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BTIG has added Pershing LLC, a BNY Mellon company, as a global custodian and clearing broker for BTIG’s multi-custodial and clearing Prime Brokerage platform.
With this new relationship in place, BTIG provides two custodian and clearing broker options, Pershing and Goldman Sachs Execution & Clearing, LP, for the firm’s Prime Brokerage clients and their assets.
“During our review of their offering, we were very impressed by Pershing’s technology, understanding of the operational environment and their attention to detail. This relationship will help us to continue to service our clients at the highest level, connecting them with top-tier services that help
Artisan Partners has launched the Artisan Developing World Fund. The Fund is managed by Lewis S Kaufman, founding portfolio manager of the Artisan Partners Developing World Team.
Kaufman joined Artisan Partners in February to start the new autonomous investment team. He has eight years of portfolio management experience, including the last five years overseeing a developing world strategy, and 15 years of industry experience.
Artisan Partners CEO Eric Colson, says: “We have been gradually evolving our investment strategies to reflect increasing degrees of investment freedom, which further allow our teams to manage investment risks and outcomes. The Developing World Fund—a
BNY Mellon has been appointed by alternative fund managers Saemor Capital and Pelargos Capital to provide AIFMD depositary, fund administration, and middle office and investor services for assets valued at EUR800 million.
BNY Mellon will support three existing Dutch funds in addition to the future launch of new investment products, such as Cayman or UCITS funds, on behalf of the two managers, which share an operational platform.
Patrick van de Laar, chief operating officer for both firms, says: “BNY Mellon came out first in our due diligence process in which we looked for a global service provider that could
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.
CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the People’s Republic of China, Li Keqiang, and the Belgian Prime Minister, Charles Michel.
The MoU commits both parties to fully cooperate in developing and distributing offshore RMB financial products, as well as the provision of high quality services to offshore
In this issue, we present the Lyxor platform’s direct exposure to Greek assets, as well as the Lyxor hedge fund strategies exposures to European assets – most likely to be impacted by a spillover effect, either way.
Linedata has appointed John Kiley as EVP of Sales and Co-Head of the Global Front and Middle Office Asset Management business line.
Kiley will be responsible for global business development and client adoption strategies across the Front and Middle Office product suite, including Linedata Longview, Linedata Trader+, Linedata Compliance and Linedata Reporting.
The addition of Kiley, who brings over 20 years of experience generating rapid and substantial growth in investment management software to Linedata, further reinforces Linedata’s buy side expertise and ability to meet the ongoing needs of the global client base.
Before joining Linedata,Kiley was Executive Vice
Societe Generale Securities Services (SGSS) has launched a fund distribution hub in Luxembourg to support asset management companies seeking to distribute UCITS and alternative investment funds internationally.
Asset managers can now access a broad local and cross-border network in Europe and Asia through one single fund distribution interface.
This centre of expertise supports asset managers through an experienced international team, with a proven track record in setting up UCITS and alternative investment funds, which works with local representative agent support services for fund distribution in 14 countries. The distribution hub provides the expertise required for entering complex international markets and
Jersey has attracted more than USD65 billion and distributed in excess of USD75 billion of Foreign Direct Investment (FDI) annually, adding considerable value to the global economy as a result.
That’s according to the findings of a new report commissioned by Jersey Finance, which was produced by global management advisory firm Investment Consulting Associates and entitled ‘Jersey’s Contribution to FDI’. The report identifies the strengths of Jersey’s finance industry in facilitating FDI, its contribution to the global economy and the appeal of IFCs more widely in supporting cross-border investment.
Launched at a Jersey Finance ‘Africa Investment Seminar’ held in London
Euronext is launching a new Wood Pellet commodities futures contract aimed at producers, wholesalers and retailers in the autumn of 2015, subject to regulatory approval.
This physically-settled contract targeting the residential heating sector, will allow the industry to hedge its positions.
Wood pellets, manufactured from stem wood and untreated residues from the wood processing industry, are a fast growing, sustainable source of renewable energy, particularly in Europe where 80 per cent of the residential pellets global production is sold for use in boilers, heaters and local utilities. Environmental energy policies in the European Union are increasingly favouring renewable
“If you are a hedge fund and you’ve got USD50-100 million in “peer-to-peer” loans, you may well find the analysis and monitoring of those loans takes up a significant portion of your firm’s resources. What Lendvious does is minimise the amount of human input and, thereby, minimise cost and errors,” explains Adam Braggs (pictured), Managing Director (Europe) of Crowdnetic.
Crowdnetic is an innovative platform that is able to aggregate data from two fast-growing areas of the marketplace: crowdfunded equities and marketplace lending (or peer-to-peer lending). This is proving to be a highly effective analysis tool for institutional investors as they start to allocate more capital to these new asset classes. On the lending side,
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