Solutions
Integral, a technology company in the foreign exchange market, has reported average daily volumes (ADV) across Integral platforms of USD44.9 billion in September 2021.
This represents an increase of +1.6 per cent compared to August 2021 and an increase of +9.5 per cent compared to the same period in 2020.
Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFXTM and Integral OCXTM, in aggregate.
Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers, and hedge funds. Our clients leverage the
If any jurisdiction can claim to be the home of the global fund industry, it is Luxembourg. The Grand Duchy is the second largest investment fund centre worldwide and the first in Europe, with an 8.8 per cent global market share in 2020 and is a prime location for alternative investment funds.
Yves Cheret, managing director of fund administration in CSC’s Luxembourg office comments: “I think that, over time, the investment fund business in Luxembourg will become known as the US is known.”
Luxembourg’s attraction for fund managers is based on its political, financial, and political stability which fosters a
Visitors to Luxembourg are often surprised and pleased to discover that public transport is free. Step onto a tram in Luxembourg city, and there is no conductor to pay, and no machine to stamp tickets.
In a drive to tackle traffic congestion and emissions, last year the Grand Duchy introduced a new policy where no charge exists for using the trains, trams and buses that criss-cross the small country sandwiched between Germany, France and Belgium.
The policy is an attractive perk for its 602,000 residents, 175,000 cross-border workers and 1.2 million annual tourists.
It’s also emblematic of something else: Luxembourg’s
By Dr Marcus Peter & Irina Stoliarova – 2020 was a challenging year for the Luxembourg funds market. Despite a strong start in January and February, the Covid-19 pandemic caused a slowdown to fund set-up and net asset developments due to valuation issues and travel restrictions. However, it should be noted that the Luxembourg investment fund industry remained robust given the market regained growth starting mid-2020 and continuing into the third quarter of 2021.
This positive development was driven predominantly by increasing net assets and incoming new commitments to the fund vehicles. Net assets under management in Luxembourg investment funds
The Grand Duchy is set to capture an important chunk of the growing global market for alternative investment funds.
Elliptic, a specialist in blockchain analytics and crypto compliance solutions, has agreed a customer agreement with US-based, financial infrastructure provider Prime Trust, which aims to help fintech innovators launch quickly and scale securely in today’s digital economy.
Bloomberg has launched BQuant Enterprise, a public/private-cloud-based analytics platform (the BQuant Enterprise Platform) for quantitative analysts and data scientists in financial markets.
This customisable, turnkey solution accelerates financial services firms’ ability to compete more aggressively by incorporating quantitative approaches to all aspects of their investment processes. In addition, BQuant is the first data science solution from Bloomberg that is designed specifically for financial markets and offers operation-ready access to Bloomberg’s comprehensive range of high-quality, market leading, multi-asset-class financial and alternative data sets.
“The largest global financial firms have fully embraced quantitative investing to improve trading strategies, while reducing expenses.
Prometheus Alternative Investments has raised USD5 million in an oversubscribed seed round.
The round was led by 8VC/Joe Lonsdale with participation from a diverse set of prominent investors including Kyle Bass (Hayman Capital), Gaingels, John Quinn (Quinn Emanuel), Gil Weisblum (family office of Barry Diller), Jared Rothman (family office of Dennis Washington), Thane Ritchie, Curtis Macnguyen (Inflection Capital & Ivory Capital), Kim Kolt (For Good Ventures), Alok Agrawal (Bloom Tree Capital), Chris Blum (Global Head of Equities at JP Morgan Wealth Management) and Khalid Malik (Meridiem Capital).
Founded by former star hedge fund manager Michael Wang, Prometheus brings together a
TCI Fund Management, Sir Christopher Hohn’s activist hedge fund, says there is a “a deliberate lack of transparency” and “a selective approach to disclosure with respect to governance matters” at Canadian National Railway.
Novus Partners, a portfolio intelligence company servicing both asset capital allocators and hedge fund managers, has made significant updates to its platform as it relates to the ingestion and analysis of ‘deep’ portfolio data.
“As we continue to build on our long-term vision to become the ‘one’ platform for institutional investors, over the last 12 months we have made a series of updates to the Novus Platform that expand our portfolio intelligence capabilities; these updates enable our clients to better manage their portfolios through deeper intelligence, collaborative updates, and personalised dashboards,” says Andrea Gentilini, CEO of Novus.
These enhancements include
