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BMLL, a provider of harmonised, historical Level 3 Data and analytics, has announced a collaboration with Aquis Exchange (Aquis), operator of Pan-European equity trading exchanges, to provide its members with insights into market structure dynamics.
Using BMLL’s granular Level 3 Data and analytics, Aquis is able to monitor and evidence liquidity dynamics and provide its members with third-party, independent verification on the availability of passive liquidity on its own venues versus other European exchanges.
BMLL offers full order book transparency by bringing together granular Level 3 Data from 65 venues across equities, ETFs and futures in one harmonised format.
Deutsche Börse has appointed SEBA Bank as new issuer of Cryptocurrency ETNs that tracks the performance of Bitcoin, Ethereum, Polkadot and other cryptocurrencies.
Since Monday, four cryptocurrency products issued by SEBA Bank have been tradable on Xetra and via Börse Frankfurt for the first time.
The four Exchange Traded Notes (ETNs) from SEBA Bank give investors easy access to the performance of the cryptocurrencies Bitcoin, Ethereum and Polkadot. In addition, an ETN tracks the performance of the SEBA Crypto Asset Select Index (SEBAX). This currently comprises the cryptocurrencies Bitcoin, Ethereum, Solana, Litecoin, Cardano, Polkadot and Avalanche.
The ETNs are physically
City Hive, the think tank and advocacy group, has launched ACT, a standard of corporate culture for investment companies, chaired by City Hive’s CEO Bev Shah, and Chief Strategist Mandy Kirby.
ACT, standing for ‘Action, Challenge, and Transparency’, is a standard of corporate culture designed to help investment companies demonstrate movement towards more diverse, equitable and inclusive firms. ACT enables companies to show alignment between external and internal values; between beliefs and behaviours.
There are 15 founding signatories to ACT, including Schroders, Lombard Odier Investment Management, M&G, Aviva Investors, Mirabaud Investments, AssetCo, Federated Hermes, WHEB, BlueBay Asset Management, Radiant ESG,
Global investment solutions provider, Russell Investments, has been selected by French pension plan, Fonds de réserve pour les retraites (FRR), as transition management partner.
FRR will utilise Russell Investments’ deep capital markets expertise and extensive trading capabilities to reduce exposure risk and execution costs when restructuring its mandates, including changes to managers, strategies, benchmarks and investment styles.
7/10 of UK adults, with at least one investment outside of their pension, say they would be more likely to choose an investment in a fund or organisation if they knew it was having a positive social or environmental impact, according to research from Big Society Capital.
AQRU plc, an incubator specialising in decentralised finance (DeFi), has surpassed $50 million in assets under management and 20,000 user signups on its proprietary yield-generating platform, AQRU.io.
The milestone was achieved five months since the platform’s launch and 39 days after the company announced that it reached ~$20 million (£16.5 million) in assets under management.
AQRU.io offers investors an easy and secure way to access and participate in the decentralised markets. The platform allows users to easily convert their fiat currency, such as EUR and GBP, into cryptocurrency and participate in staking1, which is the locking of funds to receive
The UK Equity Trustees Fund Services Board has appointed Tim Callaghan as independent director.
He brings more than 30 years of experience in managing, marketing and oversight of investment strategies as an investment specialist. He was most recently the chief investment officer and lead manager of the Globersel Pactum Natural Resources Fund at Nextam Partners Ltd.
Callaghan is a Certified European Financial Analyst and holds a BSc (Hons) Chemistry with Management from King’s College London University.
Hedge funds trading technology companies endured a bumpy start to 2022, with bets on a slew of blue-chip stocks souring as investors took flight amid fears of rising inflation and interest rates coupled with concerns over US economic growth.
Marshall Wace maintained its position as the manager with the greatest short exposure in April, accounting for 21.99% of registered short positions (up from 15.69% at the end of February), according to the latest monthly pan-European short position data from SEI Novus.
BlackRock Institutional Trust Company accounted for 9.06% and AKO Capital LLP for 8.07%.
Marshall Wace has over double the proportion of aggregated short positions of the manager with the second highest European short exposure. Marshall Wace is short a number of prominent retail names such as Adidas, H&M, Burberry, Hello Fresh and Dutch supermarket, Ahold Delhaize and
Engagement strategies employed by fund managers, which are designed to force companies to pollute less, are a ‘collective failure’ according to hedge fund boss Chris Hohn.
A report by BNN Bloomberg quotes the TCI Fund Management chief executive at this week’s Bloomberg Intelligence ESG Investment Forum in London as saying: “We should stop pretending and be honest. The acid test is actual emissions, are they falling or are they rising? And they’re rising. And that’s where the rubber hits the road.”
