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Specialist fixed income manager, BlueBay Asset Management (BlueBay), is strengthening its sales team in Germany and Austria with the appointment of Michael Wolfram (37) as Head of Institutional Sales Germany & Austria.
Based in Munich, Wolfram reports to Viola Patock, Head of Northern Europe.
Speaking about Michael’s appointment, Patock says, “We are delighted to be strengthening our physical presence in Northern Europe with the addition of Michael. He brings a wealth of knowledge with him that will support our client-focused efforts.
“As we continue to expand our presence, Michael’s appointment is one of many at BlueBay that will allow us
TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has added more depth to its alternative data set following Tradition’s execution of its first TONAR-SOFR cross-currency basis swap.
Read the full story at Institutional Asset Manager…
Gordian Capital has launched the R Squared Global Fund, managed by William Warner and Justin Leow.
Hedge funds that trade emerging markets advanced almost 6 per cent in the first four months of the year, with China, India and Middle East specialist managers leading the pack, as gains from regional equities and cryptocurrencies drove profits in early 2021.
Emerging market hedge funds – as measured by Hedge Fund Research’s Emerging Markets (Total) Index – surged 5.92 per cent over the four-month period. The strong start to the year continues the sector’s commendable 2020 run, which saw EM managers deliver annual returns of 12.68 per cent on average.
India-focused strategies generated an 11.46 per cent return in
GTS, an electronic market maker across global financial instruments, is joining the Pyth Network, a decentralised financial market data distribution platform.
Read the full story at Institutional Asset Manager…
Tourmaline Partners, an outsourced trading solutions firm, has appointed industry experts David Toy and Chris Arkin as senior traders.
With these new hires, Tourmaline further enhances its capabilities in the Australia-Pacific (APAC) region and in the derivatives trading space, as demand broadens globally for the firm’s trading, operations and commission management expertise. Toy is based in Australia and Arkin works at Tourmaline’s headquarters in Stamford, Connecticut.
Toy joins Tourmaline with nearly two decades in senior trading roles with Tier 1 hedge funds and asset managers specifically focused on trading Asian securities. He was most recently Director of Trading, Asian Equities
The hedge fund and alternative investment sectors now have a vital role to play in boosting UK growth and innovation as the country recovers from the economic impact from Covid-19 and readjusts to life outside the EU, the Alternative Investment Management Association and Alternative Credit Council have said.
AIMA, the global hedge fund industry trade body, and its private credit affiliate the ACC, have published a new policy paper setting out how, in practical terms, the industry can support the UK government’s goals in increasing economic growth, boosting productivity and levelling up across the UK.
The policy objectives, which cover
Hedgeweek, in partnership with Bloomberg, is starting the analysis of US and Americas-based hedge fund performance ahead of the annual Hedgeweek Americas Hedge Fund Awards. Hedge funds who wish to be considered for the awards must have a fund profile on Bloomberg’s Hedge Fund Database by 25 June, 2021.
The recent spate of victories by sustainability-focused shareholder activists against oil giants could spark renewed price volatility, heralding outsized opportunities for hedge funds betting on energy markets.
Optiver, a market specialist in S&P derivatives, welcomes CME’s move to make options on its flagship E-mini S&P 500 futures contracts eligible for block trading. Block trading combines the benefits of direct liquidity sourcing with electronic execution to provide end users with the ability to transact during an extended 23-hour trading day. This move will broaden market access for institutional users, boost liquidity and strengthen market structure.
Read the full story at Institutional Asset Manager…
