Latest News
Confidence levels among hedge fund mangers remain resilient despite the war in Ukraine, Russian economic sanctions, and global inflationary concerns, according to AIMA.
Professional investors want to see improvements in regulatory compliance and custodial services for tokenised assets, new global research from tokenisation platform Token City shows.
The study, conducted among professional investors in France, Spain, Germany, Switzerland, and the UK who are responsible for around $546.5 billion in assets under management, found around a third (31%) of professional investors are very concerned about regulatory compliance in the market while 60% are quite concerned and just 9% are not concerned.
Moreover, more than half (51%) are very concerned about custodial services for tokenised assets while 24% are quite concerned. Just 22% are not
As the US government advances its analysis into the risks and benefits of a Central Bank Digital Currency (CBDC), The Depository Trust & Clearing Corporation (DTCC), has developed a first prototype to explore how a CBDC might operate in the US clearing and settlement infrastructure leveraging distributed ledger technology (DLT).
The prototype, known as Project Lithium, will measure the benefits of a CBDC and inform the future design of the firm’s clearing and settlement offerings. It will also explore how a CBDC could enable atomic settlement, a conditional settlement that occurs if delivery and payment are both received at the
Stifel Financial Corp, Eaton Partners – a Stifel Company – and RCP Advisors (RCP), a subsidiary of P10, Inc. (NYSE: PX), today announced the launch of Twelve Degrees, a strategic partnership focused on investing in and providing capital solutions to leading emerging and first-time alternative investment fund managers.
Twelve Degrees will combine Eaton’s capabilities as one of the largest global placement agents and financial advisory firms with RCP’s access to lower-middle-market private equity fund managers. Twelve Degrees will provide flexible capital solutions, strategic advice, back-office infrastructure, access to broader Stifel banking services, and global distribution, capital formation, and marketing capabilities
More alternative investment funds (AIFs) are being marketed to EU investors through Jersey using National Private Placement Regimes (NPPR) than ever before, according to the latest figures.
Recent data from the Jersey Financial Services Commission (JFSC) for the period ending 31 December 2021 shows that there are now 374 alternative investment funds, including private equity, venture capital, real estate and infrastructure, being marketed into the EU through Jersey via NPPR – a rise of 9% over the previous six months and 47% over the past five years.
In addition, the figures show that there are now 201 Jersey-registered alternative managers
After two years of virtual introductions, are capital introduction services still a cornerstone of the prime services industry in the way they were pre-pandemic?
Dispersion among hedge fund performance is at its widest since the financial crisis of 2008, according to a report by The Financial Times.
BNP Paribas Asset Management (BNPP AM) has appointed Olivier Laplénie as Head of Quantitative Portfolio Management. Based in Paris, he will report to Denis Panel, Head of Multi-Asset, Quantitative & Solutions (MAQS).
BNPP AM is combining its two quantitative business lines under unified leadership in order to accelerate its growth in quantitative management and simplify its organisational structure. Alongside his current role Head of Quantitative Fixed Income, Laplénie has been appointed Head of Quantitative Portfolio Management, combining quantitative management across bonds and equities, with assets totalling more than €13 billion.
Derivatives marketplace CME Group has announced a new regional leadership structure to support its growing international business in Europe, Middle East and Africa (EMEA) and Asia Pacific.
The new structure is designed to enhance the company’s ability to provide local expertise and globally relevant products and services that meet the diverse risk management needs of its clients around the world. Reporting to Derek Sammann, Senior Managing Director, Global Head of Commodities, Options and International Markets and a member of the CME Group Management Team, the following executives have been appointed to new roles:
Michel Everaert, has been named Managing Director
A hedge fund manager who profited to the tune of $700 million by betting on GameStop is now backing oil and gas companies which he believes are on track for strong gains, according to a report by The Financial Times.
Richard Mashaal, co-CIO at Senvest Management in New York who racked up gains of 86 per cent in 2021, is reported as revealing that 25 per cent of his $3.3 billion portfolio is now committed to positions backing fossil fuel stocks.
Hedge fund interest in oil and gas companies has increased as more mainstream ESG-focused institutional investors have exited the sector.
