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Vibrant Capital Partners has added to its Structured Credit Investment and Business Development teams with two hires.
Brummer & Partners’ flagship multi-strategy hedge fund vehicle ended last month in marginally positive territory, as solid gains made by its systematic trend-following managers were set against hefty losses in its fixed income relative value exposures, which were hit by short-term interest rate surges in Sweden.
The Brummer Multi-Strategy (BMS) fund made a 0.2 per cent gain in its SEK and USD classes during October, but it remains down 0.3 per cent over the 10-month period since the start of January. The twice leveraged BMS 2xL version gained 0.3 per cent last month, but year-to-date it also is languishing in
Exabel, a data and analytics platform for investment teams, is partnering with ExtractAlpha to deliver a new insights platform for ExtractAlpha’s investment clients.
The ExtractAlpha Intelligence Engine will give portfolio managers and hedge funds additional insights based on ExtractAlpha’s diverse alpha signals. The platform delivers user-friendly dashboards, visualisations and KPI monitoring capabilities, with a focus on TrueBeats – ExtractAlpha’s advanced earnings and sales surprise forecasting model. This assists investors in idea generation and fundamental analysis by spotting trend shifts in ExtractAlpha’s data. Partnering with Exabel gives alternative data vendors a compelling extra presentation and monitoring layer that investors value, utilising
Corinthian Digital Asset Management, a diversified digital assets offshoot of London-based crypto arbitrage hedge fund Argentium, has named ex-Macquarie and JP Morgan equity research head Peter Redhead as partner and chief operating officer.
Redhead joins as Corinthian, which was established by Argentium founder Paul Frost-Smith, prepares to open its debut hedge fund strategy Chiron to external capital in February 2022.
Redhead previously spent more than five years at Macquarie Global, most recently as global head of equity research. Earlier, he had been managing director and head of EMEA equity research and head of Asian equity research at JP Morgan.
Over
Sterling Trading Tech (STT), a specialist in technology solutions for real-time risk management and margin calculations for equities, equity options, futures, and options on futures has reported continuous interest and adoption of its Rest API cloud-based Risk & Margin System.
The Sterling Risk & Margin System (SRM) provides advanced analytics as a RaaS (Risk-as-a-Service) solution utilising sophisticated quantitative and big data techniques to manage risk in real-time. The SRM calculates risk scenarios, stress tests, portfolio margin, risk-based haircuts, maintenance margin and VaR for each account, with the capability to add and handle firm-specific house rules. Additionally, the SRM is utilised
CME Group has reported its October 2021 market statistics, showing average daily volume (ADV) increased 32 per cent to 20.4 million contracts during the month.
Erik Norland, Senior Economist, CME Group, says: “Amid continued supply chain disruptions, rising inflation and continued labour shortages, the past month we have seen a sharp change in investor expectations regarding future rate hikes in both the UK and the US.
In the UK investors now anticipate a BoE rate hike as soon as 4 November. Meanwhile, in the US, market participants trading Fed Funds Futures anticipate that the Fed could hike rates one
Bitfinex Derivatives will launch perpetual contracts for solana, bitcoin (SOLF0:BTCF0), avalanche, bitcoin (AVAXF0:BTCF0) and cosmos (ATOF0:USTF0).
SOLF0:BTCF0, AVAXF0:BTCF0 and ATOF0:USTF0 will go live on 02/11/21 at 13:00 PM CET. SOLF0:BTCF0 and AVAXF0:BTCF0 will be settled in bitcoin. ATOF0:USTF0 will be settled in tether tokens (USDt). All of the contracts offer users up to 100x leverage.
“We’re delighted to announce the addition of Solana, bitcoin and Avalanche, bitcoin, along with Cosmos, to the growing portfolio of perpetual swaps available to trade on the exchange,” says Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest in these products, particularly among funds
On 2 November, AIMA is hosting a webinar to launch its Implementation Guide to the SEC’s modernised Marketing Rule.
The guide was produced with the assistance of AIMA partners ACA Group and Dechert LLP, drawing on their expertise in investment advisory consulting and legal representation.
Unlike a traditional manual to memorialise the 430-page Rule, which was published on 22 December, 2020, the Guide is designed to provide a concise overview of the requirements under the new Marketing Rule, serving as a more practical resource for AIMA members as they navigate the new regime. Focusing on the most common areas
Transaction Network Services (TNS) has invested significantly in its European backbone and data solutions in 2021, offering expanded market data from all major European equities exchanges and ultra-low latency TNS Layer 1 in-data centre architecture connected to TNS’ points-of-presence (PoPs) across Europe.
The organisation enhanced its already extensive market data portfolio adding Wiener Boerse AG, which operates the stock exchanges in Vienna and Prague. TNS is also working with Deutsche Börse to provide access to Eurex and Xetra market data for non-member organizations, leveraging its established presence at the datacentre in Frankfurt.
“This strengthening of our European backbone is
Eagle Point Credit Management (Eagle Point), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and other credit investments, has held the final close of its Defensive Income Fund.
The fund had an original target size of USD250 million, was oversubscribed and closed at its hard cap of USD300 million.
“We saw very strong demand for our defensive income strategy, which we believe provides an attractive and uncorrelated source of yield,” says Thomas Majewski, Managing Partner of Eagle Point. “This niche investment strategy capitalises on Eagle Point’s highly differentiated approach to source, diligence and acquire
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