Group have acquired Walbrook because it is a sound
The Phelix-DE product suite, which launched on the European Energy Exchange (EEX) in April this year, has been widely welcomed by the market, and is quickly establishing itself as the new benchmark product for German power.
EEX says that increasing confidence from market participants has resulted in a significant shift of liquidity from the old Phelix-DE/AT into the new Phelix-DE contract, particularly in contracts which cover maturities following the split of the original bidding zone, which is currently planned for 1st October 2018.
In the first half of August 2017 more than 40 per cent of the volumes in
