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Diversified financial services group, Ocorian, is targeting growth in the €3.88 trillion Irish funds market after being granted three new licences by the Central Bank of Ireland, making it one of just a few non-bank providers based in Ireland able to offer a full range of services for a wider range of clients.
Linedata, a global provider of asset management and credit technology data and services, has enhanced its cloud-based Asset Management Platform (AMP), further enabling intelligent automation of trading workflows.
This includes a new best execution trading solution within AMP, through collaboration with BTON Financial. The solution – Smart Broker Router – is now available worldwide to asset managers, who will benefit from automated trading workflows and data-driven decision making, thus improving trading outcomes.
Linedata’s cloud-based trading solutions enable investment managers to enjoy benefits of outsourcing such as intelligent automation, while retaining complete control over broker and execution relationships.
Linedata’s
Voyager Digital Ltd (Voyager), the cryptocurrency platform owed more than $650 million by troubled crypto hedge fund Three Arrows Capital (3AC) has commenced a voluntary Chapter 11 process to maximise value for all stakeholders.
As part of this process, the company and its main operating subsidiaries filed voluntary petitions for reorganisation under Chapter 11 in the US Bankruptcy Court of the Southern District of New York. The Company intends to seek recognition of the Chapter 11 case of Voyager in the Ontario Superior Court of Justice (Commercial List) pursuant to the Companies’ Creditors Arrangement Act.
Under the proposed Plan, which
Singapore-based cVauld has become the latest crypto lending and trading platform to suspend withdrawals and trading in the wake of the cryptocurrency market crisis, according to a report by DealStreetAsia.
Calamos Investments, a global investment management firm, has appointed Jessica Fernandez as chief marketing officer (CMO).
Fernandez joins Calamos from Invesco Ltd, where she led retail and institutional marketing and strategy for North America.
Founded in 1977, Calamos is an active investment manager that specialises in strategies designed to help investors manage market risk and volatility. The firm pioneered investing in convertible securities and liquid alternatives. Earlier this year, Calamos was recognised as Best Overall Small Fund Family for 2022 by Refinitiv Lipper.
Fernandez has particular expertise in strategic marketing and execution across various marketing functions, investment disciplines and business
Emerging managers are in a buoyant mood looking ahead to the rest of 2022 – despite renewed market volatility and economic uncertainty underpinned by the war in Ukraine and rising inflation.
The alternative investment industry has witnessed the resurgence of global macro strategies and CTAs off the back of rising inflation – in the first quarter alone, CTAs generated performance-based gains of $27.8 billion, attracting $3.3 billion in net new capital, according to data from HFR. But with the current trajectory far from guaranteed, investors are advised to maintain a diversified portfolio in the hope of lessening the impact of future shocks.
The European Energy Exchange (EEX) is entering into a partnership with the data solutions provider TYCHO Solutions to enhance transparency in the hydrogen markets.
Both parties will bring in their respective expertise to provide hydrogen-related data on the EEX Transparency Platform, by using TYCHO’s business intelligence tool NOVA.
TYCHO Solutions is a young start-up based in Mexico City which provides data solutions for renewable energy developers. The business intelligence tool NOVA is TYCHO’s latest development which has been established in collaboration with Marketz (an Enoi Group company) for collecting, analysing and keeping up-to-date information about hydrogen and related sectors.
Bridgewater Associates Inc held the greatest number of significant new short positions in the last week of June as a proportion of overall European short positions, according to the latest monthly pan-European short position data from SEI Novus.
The top 3 short positions were held in the following companies: ASML Holding NV – a Dutch multinational corporation specialising in the development and manufacturing of photolithography systems), accounting for 4.73% of total aggregated European short positions by size; SAP SE – a German multinational software corporation that develops enterprise software), accounting for 2.34%; and Siemens Aktiengesellschaft – a German multinational conglomerate
Apex Group Ltd (Apex) has acquired Darwin Depositary Services (Darwin), a provider of depositary services to Alternative Investment Funds.
Darwin, a leading independent AIFMD depositary in mainland Europe, provides services to clients based in the Netherlands and outside the EU, including hedge funds, real estate, debt and private equity funds as well as funds investing in infrastructure and renewable energy.
Apex Group currently delivers depositary services through subsidiary European Depositary Bank (EDB) in Luxembourg, Ireland, UK and Malta; the addition of the Darwin business will add €4.5bn of Assets under Depositary to the Group (as at 31 May 2022),
