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Hedgeweek has announced the winners of the Hedgeweek European Awards 2022, which recognise excellence among fund managers and service providers in Europe across a wide range of categories.
By Angele Paris – The hedge fund industry began 2022 on a high note, with more than USD4 trillion in capital as managers steered the volatility and uncertainty of the protracted Covid years and the growing inflationary environment.
Start-up managers have always had to fight for attention, but in an environment which now champions virtual due diligence, standing out from the crowd has become even more of a challenge. These groups have been partnering with outsourced trading firms to help them gain insight which can give them an edge in a crowded market. More emerging managers are also engaging the services of outsourced trading providers as they begin to understand the value such a service can provide.
The hedge fund industry in the US has witnessed a surge in crypto currency and digital assets funds being launched by experts in the technology sphere but who often have little experience of the financial and fund management world. This emphasizes the need for extensive support from service providers and the additional guidance these businesses may need to steer a successful launch.
The IT and cyber security infrastructure of a start-up fund is instrumental to its fate and can be key to determining whether it fails or succeeds. Therefore, a consultative approach in this regard can ensure their framework is fit for purpose and can effectively support the fund’s growth objectives.
By Ebony Myles-Berry – Increasing regulatory scrutiny on an international and political front has put the Cayman Islands’ financial services industry under a great deal of pressure. However, as the jurisdiction progresses in strengthening measures to tackle money laundering and terrorist financing and aims to be removed from the FATF monitoring list, the Cayman Islands reinforces its ability to adapt in the face of change and keep its financial sector competitive.
By Vanessa Rose – ESG (Environmental, Social, Governance) investing is one of the fastest-growing investment themes on the global corporate agenda with 77 per cent of institutional investors considering ESG factors “an integral part of sound investing.”
Between 2015 and 2020, ethical investing – to the extent that it can be tracked – grew tenfold. Morningstar reports that ethical ESG focused investors invested USD51 billion in ethical funds in 2020, vastly increased compared to USD5 billion in 2015. The investment world’s attitude is evolving from a negative screening approach to positive screening where investors are looking for funds with a robust ESG
By Angele Paris – The past year has been far from straightforward, with a shifting business landscape, sustained fallout from the Covid-19 pandemic plus global uncertainty and volatility causing upheavals. But despite the challenges, the Cayman Islands financial services industry has continued to prove its resilience and flexibility – weathering the storms.
“As of December 2021, there were 27,398 regulated funds, compared to 24,591 the previous year. This increase included a growth in the number of both regulated mutual and private funds of 6.9 per cent and 15.6 per cent, respectively,” noted Cindy Scotland, managing director of the Cayman Islands
Global fintech specialist Broadridge Financial Solutions has appointed Mike Sleightholme as President of its Asset Management Solutions business.
Sleightholme will be responsible for driving Broadridge’s global asset management business growth, the strategic execution of client and market-focused solutions, and world-class service delivery.
Broadridge Asset Management Solutions supports hedge funds, asset managers, family offices, private debt/CLO managers, private equity funds, prime brokers and fund administrators with the technology and services to power investment operations.
Most recently, Sleightholme spent five years with SS&C Technologies where he served as CEO and General Manager of its DST Systems business. Prior to that, Sleightholme spent
Complus Asset Management has appointed former Standard Chartered in Singapore trader and executive director, Siddhartha Soni, according to a report from efinancial careers.
