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Allvue Systems (Allvue), an alternative investment technology solutions provider, has appointed Deborah Mason as Chief Legal Officer and member of the Executive Leadership Team.
Mason will oversee the firm’s legal team and be responsible for supporting the firm’s corporate activity and managing risk exposure. She will also work closely with the leadership team to grow the business and optimise Allvue’s legal, compliance, and business contracting practices. Mason will report directly to Chief Executive Officer Mark Heimbouch.
“Allvue’s top-notch leadership team has enabled us to make huge strides over the past year, and the addition of Deb will empower us to
O’Shaughnessy Asset Management (OSAM), a quantitative asset management firm, has introduced a suite of emerging markets (EM) and developed ex-US ADR strategies on custom indexing platform Canvas.
OSAM develops systematic, custom portfolios that optimise for the goals of financial advisers and their clients. The new offering consists of both passive and active strategies in which the passive strategies deliver market replication, and the active strategies leverage proprietary quantitative research to optimise for risk-adjusted excess return.
“The search for alpha or excess return is leading investors to the emerging markets,” says Patrick O’Shaughnessy, CFA, Chief Executive Officer of OSAM. “Good companies
Fintech, broker and asset management company Darwinex has raised EUR3 million to pursue its ambitious growth aspirations.
Leading investors in the round were Stefan Jaecklin and Pinorena Capital who were joined by Darwinex co-founders and a number of key employees in the company. Pinorena Capital, a fintech-focused investment company led by entrepreneur Illimar Mattus, has contributed with this first investment to supporting Darwinex expansion journey.
Darwinex is regulated by the FCA in the UK (Tradeslide Trading TechLimited – FRN 586466) and its latest financial figures show revenue for the financial year 2020 jumping by 72 per cent, exceeding EUR4.69 million.
Publicly-traded hedge fund giant Man Group’s funds under management have soared to a record high, powered by a mix of bumper returns across its strategies and renewed investor inflows – helping swell the London-headquartered firm’s profits during the first half of 2021.
Man’s FUM reached a record total of USD135.3 billion at the end of the June, a sharp rise from USD123.6 billion at the start of this year.
In a results statement on Wednesday, Man reported pre-tax profits of USD280 million for the first half of 2021, an eye-catching rise of more than a USD100 million compared to 2020’s
Investors withdrew USD10.99 billion from the global hedge fund business in June, the second month this year net flows for the business were negative, according to the just-released eVestment June 2021 Hedge Fund Asset Flows Report.
Net flows were also negative in March of 2021, but general enthusiasm for the hedge fund business this year has year-to-date (YTD) asset flows still in the green at +USD28.69 billion.
At the mid-way point of 2021, the hedge fund business is almost half way to making up the USD59.32 billion investors pulled from hedge funds in 2020 according to eVestment data. Strong
Goldman Sachs Asset Management’s Alternative Investments & Manager Selection (AIMS) co-investment business has selected Enfusion to provide investment management technology solutions and middle- and back-office managed services.
Enfusion created a custom unified solution via API so that AIMS can import data across numerous instruments into the Enfusion platform from its proprietary EMS in real-time, providing a holistic view of a fund for portfolio managers and the risk team. Enfusion’s seam-free front to back-office platform and APIs allow the fund’s portfolio managers to manage orders across all asset classes.
In addition to creating a centralised repository of trade data and activity,
Alma Capital Investment Management has teamed up with DLD Asset Management to launch a Convertible Arbitrage strategy on Alma Capital’s UCITS platform.
The Alma Platinum IV DLD Convertible Arbitrage launched on 16 of July and has already gathered over USD150 million in AuM.
The Ffnd seeks to generate absolute returns by utilising a spectrum of convertible arbitrage strategies, which are designed to profit from identifying mis-priced or expected return differentials that exist between a convertible security and its underlying equity.
DLD Asset Management was founded in 2013 by Mark Friedman, who has over 29 years of extensive arbitrage and options
Altana Wealth, the multi-strategy hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, has launched a new carbon futures-focused strategy which aims to capitalise on the rising costs of carbon credits within the European Union.
With governments in developed nations, and particularly the EU, now fully committed to combating climate change and higher prices for carbon emissions, the Altana Carbon Futures Opportunity (ACFO) strategy, which launched earlier this month, will take directional positions on those rising prices.
Specifically, the strategy aims to provide investors with upside participation – with estimated multiple returns at 2-4 times unlevered – in
Investment managers pressured by rising costs, increased transparency demands and the need to generate consistent performance are looking to harness the full potential of data in order to compete and position their firms for the future, according to a survey of 300 global asset management firms sponsored by Northern Trust.
Hill Country Asset Management has chosen to deploy global fintech Arcesium’s joint offering with JPMorgan’s Securities Services.
Through their existing strategic partnership, Arcesium and JPMorgan will address Hill Country’s middle office, back office, and fund administration needs with a seamlessly integrated solution. Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and JPMorgan will act as Hill Country’s fund administrator. Arcesium and JPMorgan formed their partnership in 2018 to deliver an offering to a wide range of potential financial services clients, from new launches to established firms.
“We believe we
