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The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, has announced the results of its 2022 Global Board of Directors election.
HFA members re-elected Rajpal Arulpragasam, and elected Jagruti Bhikha, Deloris Dunk Vickers, Thejas Nalval and Richard Westmark. HFA Global Board members are all industry executives that serve for up to two consecutive three-year terms.
Global Board Election Winners:
Rajpal Arulpragasam, Global Board Member, Partnership Committee Co-Chair
Jagruti Bhikha, Global Board Member, West Coast Regional Director
Deloris Dunk Vickers, Global Board Member, Officer and Treasurer
Thejas Nalval, Global Board Member
Richard Westmark, Global Board Member, Texas
The Depository Trust & Clearing Corporation’s (DTCC) Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellon’s Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective 12 August.
La Salla’s appointment as CEO reflects the Board’s long-term succession planning and rigorous search process with the scheduled retirement of Michael C Bodson, who has served as DTCC’s CEO since July 2012.
La Salla will also serve as President and CEO of DTCC’s principal operating subsidiaries, The Depository Trust Company (DTC),
dHEDGE, a ‘one-stop interface for digital-asset management’, has launched Toros, an incubated protocol built for Polygon.
Powered by dHEDGE, Toros aggregates the safest and most rewarding inflation-hedging strategies for Polygon users, in addition to yield and liquidity vaults. As part of dHEDGE’s “Moonlight” release, the full Toros launch accompanies new management and efficiency features, including 1inch and Aave V3 integrations on Optimism and flat management fee options.
As rising inflation touches nearly every sector of public life, investors are looking to improve their yields with maximum ease, accessibility, and safety. Toros’ full launch offers investors automated strategies and structured products
DLT and cryptoassets investment specialist Aaro Capital’s DLT Multifund achieved an annual return of 177.2% in 2021, outperforming the wider crypto market (MVIS 100) by 42.8% and bitcoin by 117.7%.
The fund’s Sharpe Ratio of 2.6 was also superior to that of the MVIS 100 index (1.8) and bitcoin (0.8).
The Aaro DLT Multifund, launched in May 2020, is one of the first fund of funds seeking to exploit investment opportunities in DLT/blockchain-related technologies and cryptoassets. The aim of the fund is to deliver sustainable growth and risk-adjusted returns while protecting against the markets’ short-term volatility.
The Aaro DLT Multifund is open to professional investors only.
Transaction Network Services (TNS) can now enable hedge funds to directly access market data from all US Equity Option Exchanges, providing reduced complexity and significant cost savings.
This offering is achieved because of TNS’ mutualised exchange connections and status as a registered data vendor with all 16 Equity Option Exchanges in the US.
TNS has one of the fastest, commercially available fibre networks in the New York metro area. With complete access and control over routes, TNS’ dedicated operations teams ensure network optimization via a combination of high capacity, ultra-low-latency and maximum uptime, delivered via fully diverse circuits.
TS Imagine, a specialist in trading, portfolio and risk management solutions, has integrated its multi-asset EMS with Appital’s bookbuilding platform to provide buyside clients with greater access to liquidity.
The TS Imagine EMS integration is a crucial step to developing the necessary market structures to bring Appital’s bookbuilding platform to equity capital markets participants. The announcement follows the recent Appital collaboration with executing brokers Instinet and Bernstein and in anticipation of Appital’s launch later this year.
Appital gives buyside firms exposure to deal flow opportunities often in excess of multiple days ADV, including in highly illiquid, small and mid-cap stocks,
Shanghai Banxia Investment Management Center, one of China’s top performing macro hedge funds, has reduced its exposure to domestic stocks to xero, according to a report by Bloomberg.
The outbreak of the Covid-19 pandemic has created a breeding ground for an increase in fraudulent activity, as the world shifted to working from home and reliance on digital technology was heightened in all aspects of daily life. This underscored the need for tighter procedures and processes around detection and protection within all sectors, but especially financial services.
Preqin, a specialist in alternative assets data, tools, and insights, has launched Company Intelligence – the latest product in its private markets data offering.
Company Intelligence helps investment teams and M&A professionals to streamline and elevate their top of the funnel deal activities, by providing them with accurate and comprehensive private market intelligence on investor-backed companies.
More institutional investors are expected to enter the asset class in the coming years and to carve out dedicated allocations to diversify and scale their commitments. There are now 64% more institutional investors allocating to venture capital than there were in 2017, according to
JTC, a global professional services provider, has launched virtual Chief Sustainability Officer (vCSO), an new service to help clients achieve their environmental, social and governance (ESG) ambitions.
The vCSO offering recognises that many organisations, from fund managers and corporates, to UHNWI and family offices, are struggling to navigate the rapidly evolving ESG landscape and in particular, specific ESG regulatory and reporting requirements.
vCSO allows clients to access the benefits of a professional Chief Sustainability Officer and associated team on a flexible, outsourced basis, reducing the associated overheads. This approach provides clients with the technical knowledge and support that they need
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