Latest News
Gloria Pfaue and Andreas Heuer are to be the new managing directors of Eurex Bonds with effect from 1 July 2014.
The Deutsche Börse subsidiary is an electronic trading platform for fixed-income securities and treasury discount papers between banks.
Business administration graduate Pfaue has been a consultant for Eurex Bonds since 2010. Prior to that, she was responsible for the German-speaking region at EuroMTS in London, and spent over ten years in various specialist and management roles at the Unicredit Group.
Business graduate Heuer spent 14 years in various management positions within Deutsche Börse Group, where he in
RWC has appointed Matteo Cianfoni and Roderick Loffler to its sales team to bolster resources in Italy and the UK.
Cianfoni, who will join RWC in August, was responsible for Italian sales at GLG for almost five years having previously worked at Morgan Stanley in the equity derivatives division.
Loffler has been at RWC for three years and joins the sales team from his previous role within client services.
In addition, RWC recently hired Jillian Smythe and Flora Summerfield. Smythe worked at Plurimi Capital having spent more than four years at Bank of America Merrill Lynch in Prime Brokerage.
Last year, 26 out of 32 specialised funds, designed to invest in small and mid-sized enterprises (SMEs) and provide a much-needed alternative source of funding, launched to invest in Europe. This would suggest that Europe represents a significant opportunity for asset managers and shows that the loan and private debt market is really starting to build traction.
These (typically) closed-ended vehicles now account for 40 per cent of the funds dedicated to financing European companies.
At least that is according to a report released this spring by Bologna-headquartered Prometeia; a 400-person consulting company specialising in business consulting, risk management,
The Association of the Luxembourg Fund Industry (ALFI) and the Asset Management Association of China (AMAC) have signed a memorandum of understanding (MoU) designed to deepen their collaboration.
The agreement focuses on developing activities to create mutually beneficial opportunities for the fund industries in both countries.
Luxembourg is the second largest investment fund industry in the world after the US and a valuable partner for the Chinese asset management industry in its strive to diversify internationally.
The agreement was signed in Beijing by Marc Saluzzi, chairman of ALFI, and Sun Jie, chairman of AMAC, on the sidelines of
The mutual fund that helped launch the liquid alternatives product category, IndexIQ’s IQ Alpha Hedge Strategy Fund, is celebrating its sixth anniversary.
The fund was the first no-load, open-end hedge fund replication mutual fund.
“The launch of the IQ Alpha Hedge Strategy Fund was a key moment for us in the development and evolution of our firm, as well as for what was then the nascent ‘liquid alternatives’ product category,” says Adam Patti, chief executive officer at IndexIQ. “In the ensuing six years, financial advisors, retail investors, and institutions have all come to embrace liquid alternatives, and the diversification,
BNY Mellon Investment Management has launched the BNY Mellon Absolute Insight Fund, an Irish domiciled UCITS absolute return fund with daily liquidity.
The fund is managed by Insight Investment.
Working in partnership, BNY Mellon and Insight have developed a global multi-strategy UCITS fund that invests across a range of absolute return strategies based on the Absolute Insight range and managed by Insight’s specialist equity, fixed income and multi-asset teams. Each of the underlying strategies is actively managed on an absolute return basis targeting a positive return with very low correlation to equity markets.
The BNY Mellon Absolute Insight
Sancus Capital, a hedge fund that specialises in diversified credit products, has hired Shelly Baldwin as business development and investor relations manager.
Baldwin is reuniting with her ex-Goldman Sachs colleagues at Sancus where her primary focus will be new business development.
Baldwin was most recently at Varadero Capital where she was focused on investor relations. She also held a marketing role at AXA and spent eight years as a quantitative analyst at Goldman Sachs.
“We are pleased to have someone with Shelly’s background joining Sancus. Shelly’s depth of experience in investor relations and business development is exceptional,” says
Thomson Reuters and ICAP Information Services (IIS) have renewed a distribution agreement which adds new electronic data sources to the 19901 service – a reference source for USD interest rate swaps and US Treasuries.
The 19901 service now provides Thomson Reuters clients with exclusive access to a leading swap data service using the following ICAP data sources: i-Swap, the electronic platform powering ICAP’s swap execution facility (SEF); the voice brokered “request for quote” swap market; and executable prices for US Treasury securities from fixed income electronic trading platform BrokerTec.
Market participants using Thomson Reuters Eikon, the company’s flagship financial
KNEIP, a service provider for the fund industry, has partnered with AssetLogic to launch the Fund Information Network.
Fund data management is ultimately the responsibility of the asset manager. For over 20 years, KNEIP has helped asset managers and administrators manage their fund data and documents to regulators, distribution networks, data vendors, platforms, and investors. But getting accurate data upstream within the asset manager’s ecosystem remains a challenge.
The Fund Information Network is an infrastructure that allows firms to share their fund data without replication. Instead of relying on emailing spreadsheets, which can result in errors and security breaches,
The US Commodity Futures Trading Commission (CFTC) has submitted for publication in the Federal Register a 30-day extension of the comment period for two rulemakings.
The rulemakings are:
A proposal to establish speculative position limits for 28 exempt and agricultural commodity futures and options contracts and the physical commodity swaps that are economically equivalent to such contracts; and
A proposal to amend existing regulations setting out the Commission’s policy for aggregation under its position limits regime.
The position limits proposal was originally published in the Federal Register on 2 December 2013, and the aggregation proposal was originally
