Latest News
Bloomberg has launched a new pre-trade transaction cost analysis (TCA) model that enables market participants to assess trade cost, daily executable volume, and probability of execution.
The new model provides pre-trade analysis for investment grade and high yield corporate and sovereign bonds across the globe and offers a liquidity tree across various order sizes. In addition to assessing trade costs, clients can analyse daily executable volume and probability of execution to better inform their trading and portfolio construction decisions. Clients can also run scenario analysis by customising their views on the bond spread and rating, which results in different cost,
big xyt, an independent provider of smart data and analytics solutions to the global trading and investment community, has appointed Gilles Meyruey as Head of Business Development (Continental Europe).
Meyruey’s 35-year career in Europe covers senior positions in equities, derivatives, and bonds trading, execution services management and client management for leading firms including Société Générale Corporate and Investment Banking (SGCIB), Dexia Securities France, Exane and Deutsche Bank.
Meyruey says: “I’m excited to join the talented and highly skilled team at big xyt. I have been watching their success in Europe over the past few years with great interest and
BTIG has appointed Isaac Boltansky as a Managing Director and Director of Policy Research. In this newly created role within BTIG’s Research and Strategy division, Boltansky will analyse and forecast how potential policy shifts will impact investors, corporations and other market participants.
He will synergistically work alongside BTIG’s Chief Equity and Derivatives Strategist Julian Emanuel adding to the firm’s macro strategy product and other resources published for clients. Boltansky immediately enhances the firm’s offering and differentiates it by providing comprehensive policy research and analysis. As BTIG continues to grow and invest in new talent, he represents the most recent addition
Karim Ghachem has been appointed as a Managing Director in the Sales division dedicated to Man GPM.
In this newly created role, Ghachem will be responsible for leading the firm’s private sales effort across single-family rentals, residential credit and specialty finance. He will be in charge of educating investors, developing partnerships and customised solutions with clients and expanding the Man GPM platform to a broader range of investors.
Prior to joining Man Group, Ghachem was a Managing Director of Business Development at Pretium Partners, driving marketing and sales efforts across real estate, residential credit, and corporate and structured credit. He
Cambrian Asset Management (Cambrian ), a quantitative investment firm specialising in digital assets, has launched the Cambrian Bitcoin Systematic Trust and the Cambrian Ethereum Systematic Trust (the Trusts).
The Trusts are the first of their kind and designed for institutional and accredited individual investors with existing or seeking exposure to bitcoin or ether. The Trusts feature an actively managed systematic strategy that looks to manage downside risks and maintain substantial upside potential while seeking to defer taxable events for their investors.
The Trusts will leverage the same systems employed by Cambrian with respect to its other strategies, which trade over
Fulcrum Asset Management has assembled a panel of strategic advisers as it experiences increasing demand for illiquid investments through its Alternative Solutions business.
The panel will offer an additional layer of analysis and consultation regarding longer-term investments, enhancing Fulcrum’s existing capability in the area.
The three inaugural panel appointees are property expert Julian Stocks, a partner at Knight Frank, alternatives expert Nathan Peters and credit expert Ed Britton.
Head of Fulcrum Alternative Solutions, Matt Roberts believes that it is beneficial to seek independent expert opinions given the long-term idiosyncratic nature of these investments.
“We are excited by the growing demand
Hanover Investors has appointed Jeremy Westhead as its first Chief Business Officer.
The specialist investor, that operates in under-analysed and illiquid markets, continues to bolster its senior team as it eyes further growth.
Westhead is an experienced finance and operations director. He was previously Group Chief Financial Officer of We Are Nova, a technology focused venture builder. He was also Finance Director of Horizon Capital, a technology and business services focused private equity investor, working with them for more than a decade.
Matthew Peacock, Founder and Chairman of Hanover Investors, says: “As the firm continues to grow and develop, it
Global hedge fund industry assets are surging to record levels.
New data published by BarclayHedge shows total industry assets have now mushroomed to USD4.4 trillion, with hedge funds raking in USD18.3 billion of new inflows from allocators during July, as managers scored a USD7.3 billion trading profit for the month.
Hedge funds have now recorded a fifth consecutive month of positive investor flows, after allocators poured in USD16.6 billion in June, USD36 billion in May, USD23.3 billion in April and USD19.1 billion in March, according to the Barclay Fund Flow Indicator.
In the 12-month period to the end of July,
The SS&C GlobeOp Forward Redemption Indicator for September 2021 measured 2.45 per cent, up from 2.24 per cent in August.
“SS&C GlobeOp’s Forward Redemption Indicator for September 2021 was a very favorable 2.45 per cent, reflecting lower redemption notices compared to the 3.43 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This improvement marked the fifteenth consecutive month of year-over-year reduction in monthly redemption notices.
“Moreover, the 2.45 per cent level of redemptions is the lowest reading for any month of September since the inception of the Forward Redemption Indicator in 2008.”
Quant Insight (Qi), a new quantitative financial market analytics and trading insights provider, has announced a major scale up after four years of research and development and over USD10 million in funding from three investment rounds.
The company, which has offices in London, New York and Limassol, has clients with total Assets Under Management (AUM) of over USD2.5 trillion incorporating Qi’s analytics in their investment process. It is led by experienced macro hedge fund portfolio managers and leading academics in machine learning and signal extraction from Cambridge, Harvard and Princeton, in addition to best-in-class data engineers.
Quant Insight’s AI-based