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Sustainable Trading, the non-profit organisation dedicated to transforming ESG practices in the trading industry, has welcomed an additional 11 financial services organisations into its membership network.
Capital Group, Cboe Europe, Citi, Cowen, Fidelity International, Fidelity Management & Research Company, Goldman Sachs Asset Management, Goodbody, Northern Trust, Verne Global and Wellington Management join Sustainable Trading, demonstrating a collective commitment to driving positive ESG change in their own businesses, and to drive change right across the industry.
This expands the group of members to 41 financial services organisations.
Exegy Incorporated, a provider of front-office trading solutions differentiated by hardware acceleration, predictive analytics, and premium managed services, has acquired Enyx, a developer of FPGA-based, high-performance trading solutions.
The hedge fund Tiger Global has lost $17 billion throughout this year’s tech selloff, one of the biggest dollar declines for a hedge fund in history, according to a report from the Financial Times.
BTIG Limited has appointed Andrew Jarman as managing director of Fixed Income Credit sales and trading team.
Jarman will enhance the existing credit business that provides quality liquidity solutions for BTIG’s global customer base.
He brings more than 20 years of experience to the firm, and prior to BTIG, he was a founder and managing director at Sigered Financial Markets
As his hedge fund experiences record losses amid a sharp decline in stocks, Alister Hibbert, BlackRock’s $100 million money manager, has turned bearish, according to a report from Bloomberg.
Since the collapse of a group of its hedge funds two years ago, Allianz SE has lost a total of $5.9 billion, with investors claiming to have lost billions from the fund collapse, according to a report from Bloomberg.
A recent report from IG Prime has found only 15% of senior management team members in hedge funds are women across the globe.
North Rock Capital Management LLC, the US hedge fund ($3 billion AuM) is opening its first Asian office in Hong Kong, according to a report from Bloomberg.
The hedge fund has opted not to follow suit, despite years of political unrest and Covid-19 restrictions in the city, and has recruited former Credit Suisse prime broker, Simon Chow, to lead the new project.
Exabel, a data and analytics platform for investment teams, has partnered with People Data Labs (PDL) to deliver a powerful new insights capability for PDL’s investment research clients.
The People Data Labs Insights Platform will provide hedge funds and asset managers with curated insights based on the largest B2B people dataset available on the market.
This offering will provide users with easy to navigate dashboards, visualisations and KPI monitoring capabilities, and aid in the idea generation process by flagging trend shifts in People Data Labs’ datasets.
Goldman Sachs Asset Management has been appointed to provide fiduciary management services to two UK pension schemes within the Short Brothers Common Investment Fund (Common Investment Fund) with assets totalling £1.6 billion.
