Institutional Asset Manager Newsletter

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NEWSLETTER | 6 Oct 2020

Institutional investors should scrutinise value creation process to build positive impact

The investment industry needs to go beyond measuring impact, says The Thinking Ahead Institute, and instead focus on linking those metrics back to the process of creating value for stakeholders.

Tue | 6 Oct 2020, 11:49

Indus Valley Partners (IVP), a provider of technology solutions and services to the buy side, is seeing an accelerated adoption of a digital-first operating model among its client base of 140-plus global asset managers.

Tue | 6 Oct 2020, 11:49

The Covid-19 crisis is sharpening the appetite among investors in Europe for alternative investments as it has become clear that traditional assets cannot always be relied on for effective diversification, says the latest issue of The Cerulli Edge—Global Edition.

Tue | 6 Oct 2020, 11:49

Bottomline Technologies, a provider of financial technology that makes complex business payments simple, smart and secure, has partnered with Dow Jones Risk & Compliance, adding key data to its Anti-Money Laundering and Counter Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.

Tue | 6 Oct 2020, 11:49

Liquidnet, a technology-driven global institutional investment network, has officially launched its third business, Investment Analytics (IA).

StoneX Financial acquires Frankfurt-based Giroxx

Tue | 6 Oct 2020, 11:49

StoneX Group, a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, has finalised its acquisition of the Frankfurt based Giroxx, and as of 1 October 2020 will operate under the name StoneX Financial.

Tue | 6 Oct 2020, 11:49

BNY Mellon and NCB Capital have formed a strategic alliance to deliver global custody and associated asset servicing activities to institutional and large asset owners based in the Kingdom.

Tue | 6 Oct 2020, 11:49

SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has launched SmartStream Air version 2, the latest artificial intelligence (AI) technology aimed at improving data quality and reconciliation processes that would usually be measured in weeks and months, to just seconds.

Tue | 6 Oct 2020, 11:49

The aggregate funded ratio for US corporate pension plans decreased by 1.1 percentage points in September to end the month at 83.1 per cent, according to Wilshire Associates (Wilshire).

TISE appoints new CEO

Tue | 6 Oct 2020, 11:49

The International Stock Exchange (TISE) has appointed that Cees Vermaas has been appointed as CEO of its parent company.

The Global Steering Group for Impact Investing appoints Head of Communications

Tue | 6 Oct 2020, 11:49

The Global Steering Group for Impact Investing (GSG) has appointed Lynn Nicholson as Head of Communications to develop and lead the movement’s global communications strategy, aimed at raising the profile of impact investment and the impact economy across the world.

Tue | 6 Oct 2020, 11:49

NatWest Trustee and Depositary Services Limited (TDS) has appointed a new Head of Customer Services and Operations.

Tue | 6 Oct 2020, 11:49

Mirabaud Asset Management – the investment division of the Mirabaud Group, an independent wealth and asset management group established in 1819 – has strengthened its investment capabilities with the addition of two senior analysts.

Tue | 6 Oct 2020, 11:49

WHEB Asset Management (WHEB) is to launch a new Irish-domiciled UCITS fund, which will enable European clients to continue to access the UK firm’s sustainable and impact investing strategy following the UK’s departure from the European Union.

Tue | 6 Oct 2020, 11:49

BTIG announced has appointed Daniel Ryan as a Managing Director in the firm’s Outsource Trading division. Ryan will be based in the firm’s Red Bank, New Jersey office, and will report to Chris Casanovas, Managing Director and Head of Outsource Trading, at BTIG.

Citi makes strategic investment in Genesis

Tue | 6 Oct 2020, 11:49

Genesis Global Technology (Genesis) a global financial markets software firm, has secured a strategic investment from Citi via its Markets FinTech Investments and SPRINT groups to leverage Genesis’ Low-Code Application Platform (LCAP) to drive its key innovation priorities.

Diginex appoints new board of directors

Tue | 6 Oct 2020, 11:49

Diginex Limited, a digital assets financial services company, has reconstituted its Board of Directors, following its listing and commencement of trading on Nasdaq.

Tue | 6 Oct 2020, 11:49

Mercer has been awarded a top accolade for responsible investment strategy and governance by the PRI. Already a recognised responsible investment (RI) consultant pioneer, Mercer secured an A+ and six As for its USD306 billion of assets under management in investment solutions across public and private markets.

Tue | 6 Oct 2020, 11:49

The Depository Trust & Clearing Corporation (DTCC)'s Depository Trust Corporation (DTC) subsidiary has filed with the US Securities and Exchange Commission (SEC) to launch ClaimConnect, a new DTC service that will centralise and automate cash claim processing across the entire lifecycle of a corporate action claim.

Tue | 6 Oct 2020, 11:49

Amundi, the founding shareholder of Fund Channel, has acquired BNP Paribas Asset Management's 49.96 per cent stake to become, once again, the sole shareholder of the fund distribution platform by the beginning of 2021, subject to regulatory approval.