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EFAMA has welcomed the Draft report published by MEP Isabel Benjumea, Rapporteur for the AIFMD and UCITS reviews, as an important milestone towards ensuring accessibility of capital in Europe, providing incentives to ensure growth and promoting a safe and stable environment for markets and investors.
The draft report largely validates and usefully complements the Commission’s legislative proposal which already provided a strong starting point to ensure targeted improvements are made to enhance the efficacy of the current frameworks as a means of advancing the goals of the Capital Markets Union.
More specifically, EFAMA is pleased to note the recognition given
About a third of hedge funds invest in ESG-dedicated strategies leading to investment demand being considered a ‘primary driver’ in improving ESG, research from BNP Paribas shows. One-fifth of investors plan to increase this in 2022 and a further 23 per cent are considering an investment.
Pensions remain the leaders in this space, with analysis showing how 25 per cent of public pension funds invested in ESG hedge funds along with 22 per cent of corporate pension funds.
Societal trends, greater awareness regarding the environment and equality, and efforts from governments have all pushed institutional investors in particular to want
Listed energy and commodity derivatives markets experienced major liquidity issues during the February volatility while crypto derivatives remained liquid, a new report has found.
Following Russia’s invasion of Ukraine, global bourses were sent into a tailspin with volatility not seen since the early days of Covid gripping markets.
According to the Q2 2022, Proprietary Trading Management Insight Report, produced by Acuiti in partnership with Avelacom, energy and commodity markets experienced the most liquidity issues.
The report, which is based upon a quarterly survey of Acuiti Expert Network of over 100 senior proprietary trading executives, found that a third of respondents
Allianz Global Investors US (AGI US), the US hedge fund unit of German insurance giant Allianz, is to pay USD5.8 billion after pleading guilty to fraud over the collapse of its Structured Alpha funds in 2020.
Demand for aggregating financial information and internal research in one central location has been growing. As hedge fund analysts look to manage information overload and several disparate manual research processes, an overlay of AI-processing power and content can cut research time to a fraction of what it previously was and help elicit more relevant insights.
The coming years will set the scene for technology advancements and geographic growth as clients call for an innovative and competitive alternative to incumbent providers in the prime brokerage space. Given the current volatility and additional scrutiny, reliable providers are critical to managers’ survival, particularly in the context of increasing consolidation.
James Alexander, Executive Director
Although the move to digital platforms may have seemed daunting, especially for firms which historically relied on in-person meetings, the shift has proved positive in several instances and encouraged engagement and communication in ways which otherwise may not have been possible.
“As a marketing firm which relies heavily on travel and face-to-face meetings, Aravis Capital adapted quickly to the new state of affairs,” explains James Alexander, Executive Director at Aravis Capital, “We actually feel energised by the changes we made in our move to digital platforms. We have completely overhauled our digital footprint and the way we
Sagard NewGen has acquired a majority stake in Horizon Software – a speclialist in Market Making and Algo Trading Technology – alongside a management buy-out, to support expansion into new markets and strategic capabilities.
Sagard NewGen will take over Capza’s majority stake. During the past two years with Capza, Horizon has successfully developed a single cross asset platform for market making, agency trading and algo trading, alongside with portable and scalable trading services around pricing, trading, risk, and market connectivity.
With this new investment, Horizon will focus on expanding its Trading-as-a-Service offering – bringing together agency trading and
Umberto Borghesi, Strategist, Albemarle Asset Management
A difficult market environment gives those managers able to differentiate themselves from an alpha perspective the opportunity to thrive. This also plays into the growing investor demand for high quality boutique managers, offering targeted strategies.
“This current environment is difficult, but also presents opportunities,” says Umberto Borghesi, strategist at Albemarle Asset Management, “although the increased uncertainty and its ramifications for the economic outlook are challenging, we can be best prepared for this by sticking to our process and being prepared to act both pre-emptively and after the fact, in order to generate the best possible
Apex Group is to acquire the fund services and third-party management company (Manco) business operations of Maitland International Holdings (Maitland), an international fund services provider.
