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Tiger Asset Management AG, an investment advisory firm specialising in a fundamental absolute return strategy with a focus on listed equities in the DACH region, has appointed Rico Back, former CEO of Royal Mail Group, as Chairman of the Board with immediate effect.
In his new role, Back will support Tiger Asset Management’s further growth as an institutional investment advisory business in Europe.
Back brings over 30 years’ experience as a businessman and entrepreneur, and is a leading figure in the global parcel industry. He is the former CEO of Royal Mail Group, the British multinational postal service, and attended
MackeyRMS, a provider of SaaS-based research management software, and InsiderScore, a provider of actionable data and analytics on publicly traded companies, have expanded their executive team with the appointment of Andrew Robson as CEO of the combined business.
Read the full story at Institutional Asset Manager…
HIPS Payment Group, a provider of e-commerce and mobile payment solutions, has launched a new cryptocurrency, Merchant Token (MTO) alongside the company’s Merchant Protocol (HMP) and the Hips Merchant Protocol Gateway (HMP-gateway).
Read the full story at Institutional Asset Manager…
FX HedgePool, a matching engine for mid-market execution of FX swaps, has made several key hires to support growing demand for passively hedged investment strategies.
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StoneX Group’s Fixed Income Division has bolstered its Treasury Desk and presence in the treasury markets by hiring industry veterans Stefan Dannibale, Eric Drexler, and Matt Rader.
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Essentia Analytics (Essentia), a provider of behavioural data analytics and consulting services for professional investors, has launched a series of workshops for investment professionals and asset management teams focusing on mitigating bias, improving decision making, and enhancing outcomes at an individual and team level.
As corporate executives and human resources teams prioritise finding new and creative ways to engage employees both in the office and remotely, these workshops will give investment professionals essential tools to enhance performance. Essentia has put together four new workshops featuring award-winning and industry leading experts teaching on a variety of subjects. The sessions will be
Enfusion, a global provider of native cloud-based investment management solutions and services, has named Mike Berry as its new Chief Operating Officer (COO) and expanded its Client Services function with three new leadership hires.
As COO, Berry will be responsible for providing direction, coordination and control for the effective and profitable operation of Enfusion’s various business offerings. Berry joins Enfusion from Bridgewater Associates where he helped transform the Back Office, Fund Tax, and Legal & Regulatory functions to adapt to an increasingly complex regulatory environment. Prior to Bridgewater, Berry was a consultant with Bain & Company in New York focused
City Credit Capital, a world leading multi-asset brokerage group, is pleased to announce that City Credit Capital (Cayman) has been formally granted a full broker dealer license by the Cayman Islands Monetary Authority (CIMA).
The company, which plans to expand its reach further into emerging markets, including Latin America & Asia believes, that the Cayman Islands strong reputation as the world’s fourth largest banking centre make it the perfect location to offer its services from.
Raymond Yip, CEO of CCC Cayman, says: “This is a very important milestone for City Credit Capital. In 2021 clients want the freedom to have
Xponance, a USD12 billion multi-strategy investment firm, and Investcorp, a USD35 billion leading global provider and manager of alternative investment products, have entered into a strategic partnership to collaborate on General Partnership (GP) staking and seeding interests in diverse and woman-owned alternative asset managers. This venture will build on the strengths of both Investcorp’s extensive alternatives expertise and Xponance’s long-lived and pioneering efforts in the seeding and funding of strategies offered by diverse and woman-owned managers.
Read the full story at Institutional Asset Manager…
Paxos Trust Company, a regulated financial market infrastructure provider, has announced that Instinet and Credit Suisse settled US listed equities trades on a same-day settlement cycle (known as T+0) via Paxos Settlement Service.
The trades occurred at 11 am ET and 3 pm ET and were settled at 4:30 pm ET, demonstrating the platform’s ability to enable same-day settlement for trades conducted throughout the day. In the legacy system, settlement can only occur the same day if trades are completed before 11 am ET, and therefore is rarely utilised.
Paxos Settlement Service is a private, permissioned blockchain solution
