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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.”
Bellinger Asset Management (Bellinger) has appointed Greg Hampton as CEO of its recently established Bellinger Credit business.
In this role, Hampton will lead Bellinger’s credit strategy, which will initially focus on further secondary market debt and lending investments in the aviation sector while also exploring credit opportunities in other real asset classes over time.
Gr Hampton eg joins Bellinger with more than 25 years of asset finance experience gained within leading global banks. He was most recently the executive in charge of National Australia Bank’s Global Asset Finance business and, prior to that, held senior roles in Asset Finance at
Bittrex, a US-based cryptocurrency exchange, has added support for USD Coin (USDC) to its list of trading pairs.
Advisor Group has selected CAIS, an alternative investment platform for independent financial advisors, to provide a platform solution for improved alternative investment access, education and transaction workflow.
