Institutional Asset Manager Newsletter

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NEWSLETTER | 16 Nov 2020

Arisaig seeks to maximise impact ‘bang for buck’ with new Next Generation EM fund

Arisaig Partners made a bold foray into impact investing in emerging markets by launching its new public equities fund, the Next Generation Fund, in early September.

Apex Group launches LRI Middle East

Mon | 16 Nov 2020, 11:59

Apex Group Ltd has launched a new subsidiary LRI Investment Management Services (ME) Ltd (LRI Middle East) in the Abu Dhabi Global Market (ADGM) following full regulatory approval by the ADGM Financial Services Regulatory Authority.

Mon | 16 Nov 2020, 11:59

The health of the UK’s Defined Benefit (DB) pension schemes has almost returned to their pre-Covid levels as they continued to recover through Q3 2020, according to Legal & General Investment Management (LGIM).

Mon | 16 Nov 2020, 11:59

Mountside Ventures and ALLOCATE, today released their inaugural annual report entitled, "Capital Behind Venture 2020." The report provides insights on Venture Capital (VC) firms looking to raise funds from Limited Partners (LPs) such as pension funds, university endowments, government agencies, fund-of-funds, and high net worth (HNW) individuals or family offices who actively invest in Europe's growing VC ecosystem.

Mon | 16 Nov 2020, 11:59

Galaxy Digital Holdings has acquired two cryptocurrency trading firms: DrawBridge Lending (DrawBridge), an specialist in digital asset lending, borrowing, and structured products, and Blue Fire Capital (Blue Fire), a proprietary trading firm specialising in market-making and two-sided liquidity for digital assets.

First Electronic SOFR vs Fed Funds compression trade executed via Bloomberg SEF

Mon | 16 Nov 2020, 11:59

The first electronic SOFR versus Effective Federal Funds Rate (EFFR) basis swap compression trade has been executed on the Bloomberg SEF (BSEF).

Mon | 16 Nov 2020, 11:59

By Marc-André Bechet, ALFI – Luxembourg is in a quite unique position as a global funds jurisdiction compared to other financial centres in the European Union. The country enjoys an unrivalled political and economic stability. It benefits from a triple A rating with a stable outlook, which has been re-confirmed in September by the three rating agencies Fitch, Standard & Poor’s and DBRS Morningstar. Luxembourg is one of the ten countries worldwide with a triple A rating. Debt to GDP, although on the rise as a consequence of the current crisis, will soon reach 26 per cent but remains well below debt levels in the EU.

Mon | 16 Nov 2020, 11:59

There are several macroeconomic factors which support further growth in the private equity, venture capital and real estate space in Luxembourg. Although events like Covid-19, the Brexit transition, US elections and the US-China trade war may damage this potential, managers can also find opportunity in the turmoil.