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Diligend, a cloud-based due diligence software provider for asset allocators and managers has partnered with Suite2Go, a specialist consultancy headquartered in Australia that connects FinTechs with financial services organisations.
SphereInvest Group (SphereInvest), privately-owned, specialist Investment Management company, has marked the 10-year anniversary of its Global Credit Strategies Fund, which commenced trading on 2 July 2012.
Over the last decade, the Global Credit Strategies Fund has consistently outperformed peers, delivering a Sharpe of 1.3 since inception and has been recognised for its strong, risk adjusted performance, being nominated for a number of industry awards.
The fund is a dynamically traded, unconstrained and opportunistic fixed income fund, which invests across a globally diversified, high conviction portfolio of corporate bonds and, at times, short-duration US Treasuries.
Managed since inception by
Horizon Software, a provider of electronic trading solutions and algorithmic technology, has appointed Olivier Masdebrieu as chief technology officer (CTO).
Masdebrieu, who joins from rival trading systems vendor Itiviti, will be responsible for continuing to develop Horizon’s technology platform and leading global teams to deliver new generation of strategic solutions. He will oversee the engineering teams to help them grow and become more efficient and resilient.
Throughout his career, Masdebrieu has served as global head of Index and Structured Product Electronic Trading for Morgan Stanley in London and Hong Kong, where he also held the positions of managing director
Bitpanda Custody has joined the Bosonic Network to meet the growing demand from institutional clients for a UK-based digital asset custodian.
Bitpanda Custody (formerly known as Trustology) will also join the ‘Bosonic Cross Custodian Net Settlement (CCNS) Working Group’ as Bosonic prepares to launch the service later this year. This will be an industry first, and set a new standard for payment versus payment (PvP) atomic swap settlement and netting across an institutionally aligned and global network of independent custodians, eliminating counterparty credit and settlement risk between these institutional players.
Confidence levels reported by hedge funds remain upbeat despite continued economic and geo-political headwinds impacting the global economy, according to the AIMA Hedge Fund Confidence Index for Q2 2022.
The average measure of hedge fund confidence in the economic prospects for the coming 12 months is +17.8, just under one point higher than the score reported in the first quarter of the year.
The index is based on a poll of 360 hedge funds, accounting for approximately $2.3 trillion in assets.
In terms of performance, hedge fund returns continue to be mixed, with some fund strategies experiencing a challenging start
MerQube, a specialist in the development of cutting edge technology for indexing and rules-based investing, has appointed Roby Muntoni as chief commercial officer.
Muntoni brings over 25 years of experience in the asset management industry, with a proven track record of leading commercial growth strategies globally, with long term revenue-generating potential.
Muntoni will be responsible for MerQube’s commercial growth, aligning the growth of its innovative and agile technology with the demands of a rapidly changing investment landscape.
FFL Partners (FFL), a private equity firm focused on growth investments in tech-enabled business services and healthcare companies, has completed a strategic growth investment in Abacus Group (Abacus), a financial services-focused IT Managed Services Provider (MSP) specialising in hedge fund, private equity, venture capital and family office clients.
Troubled cryptocurrency hedge fund Three Arrows Capital is in liquidation following a ruling by a court in the British Virgin Islands (BVI), according to a report by Sky News.
Partners from BVI-based Teneo have reportedly been lined up to deal with the insolvency of the Singapore-based firm, which has been making headlines since getting caught up in the chaos of the recent crash in the value of cryptocurrencies.
Three Arrows Capital, which was set up in 2012 by Su Zhu and Kyle Davies, was issued with a default notice earlier this week by Voyager Digital after failing to repay loans
DataArt, a global software engineering firm, has secured a $75 million minority growth investment from FTV Capital, a growth equity investment firm with over two decades of experience in enterprise technology.
DataArt will use the new funding to accelerate its strong momentum, scale its global delivery capacity and secure its position as the leading provider for custom cloud and data software services.
With over 25 years of experience, DataArt is a trusted partner to many of the world’s leading brands, including Intersport, NASDAQ, Priceline and Unilever, among others. DataArt is uniquely positioned to address surging demand for enterprises