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Metori Capital Management has selected QunatHouse’s QuantFACTORY to automate its trading portfolio.
QuantHouse provides end-to-end systematic trading solutions including QuantFEED, its ultra-low latency market data technologies, QuantFACTORY, its algo-trading development framework and QuantLINK, its proximity hosting and order routing services. QuantHouse helps trading venues, hedge funds, market makers, proprietary desks, brokers and sell-side firms achieve optimal trading performance.
Metori Capital was set up by former executives of Lyxor Asset Management as an independent firm to manage the EPSILON funds worth circa EUR400 million. Metori Capital will be managing the EPSILON funds through its automated trading portfolio technology based on
Euronext has announced the new composition of its Tech 40 label, which recognises 40 innovative European small and mid-cap companies listed on its markets.
This year, 12 new companies are entering in the new label composition, selected by a group of independent European experts, based on capital markets, economic and financial performance criteria. The companies are also added to the index, composed exclusively of the labelled Tech 40 stocks.
Euronext launched the Tech 40 label two years ago to increase the exposure of promising tech companies that are listed on its markets. The index for these shares rose by
Man Group has reported what it describes as strong performance for the first quarter of 2017 with funds under management (FUM) totalling USD88.7 billion at 31 March 2017, up from USD80.9 billion at the end of December 2016.
Net inflows in the quarter totalled USD3.0 billion, driven by strong inflows into discretionary long only and fund of fund alternatives, while the company also saw positive investment movement of USD2.2 billion in the quarter.
Positive FX movements of USD0.8 billion in the first three months of the year quarter were driven primarily by the weakening of the US Dollar against
Conway Investment Research has acquired operational control of the Guggenheim Alternatives Platform from GP Feeder Fund Management.
The platform, which provides qualified investors access to global alternative investment solutions, is now known as the Conway Alternatives Platform.
Conway is a St Louis-based registered investment adviser which provides customised investment research and solutions to its clients including multi-family offices, wealth management groups, trust companies, financial planning firms, endowments and foundations. The firm was established by a team of investment professionals to offer capital markets research, dynamic asset allocation modelling as well as due diligence and monitoring of top money managers
Abacus Group, a provider of hosted cloud IT solutions for alternative asset funds, added 25 new clients in the first quarter of 2017, including a large institutional investor with multiple offices in the US, UK and Asia.
During the quarter, Abacus doubled its revenues as compared to the last quarter of 2016.
“The growth of Abacus in the alternative asset management space continues at a rapid pace,” says CEO Chris Grandi (pictured). “During the past quarter, we expanded our new data centres in London and in Dallas, increasing our data processing capabilities and capacity to meet the analytic demands
Principal Global Investors has expanded its presence in Europe with the opening of an office in Zurich.
Principal now has offices in four European locations in London, Amsterdam, Munich and Zurich.
The Zurich office is headed by Martin Bloch (pictured) who has been appointed country head and will lead Principal’s development in the Swiss market. In this role, he is responsible for building relationships with financial intermediaries and institutional investors.
Bloch has almost three decades of experience in the asset management industry and joins Principal from Robecco NV/RobecoSAM, where he served as country manager, head of sales in
Dash Financial Technologies has appointed Ari House as chief financial officer.
House has spent nearly 20 years working in various capital markets roles and has accumulated extensive experience operating private equity-backed software and information services businesses.
He joins Dash from The Association of Certified Anti-Money Laundering Specialists (ACAMS), where he served as chief financial & corporate development officer. During his tenure at ACAMS, he was instrumental in managing the firm’s growth and eventual acquisition by Becker Professional Education, a subsidiary of DeVry Education Group.
Prior to that, House served as director of financial planning & analysis/corporate development for
CloudMargin, creator of a web-based collateral and margin management solution, has appointed Laurence Jones and Marc Desanges to further the firm's sales efforts globally.
Jones, now CloudMargin sales executive in New York, joins the US sales team with 12 years of experience in operations management and leadership across collateral, clearing and over-the-counter derivatives.
Desanges, based in London, is sales executive in charge of business development for French-speaking countries and southern Europe. He is multilingual.
CloudMargin global head of sales Karl Wyborn (pictured) says: "We are thrilled to bring Marc and Laurence on board, and we know that their
Alternative asset managers saw an increase in “complexity” during the first quarter of 2017, with 152 managers, or 2 per cent, moving to a high complexity profile in their operational and business model, according to Convergence.
The increase in complexity was led by hedge funds, with 78 funds moving to high complexity, compared to 34 private equity funds, 10 real estate funds, and 28 “other category”.
Convergence assesses manager risk by tracking and monitoring 40 business and operational factors, including internal valuation, self-administration, and qualified audits. Convergence data has demonstrated a strong historical correlation between growth in fund complexity
FinTech company NEX Group is planning to relocate its New York and London offices at a time of significant change for the business.
From the end of April, the NEX Group businesses in New York will relocate to new offices at 4 Times Square. Formerly known as the Condé Nast Building, NEX will occupy 82,400 square feet in the building.
In newly designed offices which have been developed with the NEX brand in mind, the new office will bring all of NEX's New York businesses under one roof for the first time and will allow the company to be
