Latest News
Parameta Solutions, the data & analytics division of TP ICAP Group and a global provider of OTC market data, and data analytics and management company PeerNova have launched ClearConsensus, a transparent high-fidelity consensus network for independent price valuation (IPV).
The service improves both business resilience and regulatory response by addressing the evolving risk environments for price valuation and control groups at banks globally.
ClearConsensus combines Parameta Solutions’ Evaluated Price (EvP) with PeerNova’s Cuneiform modern technology platform. ClearConsensus is directly introducing observable transactions data via the EvP, significantly improving the fair value waterfall process. The solution provides visibility and transparency,
Apex Group, a global financial services provider, has expanded its Global Compliance Solutions offering designed for the Singapore market, which is led by newly appointed Stefan Ho, head of compliance solutions, Singapore.
Apex Group’s expanded Global Compliance Solutions team provides clients with tech-enabled compliance and AML solutions to meet their operational and regulatory obligations across international financial hubs. This single-source solution delivers efficiency, simplifies compliance and enables business opportunities from regulatory licensing support through to ongoing compliance advisory for existing and future regulatory requirements.
The launch of Compliance Solutions in the Singapore market will help to address clients’ risks
Business development and investor relations professionals at private funds are spending one quarter of their working weeks on unplanned interactions with limited partners (LPs), according to new research by Backstop Solutions.
The cloud-based productivity suite provider’s 2022 Alternative Investment Manager Productivity Survey of Investor Relations and Business Development Professionals highlights how unpredictable days and non-core tasks are impacting BD and IR professionals who are already strapped for time.
The study surveyed 103 BD/IR professionals from alternative asset management firms conducted from May 29 to June 29, 2022, with respondents coming from key segments such as private equity, hedge funds, venture
PGIM Quantitative Solutions (PQS), the quantitative and multi-asset solutions specialist of PGIM, has added to its London based team with the appointment of Dr Apostolos Katsaris as Senior Client Portfolio Manager for the PGIM Wadhwani investment platform, effective immediately.
Based in London, Katsaris reports to Dr Sushil Wadhwani, Chief Investment Officer for PGIM Wadhwani. In this newly created role, Katsaris will enhance relationships with clients and prospects on behalf of the firm.
Katsaris joins from London-based CdR Capital, where he was group chief investment officer and oversaw the investment process for their wealth business and the multi-asset systematic fund
Advisory firm Concord Management is being investigated by US federal authorities over hedge fund investments it oversaw on behalf of Russian billionaire and former Chelsea FC owner Roman Abromovich, according to a report by the New York Times.
Gen II Fund Services (Gen II), an independent private capital fund administrator, has appointed Michael Abatemarco as head of credit, effective 9 August.
Ray Dalio’s Bridgewater Pure Alpha is one of a group of macro hedge funds which are taking full advantage of headline-grabbing inflation rates to generate big returns, according to a report by the Financial Times.
Pure Alpha has chalked up a 21.5% gain in the first seven months of the year as elevated global inflation rates have brought some of their favourite bond and commodity markets traders back into play.
The yield on the two-year Treasury bond for instance has umped 0-7% to 3.1% as central banks attempt to curb consumer price growth. The report also highlights the near continuous
Hedge fund giant Bridgewater Associates has registered several trademarks in both English and Chinese to address the ‘confusion’ created by Chinese managers imitating the firm’s ‘All Weather’ multi-asset strategy, according to a report by Reuters.
JTC has launched a fund administration offering in Ireland to complement existing Alternative Investment Fund Manager (AIFM), depositary and corporate services.
Performance dispersion among hedge funds has narrowed in recent weeks, as almost 60% of managers generated profits in July – with long/short equity, event driven and relative value strategies all making gains, according to new industry data.
