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Options, the leading provider of managed trading infrastructure and connectivity to the global Capital Markets, has opened a new office in Toronto.
As Options continues to increase its client base across Canada, locating in Toronto provides a strong foothold for the company to develop and deepen its support for clients across regional Canadian markets.
To manage Toronto operations, Robert Strawbridge was appointed as the Options’ VP Head of Canada late last year, bringing with him over a decade of experience working with numerous foreign exchange technologies and e-Trading platforms. As a former Scotiabank executive, Robert is well-positioned to support Options
Eventus Systems, Inc, a global provider of multi-asset class trade surveillance and market risk solutions, has made several key hires in Europe as part of the firm’s continued growth in the region and globally.
Bringing extensive experience into the new roles are Ollie Cadman as Chief Product Officer, and David Griffiths and Martin Appiah, both as Director of Regulatory Affairs.
Based in Stockholm, Cadman reports to Eventus CEO Travis Schwab, while Griffiths and Appiah – both based in the UK – report to Joseph Schifano, the firm’s Global Head of Regulatory Affairs.
Cadman will build out the firm’s global product
A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively don’t currently have exposure to cryptocurrencies and digital assets, reveals that 62 per cent expect to invest in these for the first time within the next year.
However, Nickel Digital Asset Management (Nickel), a European investment manager dedicated to the digital assets market, which conducted the study, says in most cases this will just be professional investors ‘testing’ the market in terms of how it works, its infrastructure and liquidity.
The main reason given for investing in digital assets for
Funds of hedge funds generated an average gain of 4.2 per cent during the first six months of the year, outflanking long/short equity hedge funds and convertible arbitrage strategies, with larger portfolios pulling ahead of the pack as bigger proved to be better in H1.
New analysis by Citco Fund Services shows funds of hedge funds maintained their positive momentum from 2020 – when they ended the year up more than 11 per cent on average – with a 4.2 per cent average return, and a median return of 4.3 per cent, between January and June this year.
The “vast
Preqin has entered a partnership with the Indian Private Equity and Venture Capital Association (IVCA), under eligibility from the Securities and Exchange Board of India (SEBI), to produce performance benchmarks for alternative investment funds (AIFs) as an official benchmarking agency.
AIFs in India – classified as CAT I, II or III – operate across a wide range of asset classes including private equity & venture capital, real estate, infrastructure, private debt, and hedge funds. With a total of more than 730 such funds currently, they represent a part of the alternative investments ecosystem that is growing and becoming increasingly important
Baton Systems, a fintech transforming asset movements and settlements with solutions based on distributed ledger technology, has appointed Jerome Kemp as President.
Kemp joins the rapidly-growing business at a crucial time as demand for fully digital market infrastructures across the entire post-trade process accelerates. He brings 35 years’ experience in scaling businesses in the cleared derivatives space, with a track record of driving innovation to deliver transformational impact.
Prior to joining Baton, Kemp was Global Head of Futures, OTC Clearing, and FX Prime Brokerage at Citi, where he built the cleared derivatives business to a position of global leadership.
The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released the first publication as part of its Culture and Diversity Initiative – Principles of Culture and Diversity Strategies.
There is general acknowledgement in the alternatives industry that diversity can help to improve industry outcomes, but putting in place an effective strategy to promote diversity can be challenging. The SBAI’s report provides five guiding principles which act as a framework for asset managers and allocators to define their own culture and diversity strategies.
In February 2021, the SBAI formed a Global
Digital asset investment products saw inflows totalling USD95 million last week, bringing the total run of inflows over the last six weeks to USD320 million, according to the latest Digital Assets Fund Flows Weekly report from Coinshares.
The continued inflows suggest the recent headwinds for digital assets, such as the widened China ban, were seen as buying opportunities for investors.
Ether followed bitcoin with inflows totalling USD29 million last week. Sentiment has remained relatively buoyant for ether as the amount staked to Eth2.0 progresses.
Solana and polkadot continue to see outsized inflows totalling USD3.9 million and USD2.4 million, representing 4.5
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