Latest News
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.
Tramondo Investment Partners (Tramondo), a bank-independent Zug, Switzerland-based investment boutique, has launched Dynamic Equity Europe, a sub-fund of Tramondo UCITS Funds.
The strategy of the Dynamic Equity Europe Fund is a carve-out of the firm’s global defensive equity strategy with active risk management, which has been trading since 2017. Focusing on Europe ex Switzerland, Dynamic Equity Europe pursues the same conservative equity approach that participates in equity markets while looking to preserve capital in turbulent times.
Tramondo has appointed Patrick Rissi, CFA, as the Lead Portfolio Manager for the Dynamic Equity Europe strategy. Patrick joined Tramondo in 2021 from UBS
Conduit Holdings Limited (Conduit) has appointed Antonio Moretti as Head of Investor Relations & Marketing, with immediate effect.
Delaware-based investment firm Palm Alliance Management is looking at opening a new office Beijing as part of its strategy to expand its hedge fund business in Asia, according to a report by TechBullion.
Trading operations at the firm have, to date, all been based in Delaware, but Palm Alliance believes establishing a physical presence in Asia is key to its expansion in the multi-manager hedge fund sector.
Palm Alliance which currently manages around $8 billion in assets, is best known for its real estate, infrastructure and private equity operations.
IDEG Asset Management Limited (IDEG), a professional digital asset manager, as debuted its T-I-M-E-S product shelf of thematic digital asset funds with strategic support from Coinbase Prime.
IDEG has added the Ethereum Enhanced Portfolio to its T-I-M-E-S product offering, following the successful launch of its Asia Bitcoin Trust and Atlas Mining Trust in 2019. The Ethereum Enhanced Portfolio is an actively managed investment vehicle tracking the performance of ether, combined with an arbitrage strategy capturing spot and futures basis to enhance investor returns while reducing the often-volatile delta exposure of the asset. The strategy aims to outperform ether
The T-I-M-E-S
Singletrack, a capital markets client engagement and analytics expert, and Glue42, a provider of integrated desktop experiences to financial institutions globally, are teaming up to give sell-side clients a better user experience, and enable end users to offer hyper-personalised client experiences.
As part of the collaboration, Singletrack will integrate its client engagement and analytics platform into Glue42’s desktop integration platform using the FDC3 standard.
2022 has been dominated by a continued shift towards data-driven advisory in capital markets. This trend demands that analytics are incorporated into the user journey and client insights are better integrated across the desktop. Also,
Copper.co, a cryptocurrency custodian and trading solutions provider, has appointed Michael Roberts, Adam Groom, Paul Barham, Ben Carr and Ross Budgen. The five join Copper with immediate effect, as the company progresses with plans to enhance its prime infrastructure offering.
Roberts will lead the new team, bringing the best part of two decades’ experience to his new role, joining from Bank of America Merrill Lynch (BAML) where he was a managing director and EMEA head of the bank’s prime platform.
He will be joined by former BAML directors Groom and Barham, who most recently led relationship management and product
Data and technology company mnAI has acquired the assets of connected data specialist Regulation Technologies Limited to further enhance mnAI’s data driven insight offering.
mnAI is a data, insight and analytics platform that uses proprietary technology to provide enhanced research, analytics and due diligence on all UK companies. Utilising cutting-edge algorithms, it specialises in building hard-to-obtain datasets, including ESG and Relational Networks, on private companies.
Regulation Technologies Limited is a provider of “connected data” solutions. It helps financial and professional service organisations to mitigate risk and enhance KYC and KYB practices with a connected dataset of all UK companies and
