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Gridline’s new alternative asset marketplace is aiming to provide greater opportunity for individual investors and wealth managers to invest in top-tier alternative assets and fund managers.
Just as Vanguard introduced index-based investing to public markets in the 1970s, Gridline is introducing index-based investing to private markets, allowing non-institutional investors the most efficient way to gain diversified exposure to historically exclusive and prohibitively expensive private market opportunities.
Gridline’s digital wealth platform handles the traditionally cumbersome back-office management of private market investing, from treasury management to tax reporting and transparent performance monitoring, allowing fees to remain low, keeping more money in the
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has bene named as one of the founding members of the newly launched “Sustainable Trading”, a non-profit membership network to drive ESG change across financial markets.
The founding members of Sustainable Trading come from a range of companies across the financial sector, including; asset management, banking and brokerage, market making, exchanges, technology, and service providers.
The membership network is dedicated to transforming environmental, social, and governance (ESG) practices within the financial markets trading industry. It aims to bring firms together to devise practical solutions to industry-specific ESG
Global Kapital Group (GKG), a global financial services conglomerate, has appointed David Papier as Head of Institutional Sales for GKPro, its UK based B2B broker.
The appointment will be followed by further top-level hires, as GKPro continues to expand in the B2B space, the company said.
With 12 years of broking industry experience, Papier began his career at trading platform CMC Markets and went on to hold senior client management positions at ETX Capital, the derivatives provider.
The expansion of GKPro comes as GKG seeks to expand its brokerage services globally.
FCA-regulated GKPro provides foreign exchange, commodities,
The SS&C GlobeOp Forward Redemption Indicator for February 2022 measured 1.79 per cent, up from 1.52 per cent in January.
“SS&C GlobeOp’s Forward Redemption Indicator for February 2022 of 1.79per cent represents a decrease in redemption notices compared to the 2.37per cent reported for the same period a year ago,” says Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies. “Moreover, the 1.79 per cent reported is the lowest level of redemptions for any month of February since the inception of the Forward Redemption Indicator in 2008.
“This historically low level of redemptions is particularly noteworthy as it follows
Despite sharp price shocks, the upward momentum in cryptocurrencies and the broader digital asset sector has heralded eye-catching returns for hedge funds over the past 12 months, underlining the asset class’s status as a key area of focus in alternatives.
WTW has appointed Kate Hollis as Global Head of Credit, Manager Research, in its Investments business.
In this role, Hollis is responsible for a team of over fifteen people and the ratings and performance of all Credit products representing in excess of USD250 billion of assets across WTW’s global client base. She has been promoted from her role leading the Traditional Credit research team. She will remain an Investment Committee member for WTW’s alternative credit fund (Towers Watson Investment Management Alternative Credit Fund).
Hollis joins the Manager Research leadership team whose members also include Chris Redmond, Head of Manager Research;
European credit specialist AlbaCore Capital Group (AlbaCore) has launched a new solution focusing on Carbon Conscious Investing (CCI), the first European private market solution to provide line-by-line greenhouse gas (GHG) reporting for a corporate credit portfolio.
The model and methodology, developed in-house by AlbaCore, reflects the portfolio’s GHG footprint for all scenarios including when public data is not available. The GHG data is integrated into AlbaCore’s internal risk system that is monitored on an ongoing basis to continue to refine the CCI footprint analysis as data quality improves and regulatory pressure encourages more companies to report.
The CCI solution will
London Stock Exchange Group (LSEG) has agreed to acquire TORA, a cloud-based technology provider that supports customers trading multiple asset classes across global markets, for USD325 million.
Founded in 2004, TORA offers trading technology solutions. This includes an order and execution management system (OEMS) and portfolio management system (PMS) for customers trading equities, fixed income, FX, derivatives and digital assets. The addition of digital assets to LSEG’s trading capabilities strengthens its presence in this rapidly expanding asset class, at a time when institutional market participants are increasing exposure to crypto and other digital assets.
The transaction will further enhance the
The new Sustainable Trading membership network is dedicated to transforming environmental, social and governance (ESG) practices within the financial markets trading industry.
Led by industry veteran, Duncan Higgins, the network will bring firms together to devise practical solutions to industry specific ESG issues and develop a mechanism for self-assessment and benchmarking.
Sustainable Trading members will consider the environmental impact of how the financial trading industry builds, maintains, and operates trading infrastructure along with a focus on areas such as diversity, equity and inclusion, employee wellbeing, engagement with communities and a stakeholder-oriented approach to enterprise governance.
Membership of Sustainable
SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, has secured a Financial Services Permission (FSP) from Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (“FSRA”) effective as of 7 February 2022.
Following receipt of this FSP, SEBA Bank has opened an office in Abu Dhabi ADGM to strengthen support for its regional partners in the provision of regulated digital asset services.
The FSP authorises SEBA Bank to conduct regulated activities in the ADGM, including advising on investments or credit, arranging credit and custody, and arranging deals in investments; pursuant to the Financial Services and Markets Regulations
