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A new study of institutional investors and wealth managers, who collectively manage around USD108.4 billion in assets, reveals 85 per cent now have dedicated teams reviewing cryptocurrencies and digital assets.
The research, which was commissioned by London-based Nickel Digital Asset Management (Nickel), a European digital assets hedge fund manager founded by senior traders and investment professionals formerly from major financial institutions including Goldman Sachs and JPMorgan, reveals 21 per cent of these teams have only been running for the past three months, and 42 per cent were established between three and six months ago. Around 31 per cent were established
Maples and Calder, the Maples Group’s law firm, has relocated one of its experienced Funds & Investment Management Partners – Dan Beckett – from its Cayman Islands office to London.
Beckett, who has been with the firm for over 14 years and advises on the formation of both open-ended and private equity funds as well as on-going legal and regulatory compliance and general maintenance of all kinds of alternative investment funds, will work closely with Harjit Kaur who leads the London Funds & Investment Management practice. He will also collaborate with the firm’s other London practice groups which include Corporate,
Alternative investment firm Angelo Gordon has appointed Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies.
In this new role, Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform. Binns will report to Josh Baumgarten and Adam Schwartz, Angelo Gordon’s co-Chief Executive Officers.
Talos, a provider of institutional trading technology for digital assets, has joined the Pyth Network, an oracle platform designed to provide trusted and verifiable market data to decentralised applications.
This partnership will include Talos providing real-time institutional crypto market data to the Pyth Network.
Arcesium, a global financial technology and professional services firm, has appointed Cesar Estrada has been appointed as the firm’s Private Markets Segment Head.
Estrada will be responsible for overseeing Arcesium’s application of its core competencies in data integration and harmonisation to the investment lifecycle of managers in private capital markets, including private equity, private debt, real estate and infrastructure. The new segment represents an expansion for Arcesium beyond its historical focus on supporting more than USD630 billion in assets of hedge funds, private equity funds, banks, and institutional asset managers.
Estrada joins Arcesium from State Street, where he served as
Spot Intraday markets operated by EPEX SPOT were up 17 per cent y-o-y in November to 11.1 TWh with Nordic markets reporting a new high to 428.9 GWh (previous record in July 2020: 346.5 GWh).
Both Swiss and Greek Power Futures reported triple-digit growth to 1.7 TWh and 1.4 TWh respectively, while Austrian Power Futures hit a new record with 6.2 TWh traded (previous record in December 2019: 4.6 TWh).
Japanese Power Derivatives achieved a volume of 554.1 GWh (+269 per cent), while US Power Derivatives recorded 247.3 TWh, increasing by 142 per cent compared to the same period last year.
CAMRADATA has published a new whitepaper, Absolute Return Investing which considers if the strategy can still generate positive returns for investors as the world moves through the pandemic.
The white paper includes insight from firms including Amundi Asset Management, Artemis, Unigestion, bfinance, Capita, Law Debenture and Local Pensions Partnership who attended a virtual roundtable hosted by CAMRADATA in October.
The report highlights that absolute return investing strategies – which seek to generate positive returns over time regardless of market conditions – should be able to thrive in the current market uncertainty.
However, the absolute return space has recently
As risk management processes become increasingly challenging, with asset managers caught in a pincer movement between greater regulatory burdens and more complex client demands, a well-run managed service solution can help investment firms meet the institutional standards of today’s allocators, according to a new white paper published by Landytech.
CTAs’ run of positive performance over the last 12 months came to an abrupt end in November, as news of the Omicron Covid-19 variant hit markets at the end of the month, according to the latest figures from Society Generale.
The flagship SG CTA Index was down -3.79 per cent in November but is still strongly positive so far this year at 5.71 per cent. Likewise, the SG Trend Index lost -4.71 per cent for the month, but still stands up 8.59 per cent year-to-date, with one month still to go.
All of the individual CTA constituents of both indices
Shant H Chalian has joined Day Pitney LLP as counsel in the firm’s Investment Management and Private Funds practice, resident in its Stamford office. He joins the firm from Robinson + Cole.
Chalian’s overall practice is focused on fund formation, mergers and acquisitions, venture capital, and securities. He assists a range of clients, including private equity and hedge funds and their sponsors, large corporations, middle-market companies, family-owned businesses, and venture capital groups.
