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Simplify Asset Management (Simplify), an provider of Exchange Traded Funds (ETFs) designed to solve today’s most pressing portfolio construction challenges, has launched the Simplify Macro Strategy ETF (FIG).
FIG, a modern take on the balanced portfolio, will be led by hedge fund veteran Michael Green, CFA, Portfolio Manager and Chief Strategist with Simplify.
The fund is designed to be a risk-balanced portfolio of asset classes structured to pursue equity-like returns with lower volatility and will invest in equity, fixed income, and alternative ETFs and derivatives, with a trading strategy that is based on the portfolio management team’s interpretation of large
HSBC Asset Management’s (HSBC AM’s) UK-focused direct lending capability has attracted USD1bn in commitments from institutional investors in its first year.
The direct lending strategy was launched in early 2021 as part of the firm’s ambition to grow its alternatives capabilities, which now fall under a single business unit HSBC Alternatives. The direct lending capability has been developed in partnership with HSBC UK Bank plc, itself a leading originator of senior secured loans to mid-market private equity-backed companies in the UK.
The fund has supported 23 companies since launch. The investments to date are well diversified across industries and
Some 155 companies will be at risk of activist attacks in the next 18 months, according to the findings of global professional services firm Alvarez & Marsal’s (A&M) latest analysis and predictor of shareholder activism in Europe in 2022.
Fenergo, a leading provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), has launched FinCrime Risk, an application programming interface (API)-first software as a service (SaaS) solution which allows financial institutions to centralise and automate risk assessment processes and streamline anti-money laundering (AML) compliance across all business lines and geographical locations.
Kirkland & Ellis has appointed Nicole Runyan, William Tuttle, Brad Green, Erin Lett, David Marcinkus and Lisa Goldstein as partners in the firm’s Investment Funds Group.
The team focuses on advising registered funds and business development companies (BDCs) — as well as their investment advisers and independent board members — and investment banks, with a particular emphasis on products designed for high net worth and retail investors.
Runyan advises on the creation, registration and operation of registered products designed for retail as well as institutional investors. In addition to advising on more traditional open-end and closed-end fund matters, she regularly
LPA, a capital markets technology and advisory firm, has appointed Michael Gouverneur as new sales lead for Capmatix Contract Navigator.
Gouverneur is an experienced Sales Director with a demonstrated history of selling enterprise software solutions for leading capital markets firms including Planixs, Calypso Technology, Summit Systems and Thomson Reuters Kondor suite.
Working alongside LPA Chief Product Officer, Keith O’Brien, Gouverneur will be based from Frankfurt and will focus on helping new clients with their digital journey using LPA’s Capmatix Contract Navigator which provides an automated solution for complex agreements and has applications such as for syndicated loans, trade finance and
The war in Ukraine has added continued volatility to emerging markets fixed income assets. According to a study published by Vontobel Asset Management, whilst institutional investors globally are wary of the war’s market and economic impacts, they remain optimistic for the months ahead.
Vontobel surveyed more than 300 institutional investors and discretionary wealth managers globally in North America, Europe and Asia-Pacific during the first quarter of 2022. According to the survey, 72% of institutional investors across the globe were optimistic about GDP growth, inflation and bond yield premiums in European emerging markets prior to Russia’s invasion of Ukraine. However, among
The latest 13-F filings released on Monday (16 May) reveal that hedge funds Tiger Global Management, Winslow Capital Management, and Scopus Asset Management all sold their shares in Netflix prior to the company reporting its first drop in subscriber numbers in more than ten years, according to a report by Bloomberg.
Hedge fund Light Street meanwhile, sold 7,960 shares in Netflix as well as all of its 149,025 shares in Facebook-parent Meta Platforms Inc FB.O, and also almost halved its stake in Google-parent Alphabet Inc GOOGL.O while cutting its exposure to Amazon.com Inc by 10% in Q1.
Meta was also
Hedge fund manager Pelham Capital’s flagship long-short fund is now down 28% so far in 2022, having taken a 7% hit in April, according to a report by Bloomberg.
BitMEX, one of the world’s largest crypto trading platforms, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders.
The launch of the BitMEX Spot Exchange represents a significant step for BitMEX’s strategy to offer cutting edge products to crypto traders. The exchange supports seven pairs of cryptocurrencies, including bitcoin (XBT), ether (ETH), chainlink (LINK), uniswap (UNI), polygon (MATIC), axie infinity (AXS) and apecoin (APE), all against tether (USDT).
Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as
