Institutional Asset Manager Newsletter

NEWSLETTER | 8 Jul 2020

Asset management industry needs to improve culture and repair trust, says non-profit

A culture shift is needed in the institutional investment industry to prioritise ‘soft’ factors like diversity rather than a single-minded focus on financial performance, says not-for-profit research group the Thinking Ahead Institute.

Wed | 8 Jul 2020, 11:51

Extended data connectivity between The Depository Trust & Clearing Corporation (DTCC) Global Trade Repository (GTR) service and TriOptima's triResolve platform is aimed at helping market participants validate their reported securities financing transactions as they prepare for Securities Financing Transactions Regulation (SFTR) compliance.

Wed | 8 Jul 2020, 11:51

Red Swan Risk is partnering with Asset Control to provide asset managers with a managed service which delivers a high-quality, data mastering, data analytics and model risk solution.

Wed | 8 Jul 2020, 11:51

The Covid-19-led recession will likely weigh on credit metrics well into 2023 from the combination of lost output and debt overhang, threatening corporate solvency, says S&P Global Ratings. The firm also believes the shape of recovery will differ from previous crises, with a wide range of outcomes across industries and geographies, and accelerating some secular industry shifts.

Carey Olsen leads the market for TISE listings in 2020

Wed | 8 Jul 2020, 11:51

Carey Olsen Corporate Finance Limited, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) during the first half of 2020.

Wed | 8 Jul 2020, 11:51

Sterling Trading Tech, a provider of compliance, risk and infrastructure solutions for equity, options and futures trading, is committing resources to support a non-profit urban youth financial education, training and mentoring organisation, Wall Street Bound.

Wed | 8 Jul 2020, 11:51

UAE-based brokerage Al Dar Shares & Bonds has joined Nasdaq Dubai as a Member to trade equity derivatives.

FXCM Pro partners with Tradesocio

Wed | 8 Jul 2020, 11:51

FXCM Pro, the institutional arm of the FXCM Group, has partnered with Tradesocio, a trading technology provider, to provide banks, brokers, asset managers, and other buy-side institutions, with a full fintech solution.

Wed | 8 Jul 2020, 11:51

Northern Trust has been appointed by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre (DIFC) funds in the Middle East.

Fidelity International appoints Global Head of Macro and Strategic Asset Allocation

Wed | 8 Jul 2020, 11:51

Fidelity International has appointed Salman Ahmed as Global Head of Macro and Strategic Asset Allocation. Ahmed will join in August from Lombard Odier Investment Managers, where he has held the position of Chief Investment Strategist and co-chair of the Global Investment Committee.

Wed | 8 Jul 2020, 11:51

J4 Capital, a registered investment adviser and developer of a self-programming artificial 'superintelligence', to predict market behaviour for liquid exchange-traded securities, has appointed the firm’s Chief Operating Officer David Oring as Manager, to lead the firm’s business and administrative capabilities.

Wed | 8 Jul 2020, 11:51

Chris Junge has been appointed as Vice President of Customer Success at LiquidtyBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions.

Wed | 8 Jul 2020, 11:51

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, a global fintech leader.