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Harvest Global Investments, a Chinese and Asian markets asset manager, has launched its first UCITS-compliant sub-fund, Harvest China Evolution Equity Fund.
The fund will primarily invest in equity or equity-related securities and will provide investors with access to all Chinese investment channels, including Hong Kong listed securities, China companies listed as ADRs and domestic A-share stocks via the stock connects.
The fund will be managed by Yannan Chenye, portfolio manager and head of China research at Harvest. Chenye joined Harvest in 2015, from Amundi Asset Management, where she was the Greater China investment manager. The investment team implements an
Independent trust, fund and corporate services provider Crestbridge has established a presence in the GCC following its acquisition of Ohad Trust, a Bahrain-based trust, fund and corporate services provider in Manama.
With regulatory consent having now been received from the Central Bank of Bahrain, Ohad has become part of the Crestbridge Group, which also has complementary offices in Jersey, London, Luxembourg and the Cayman Islands.
A full rebranding of Ohad is planned for later in 2017 to bring the business fully under the Crestbridge brand.
Ohad was the first licensed provider of trust services in Bahrain when in
Wall Street Horizon’s Enchilada corporate event dataset is now available through Interactive Brokers’ IB Trader Workstation (TWS) platform.
With this collaboration, tens of thousands of traders and investors can now access Enchilada’s comprehensive forward-looking and historical corporate event data for 5,000 North American companies.
The platform tracks more than 40 different event types including earnings dates, dividend dates, splits and investor related conferences, which are available via a web-based application or direct data feed.
“We aligned with Wall Street Horizon in 2010 because their feeds were far and away the most accurate and timely, and we are pleased
The Central European Gas Hub (CEGH), located in Vienna, is already the reference market in Central Eastern Europe (CEE), according to a paper from Powernext, operator of the pan-European gas trading platform PEGAS.
Powernext published the position paper in response to a study initiated by E-Control on the performance of the Austrian gas market and the impact potential market area integrations.
An integration with neighbouring markets like Slovenia, Slovakia and Croatia could further bundle liquidity in CEE and reduce dependency on oil-indexed contracts.
The study on potential market area mergers has been conducted by the independent consultant WECOM.
The Financial Conduct Authority (FCA) has appointed its new Skilled Person Panel, effective until 2021.
The panel is a supervisory tool, used by the financial watchdog to carry out independent reports, known as a s166 review, where there are specific concerns about a regulated firm’s activities.
The reviews have been used to tackle heavyweight cases including closer examinations of restructuring deals and alleged money laundering.
Firms issued with a s166 Requirement Notice need to select one of the appointed providers from the panel to carry out the Skilled Persons review. A skilled person must have the necessary expertise
Quaero Capital has appointed Francesco Samson as its group chief operating officer, as of 1 April, subject to Swiss Financial Market Supervisory Authority FINMA’s approval.
Samson joins from Brevan Howard in Switzerland, where he was head and chief operating officer of the Geneva office and a member of the executive committee of Brevan Howard Investment Products in Jersey. He has considerable experience in the asset management business, built up over more than 20 years.
Prior to his last post, he spent 10 years at Nyon-based EIM SA, where he was partner, group chief operating officer and member of the
eVestment, a provider of institutional investment data and analytics, has launched the eVestment iPhone app.
The app pulls from eVestment’s SaaS-based Analytics platform and allows users to see and use high-level summaries, charts and graphs highlighting research, competitive analysis and due diligence across traditional long-only and hedge fund investment vehicles.
The app is available free in the Apple App Store for all users with an existing eVestment Analytics subscription.
“Smartphones have changed how business people consume and retrieve data: they expect information to be easily accessible, easy to use anywhere and anytime and on their device of choice,”
By Dami Oloidi, Meyler Capital
Sonar for ships: Sonar technology is used by ships to map the ocean floor. First, sound signals are sent out, via a transmitter, in the direction of the ocean bed. Secondly, the signals reach the ocean bed and bounce off whatever object they touch. Finally, they reflect back to a receiver to transform the sound signals into an image of the ocean bed.
Underwater features closer to the ship take less time to reflect back to the receiver, as opposed to features further away from the ship. This time differential is used to map the valleys and mountains ranges
Nodal Clear, the clearing house subsidiary of Nodal Exchange, has been recognised by the European Securities and Markets Authority (ESMA) as a third-country central counterparty (CCP) under the European Markets Infrastructure Regulation (EMIR).
Under European law, third-country CCPs must receive recognition from ESMA to be deemed a Qualifying Central Counterparty (QCCP).
European bank affiliated clearing members may receive favourable capital treatment for their exposures arising from derivatives cleared though a CCP that is considered a QCCP such as Nodal Clear.
“Recognition by ESMA will permit Nodal Clear to continue to provide capital efficient risk management solutions to our
Public Pension Capital (PPC) and FiveW Capital, together with existing management, have acquired Viteos Fund Services, a provider of middle‐ and back‐office technology and services for the investment management industry.
The transaction brings together a group of financial and strategic investors experienced in building and growing technology and service providers.
The Viteos management team will continue to lead the company.
Viteos, founded in 2003, provides customised straight‐through‐processing and integrates post‐trade operations for the investment management industry in the US, Europe and Asia. It provides shadow‐accounting services and offers a full range of middle‐ and back‐office outsourcing through its
