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Columbia Threadneedle Investments is to appoint Richard Watts, Stewart Bennett and David Logan to its expanded leadership team following the completion of the acquisition of the BMO Financial Group’s EMEA asset management business, expected in the fourth quarter of this year.
Completion of the acquisition and senior leadership appointments remain subject to the receipt of applicable regulatory approvals.
Watts will become Chief Investment Officer, EMEA. He will oversee Columbia Threadneedle’s investment function in the region, building on the firm’s strong, established approach and capabilities. Watts is currently Chief Investment Officer for BMO GAM. Last month Columbia Threadneedle announced the
Hedge funds and private equity are both improving their transparency over ESG. However, while on the private equity side, ESG is more seen as an investment opportunity, complexities remain on the hedge fund side around issues of reporting and shorting, according to Cambridge Associates.
Trudi Boardman, Hedge Fund Specialist at Cambridge Associate said that many hedge funds are still in the earlier stages of introducing ESG policies and processes, and that “there’s still a long way to go.”
She commented: “The ESG area is still very much a work in progress on the hedge fund side. There are challenges in
Suntera Global has continued its growth strategy with the acquisition of Reference Financial Services SA (Luxembourg), a boutique fund administration and corporate services firm.
The acquisition, which is subject to appropriate regulatory approvals, adds to Suntera Global’s client base while strengthening its presence in EU markets. The move supports its growth strategy and complements its office network in Jersey, Cayman, Bahamas, Isle of Man, Malta, Hong Kong and Switzerland.
Founded in 2003, Reference Financial Services SA (Luxembourg) (Reference) is a provider of boutique fund administration and corporate services to Luxembourg based entities. With headquarters in Luxembourg, the firm has a
Hedge funds betting against Sainsbury’s have been left counting the cost of their negative wagers this week after the FTSE 100-listed supermarket giant saw its share price rocket on the back of fresh takeover rumours.
BlackRock Investment Management, Marshall Wace, and the Pelham Long/Short Master Fund are among the high-profile hedge funds positioned short against the UK supermarket giant, according to regulatory disclosures made to the UK Financial Conduct Authority.
The UK’s second-largest grocery chain initially saw its share price rocket by some 15 per cent on Monday following weekend media reports that US private equity firm Apollo Global Management
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 released a custom house policy builder in the Sterling Risk & Margin product line.
This new application provides advanced analytics as RaaS (Risk-as-a-Service) utilising quantitative and big data techniques.
The new custom house policy builder functionality allows users to construct and manage their own risk or margin policy using any combination of risk measures, including multiple price and volatility scenarios, an OCC TIMS estimate with various add-ons and VaR (Value at Risk). This
As global economies remain finely balanced between reopening and containing Covid-19 variants, metals and mining-focused hedge fund Delbrook Capital is positioning its portfolio for fresh market volatility up ahead.
The Vancouver-based firm’s long/short equity-focused strategy, the Delbrook Resource Opportunities Master Fund, scored a 3 per cent gain in July, partially recovering from the previous month’s 4.4 per cent slide, bringing its year-to-date return to 31 per cent. Its investment universe spans a range of commodities including gold, silver, platinum and palladium, as well as base metals such as copper and zinc, industrial metals including iron ore and coal, and energy
The European Energy Exchange (EEX) has published the prospective 2021 schedule for sell-offs for the national Emissions Trading System (nEHS) in coordination with the German Federal Environment Agency.
With the introduction of the nEHS at the beginning of 2021 a CO2 price for the heat and transport sectors is set at a national level for the first time.
The first sell-off session of the nEHS is expected to take place on 5 October 2021. The sessions will be held twice a week throughout the year, Tuesdays and Thursdays, for six hours each from 9:30 am until 3:30 pm CET. The
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, today announced the appointment of Linda S Huber as Chief Financial Officer (CFO). She will join FactSet in early October 2021.
Huber brings over 30 years of experience in the financial services industry, including 15 years as a public company CFO. As CFO, Huber will lead FactSet’s global nance organisation and oversee all financial functions, including accounting, corporate development, financial planning and analysis (FP&A), treasury, tax, and investor and media relations. She will report to Phil Snow, FactSet’s Chief Executive Officer.
“We are delighted to welcome Linda to
London-based Nickel Digital Asset Management (Nickel), Europe’s largest regulated digital assets hedge fund manager founded by senior traders and investment professionals formerly from major financial institutions including Goldman Sachs and JPMorgan, says the UK is one of the most attractive markets for hedge fund managers focusing on crypto and digital assets, as new research reveals potential for strong growth in the country.
Nickel’s clients include institutional investors, global wealth managers and ultra-high net worth individuals from around the world.
Nickel Digital recently commissioned a survey with 23 institutional investors and wealth managers in the UK who collectively oversee $66.5 billion
Hedging activity stays lively, despite volatility falling in August
Hedging activity stays lively, despite volatility falling in August