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CloudMargin and AcadiaSoft have completed the integration of their respective solutions to provide real-time collateral management communication to their clients.
Using the new link to AcadiaSoft MarginSphere, CloudMargin’s clients are able to issue and respond to margin calls, manage disputes and then negotiate and process margin movements electronically with their brokers. This happens in real-time without sending emails or faxes, prevents the re-keying of data and removes the need to monitor an email inbox. Their brokers benefit hugely from greatly increased automation with their buy-side clients, lower error rates and reduced manual intervention.
CloudMargin is the cloud-based cross-product collateral management
Candriam Investors Group has appointed Guillaume Abel as Global Head of Marketing and Renato Guerriero as Global Head of European Client Relations.
Abel, who joins from Amundi Group, will begin his role to lead the Marketing department within the pan-European asset manager. He also becomes Member of the Executive Committee.
Guerriero has also become a Member of the Executive Committee.
Abel has over 17 years’ experience in the Asset Management industry as a leading brand and marketing strategist, as well as an expert in global business development for both institutional and wholesale sectors. He joins from Amundi where
The Caritas Royalty Fund has successfully navigated through the turbulent oil & natural gas markets, generating a +30% net return for investors in 2014.
Managed by Cornerstone Acquisition & Management Company LLC, the Caritas Royalty Fund invests in private oil and natural gas assets throughout the Continental US.
“We divested certain assets just prior to the oil price decline, locking in a material gain and maximising investor returns in a very difficult commodity price environment,” says Derren Geiger, Portfolio Manager of the Caritas Royalty Fund. “The recent price slide is beneficial for us moving forward as we have the ability
Neuberger Berman has launched the Neuberger Berman Global Long Short Fund as part of the firm's continued response to growing client demand for both global and alternative equity solutions.
The Fund's managers employ an active, unconstrained strategy that blends macro and fundamental stock analysis to build a global long short portfolio with daily liquidity, low minimum investment requirements, transparency, and regulatory oversight designed for mutual fund investors.
The Fund's investment team is led by Daniel Geber, who joined Neuberger Berman last year as a managing director and portfolio manager to manage global equity long short strategies. Geber is a 20-year
Virtus Partners has acquired the business and assets of Trade Settlement, Inc (TSI), a New York-based primary and secondary loan trading settlement and documentation service provider.
“We are excited about the opportunities this acquisition provides to our clients and the ever-evolving loan market,” says Kelly Faykus, Co-Founder and Managing Partner of Virtus. “The combination of Virtus’ expansive database of loan market information and TSI’s strong settlement capabilities will create substantial opportunities to reduce trade settlement times while providing more robust management reporting and a framework to enhance market liquidity.”
Virtus provides a comprehensive, integrated suite of front, middle, and back
Pensioenfonds Zorg en Welzijn (PFZW), the pension fund for the Dutch health and social sector, has announced that it will no longer be investing in hedge funds due to their ’high costs’ and ‘complexity’.
According to a statement released on Friday, PFZW said that by the end of 2014 it had ‘all but eradicated’ their use and they are not part of the the fund’s new investment policy, which was adopted last year. Under the policy, all investment categories are assessed for their sustainability, complexity, costs and their contribution to PFZW’s objective of index-linking pensions, and hedge fund investments were
Hedge funds posted gains to conclude the volatile month of December, led by contributions from CTAs, Technology and Shareholder Activist strategies, according to HFR.
The broad-based HFRI Fund Weighted Composite Index gained +0.3 per cent in December, navigating a sharp decline in Oil, Russian- and Euro-centric macro/currency uncertainty and equity volatility across both Emerging and Developed markets. The HFRI Fund Weighted Composite Index advanced +3.6 per cent for 2014, below the long-term average hedge fund industry performance of +10.7 percent, as hedge fund managers maintained conservative exposures with equity markets near record highs.
Reversing underperformance in prior years, hedge fund
Man Group has selected Thomson Reuters Accelus Org ID (Accelus Org ID) KYC Managed Service to streamline their Know Your Customer (KYC) process.
With the selection by Man Group it takes the total records managed so far by the industry’s first and only KYC managed service provider to over 12,000. The agreement also demonstrates that clients trust Thomson Reuters to develop innovative solutions for the market that reduce the financial burden of regulatory compliance while accelerating their ability to conduct global business.
“We needed a proven service provider that could deliver a KYC solution that included client on-boarding as
The trading volume at Taiwan Futures Exchange (TAIFEX) ended 2014 at a record high of 202,411,093 contracts, passing the 200 million contracts benchmark for the first time.
Comparing to 2013, total trading volume and average daily trading volume (ADTV: 816,174 contracts) in 2014 posted growths of 32.1% and 31.04%, respectively. In terms of product types, total trading volume of futures in 2014 increased 15.37% from 2013, while for options it was an increase of 38.71%. Among the four major products – TAIEX Options (TXO), TAIEX Futures (TX), Mini-TAIEX Futures (MTX) and Single Stock Futures, Single Stock Futures showed the greatest
Closed-end private real estate debt funds raised a total of USD20bn in capital in 2014, higher than in any other previous year. Andrew Moylan, Head of Real Assets Products at Preqin, comments on the state of private real estate fundraising heading into 2015:
Across the entire real estate fundraising market, it is evident that investors are still putting considerable sums of capital to work across the asset class. Aggregate capital raised across all real estate strategies worldwide reached USD90bn, just below the USD92bn raised in 2013, but is expected to increase by 10% to 20% as more information becomes available.
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