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Calderwood, a Cayman Islands boutique fund governance firm, has expanded its senior team with the appointment of legal and regulatory compliance expert Anna Goubault as an Independent Director.
Goubault brings to the firm significant experience in the field of investment funds, both from a governance perspective and in relation to regulatory compliance and legal issues. In a consultancy capacity, Goubault advised the Cayman Islands Government Ministry of Financial Services on the development and implementation of several pieces of financial services legislation, including those related to compliance with the global standards on economic substance and enhancements to the Cayman Islands’ domestic
Global law firm Dechert is expanding its global financial restructuring group with the addition of partner Kay Morley in its London office.
Morley will be the group’s second significant hire in London this year following the announcement of partner Adam Plainer as global co-chair of Dechert’s financial restructuring group in March 2021.
Morley advises clients on all aspects of insolvency and corporate restructuring with a particular focus on European special situations and complex cross-border restructurings. She counsels hedge funds and other distressed investors on the acquisition of loan portfolios and the implementation of “loan to own” strategies. Morley also
Moonstake has become a member of the PL^Gnet Partner Alliance and can now expand access to DeFi services, exchanges, and custodians participating in the PL^Gnet partner ecosystem for its users.
Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach USD1 billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently,
Investors poured another +USD12.47 billion into hedge funds in April, bringing year to date (YTD) inflows to +USD28.81 billion, according to the just-released April 2021 eVestment Hedge Fund Asset Flows Report. Overall hedge fund business AUM stood at USD3.525 trillion at the end of April, according to the new report.
“There were several strong underlying metrics behind the net inflow number in April,” says eVestment Global Head of Research and report author Peter Laurelli. “While net inflows alone would seem to be a positive sign, that is not always the case. In April, however, the data just looked good.”
Global fintech Gresham Technologies (Gresham), a specialist in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, is to acquire post-trade automation specialists, Electra Information Systems, (Electra).
Read the full story at Institutional Asset Manager…
Talos, an institutional technology provider for digital asset trading, has completed a USD40 million Series A investment round led by Andreessen Horowitz and including investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures.
Read the full story at Institutional Asset Manager…
Trend-following hedge funds and CTA strategies remain in broadly positive territory heading into the final stretch of 2021’s first half, as defensive bets on fixed income look set to pay off against a backdrop characterised by economic recovery and rising inflation.
The 10 biggest trend-following managers, as tracked by Société Générale’s SG Trend Index, have gained 1.42 per cent on average so far this month, driving year-to-date returns to a solid 8.43 per cent.
Similarly, SocGen’s CTA Index – a daily performance measure of 20 of the largest managed futures hedge funds’ returns – has advanced 6.78 per cent since
RIMES, a specialist in Managed Data Services (MDS) for financial institutions, has appointed Brad Hunt as CEO. The appointment comes as the business accelerates the development of its innovative data management solutions for the asset management industry.
Hunt will lead RIMES in expanding its Lean Data Management (LDM) approach to Managed Data Services (MDS) following the launch of the company’s cloud-based data management solution in April 2021. Drawing on 30 years’ experience at organisations such as Bank of New York Mellon, IHS-Markit and Goldman Sachs, Hunt is a recognised leader of innovative growth businesses in wholesale capital markets, spanning electronic
London-based GWM Asset Management has launched a novel merger arbitrage hedge fund strategy which uses ESG (environmental, social and governance) factors in its investment process.
The strategy, which rolled out in early May with USD270 million in assets, has a specific focus on mergers and acquisitions in Europe, applying sustainable investment criteria to its position-building and excluding controversial sectors.
Commenting on the launch of the ESG-focused fund, Peter Sartogo, managing partner at GWM said moves towards sustainability within the investment and wealth management communities is now “of crucial importance.”
“For some asset and wealth managers, excluding controversial sectors and stocks
Why China’s rebound is rich in alpha opportunities for hedge funds
Why China’s rebound is rich in alpha opportunities for hedge funds