Latest News
Barnes & Thornburg has added eight prominent lawyers, consultants and staff in Delaware, including partners Thomas McGonigle, Shawn Tucker and Michael Maimone.
Read the full story at Institutional Asset Manager…
Jonathan Marcus has joined Reed Smith’s Energy & Natural Resources Industry Group (ENR) as a partner in the Washington office.
His multifaceted practice includes advising clients on commodity, derivatives and digital asset regulation, litigating private suits involving the derivatives and energy markets in federal district and appellate courts, and handling government enforcement matters before the Commodity Futures Trading Commission, the Federal Energy Regulatory Commission, and the Securities and Exchange Commission.
“Jonathan has deep experience in areas critical to our clients at the intersection of energy, commodities and financial services,” says ENR chair, Prajakt Samant. “Having argued and won at the
The hedge fund industry notched its seventh consecutive month in the black, posting a 1.08 per cent return for the month of May, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. In aggregate hedge funds outpaced the S&P 500 Total Return Index by 38 basis points on the month.
This stretch of positive results by hedge funds brings their year-to-date performance to 8.06 per cent, modestly narrowing the gap to the S&P 500 Total Return Index which has enjoyed a 12.62 per cent return over the same period.
All but four hedge fund
Broadridge Financial Solutions, Inc, a global Fintech leader, has announced the successful go-live of its transformative distributed ledger repo (DLR) platform. Early participants of the blockchain-enabled platform are realising significant and immediate benefits of reduced risk, operational costs and enhanced liquidity, while also accelerating their digitisation journey. The launch builds on the success of multiple pilots with sell-side and buy-side firms.
Read the full story at Institutional Asset Manager…
Firms falling within the remit of the FCA’s new Investment Firm Prudential Regime (IFPR) cannot afford to be passive. They need to set themselves on the right path now if they are to meet the January 2022 compliance deadline. Some firms have a long road ahead as the new rules mean a ten-fold rise in their capital requirements.
“This regulation is meant to simplify the current regime,” explains Priya Mehta, Head of FCA Advisory and Regulatory Reporting Services, Buzzacott. “At the moment, we have multiple versions of these regulations which worked together and have been imposed on different types of
By A Paris – January 2022 may seem far away but the preparations financial services firms in the UK need to make to comply with the incoming Investment Firm Prudential Regime (IFPR) are considerable and they need to think about it now, if they haven’t done so already. The new rules are going to usher in significant change for a large swathe of firms active in the UK market.
Though there are no industry-wide statistics on how many firms have set plans in motion to ensure compliance, a poll taken during a webinar organised by Wolters Kluwer in April 2021, found 11 percent of attendees
In this podcast, Alex Botte (pictured), CFA, CAIA, Client Solutions Research at Two Sigma and Venn, discusses what impact Covid-19 has had on the way risk is perceived, modelled, and ultimately managed within investor portfolios. And how next generation AI tools are helping to generate fresh insights on how factor risks are understood. During the discussion, Alex provides some examples of how Venn thinks about managing inflation risk exposures, crypto asset risk exposures, and what the latest developments are on translating ESG considerations into risk factor decomposition.
SIGTech, a provider of quant trading technology for global investment managers, has won a major contract from MasterLink Securities, headquartered in Taiwan, and one of the two leading security dealers in the country. MasterLink will use SIGTech to drive its new systematic trading proposition for US and Asian equities.
MasterLink Securities, which also has offices in Hong Kong, China, provides a range of brokerage, securities underwriting and proprietary trading services to clients.
Increasingly, global investment managers are moving towards computer-driven and rules-based investing. This trend can be seen across Asia and SIGTech is well-placed to service the growing demand for
Kairos Investment Management Ltd, the London-based subsidiary of Kairos Group and Engadine Partners LLP, a London-based independent asset manager specialised in offering alternative investment solutions, are to sign a cooperation agreement aimed at strengthening and leveraging their investment expertise and distribution networks.
Through this cooperation, Kairos will strengthen the business of Kairos Investment Management Ltd, the Group’s subsidiary specialised in the management of alternative funds, thereby also enhancing its European long-short offering. Marcello Sallusti, founder of Engadine Partners, will become Chief Investment Officer (CIO) of Kairos Investment Management Ltd while retaining his responsibilities as CIO of the current Engadine
Fund oversight and governance provider INDOS Financial, now part of JTC Group, has appointed Clay Dupuy to lead its expanding outsourced Anti-Money Laundering (AML) Officer team.
Dupuy will operate from INDOS’s Ireland offices in Enniscorthy (Co. Wexford) and will be responsible for the teams which provide AML Officers to funds domiciled in the Cayman Islands, Ireland, and Luxembourg.
A graduate of the University of Florida, and of the Business Schools of the Universities of Dublin and Manchester, Dupuy was an AML specialist at BNY Mellon Fund Services (Ireland) until June 2019. He joins INDOS Financial from consultants KB Associates where
