Solutions
BNP Paribas Asset Management (BNPP AM), the Chartered Alternative Investment Analyst Association (CAIA), and Liquefy, a Hong-Kong based tokenisation platform, have released a new research paper that provides key insights into the benefits and challenges inherent in bringing a tokenisation approach to a wide range of alternative asset classes.
Tokenisation is the process of creating a digital representation of a non-digital asset. According to the paper, this new technology has great potential to democratise access to alternative investments, while also enabling asset managers to innovate by investing in alternative asset tokens, thereby broadening the types of exposures they can potentially
Digital asset inflows continued last week with investment product inflows totalling USD354 million despite a relatively flat, but volatile week from a price perspective, according to the latest data from CoinShares.
The previous three weeks saw some providers experience minor outflows totalling USD174 million, but this now seems to have stopped with no fund providers seeing outflows last week.
Investments remain very bitcoin focused representing 92 per cent of total inflows, while ether saw inflows totalling USD20 million. There was USD8 million in inflows into multi-asset crypto investment products. Despite the increased perceived interest from investors in broadening their scope
OTCX, a multi-dealer RFQ platform for off-venue interest rate derivatives, has certified its integration with Charles River Investment Management Solution (Charles River IMS).
Together with State Street Corporation middle and back office capabilities, Charles River’s cloud-deployed software technology forms the foundation of State Street Alpha.
Charles River IMS offers its clients advanced risk, portfolio management and trading capabilities across asset classes, including fixed income and derivatives instruments. However, many of these derivatives are still traded via voice, chat or email. OTCX, by linking clients directly to their dealers, brings trading workflow efficiencies and helps dramatically reduce operational risk due to
Cboe Global Markets is to launch trading in Mini-Russell 2000 Index options on Cboe Options Exchange beginning Monday, 1 March, pending regulatory approval.
The mew Mini-Russell 2000 Index options (MRUT) are designed to provide direct exposure to the Russell 2000 Index in a more manageably sized and cost-effective contract. The mini options will share the same contract terms as standard Russell 2000 Index options (RUT) but will be one-tenth the size of the standard contract, making them comparable to ETF options that similarly provide US small-cap equity exposure. With a smaller notional value, Mini-Russell 2000 Index options help to offer
Arca, an asset management firm focused on investing and innovating in the digital assets space, has made two key appointments, setting the stage for the next phase of development of the company.
Industry veteran Vance Sanders has joined the company as Chief Financial Officer and Chief Compliance Officer, and Nikesh Dalal has joined as Head of Product for Arca’s innovation division, Arca Labs.
Sanders formerly served as Chief Financial Officer, Chief Technology Officer and Chief Operations Officer of Equinox Financial Group, LLC. He was responsible for directing corporate finance, fund reporting, fund operations, risk management, internal controls and
As the hedge fund industry continues to grow and mature, managers are considering options beyond the traditional hedge fund structure. To this end, the managers and their service providers must be flexible and nimble to create custom solutions for the benefit of all parties involved.
“We’re seeing many different fund vehicles come to market and as a service provider, you need to be able to adjust your service offering and your approach to match those changes,” comments Leanne Golding (pictured), Director of HTC Fiduciary Services (Harbou”) in the Cayman Islands.
Expanding into new areas can be challenging. One of the areas where
The number of private funds being established in the Cayman Islands has continued to rise. This sector proved to be resilient and flexible as it swiftly adapted to a new regulatory regime and turned the additional oversight into an advantage.
“The growth of private funds is a function of the Cayman Islands’ well-respected legislative and regulatory framework, tax neutral status and local knowledge base,” outlines Richard Gordon, managing director – Cayman, Ocorian. “In addition, the enhanced private funds regulatory regime seems to be having a positive effect. It is providing investors with greater comfort by implementing supervisory oversight and increasing transparency into
Despite an unprecedented number of new regulations being introduced into the Cayman Islands over the past 18 months, the jurisdiction has shown itself to be remarkably resilient, with the Islands’ funds industry in particular rising to the challenge and demonstrating its adaptability and flexibility.
In this article, leading offshore legal services firm Appleby, discusses some of the key regulatory changes in Cayman and explains how it has pivoted its own service offerings to respond to these challenges and to ensure the firm continues to meet client demands.
In 2020 the Cayman Islands introduced several regulatory developments, including the Private Funds
By Jude Scott, CEO, Cayman Finance – As the unprecedented year that has been 2020 draws to a close, we can look to the year ahead with some optimism. That’s in part due to the resilience of the Cayman Islands financial services industry, which continues to meet evolving global best practices.
Our jurisdiction has been recognised by the European Union as a cooperative jurisdiction on all criteria for tax transparency and fair taxation. This should provide some comfort to investors who are increasingly engaged in a flight to quality, relocating their resources based on extensive assessments of which financial centres
By A Paris – In what has been a rollercoaster year from all perspectives, 2020 saw the Cayman Islands being first placed on the European Union blacklist in February, followed by its removal from said list in October, after it made improvements to its tax framework.
The jurisdiction, best known as a domicile of choice for hedge funds and alternative investments, has introduced a spectacular 19 new pieces of legislation in its steadfast endeavour to strengthen oversight and ensure the Cayman Islands industry is aligned with global standards.
Elemental to Cayman’s removal from the EU blacklist was the enhancement of its framework
