Solutions
Argonaut Capital Partners, the London-based European equities-focused long/short manager, has hit back at recent criticism of short sellers by the new governor of the Bank of England, adding there is “no evidence” that the practice is harming the UK economy.
Barry Norris, Argonaut’s founder, CEO and CIO, said short sellers have been aggregate buyers – not sellers – of shares during recent market turmoil, and said BoE governor Andrew Bailey’s understanding of short selling is “extremely naïve” for someone in his position.
Addressing Bailey in a note on Monday, Norris wrote: “Contrary to your belief, shorts are in the best interests
Investment management solutions provider SimCorp has launched a new managed data services for the buy-side.Read the full story at Institutional Asset Manager…
Bitcoin may provide gold-style diversification opportunities in times of crisis and market stress, according to research by SEBA Bank.Read the full story at Institutional Asset Manager…
Cassini Systems, a provider of pre- and post-trade margin analytics for derivatives market participants, has established a new office in Sydney, the firm’s first physical presence in the Asia Pacific (APAC) region.
Credit-focused strategies are emerging as a key area of focus for investors, as managers rush to seize on the “incredible” opportunities being thrown up by the recent widespread market turmoil.
Sussex Partners, the independent global hedge fund investment advisor, says hedge funds focused on this market are zeroing in on a raft of trades spanning corporate credit, structured credit and risk arbitrage, while Man GLG, the discretionary hedge fund unit of Man Group, is now “materially bullish” on long-term trades in high yield assets.
“Every time you have a dislocation like this it creates opportunities,” says Patrick Ghali, managing partner
EOSE, a provider of outsourced market data solutions, is to support the distribution of BMLL’s Derived Data offering. EOSE provides a flexible, modern approach to commoditising data assets. EOSE’s data product development and sales experts help firms reduce their time to market while allowing them to focus on their core business.
Under the terms of the agreement, EOSE acts as an outsourced sales resource to support BMLL’s market outreach to banks, buy-side and sell-side firms, and the hedge fund community globally.
Paul Humphrey, Chief Executive Officer of BMLL Technologies, says: “In recent months we have witnessed unprecedented spikes in volatility and
Pico, a provider of technology services for the financial markets community, has launched a new managed co-location facility for Japan Exchange Group (JPX).
Sucden Financial, a global multi-asset execution, clearing and liquidity provider, has appointed Thomas Hodge to build and run its new average pricing function within its LME business.As Head of LME Average Price Trading, Hodge will complement and extend Sucden Financial’s existing ability to facilitate LME hedging requests, providing a dedicated averaging service to allow an exact match between client risk and the LME’s daily date structure. In addition, Hodge will be developing quantitative analytics and models for use within the firm’s LME trading business.
Prior to joining Sucden Financial, Hodge was Co-Chief Investment Officer at Commodities World Capital (CWC), where
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, and HedgeLegal, a specialist in trading document negotiation for the buy side, have published “Clearing up the Uncleared Margin Rules: A Comprehensive Guide for Hedge Fund and Asset Managers.”The guide is intended to assist hedge funds and asset managers in gaining a better understanding of their obligations under Phases 5 and 6 of the Uncleared Margin Rules (UMR or Rules).
While ISDA and other trade associations have asked for a delay in the onset of UMR amidst the COVID-19 pandemic, there has been no sign (as of yet) that
Crux Informatics is integrating a flagship product from SIX, Valordata Feed (VDF), which covers 29.7 million instruments for pricing, corporate actions reference data as well as compliance and regulatory data. Read the full story at Institutional Asset Manager…
