NeoXam appoints Swiss data expert for DACH clients
4mos ago

NeoXam, a provider of data management and transaction software solutions dedicated to the financial industry, has made a strategic new hire in the DACH region.

Industry Headlines:


The growing batshit legend of Adam Neumann's titanic ego has almost made us all forget when Uber founder/former CEOTravis Kalanick was the king of nonsense startup bragging. Kalanick was for many moons considered to be the douche king of tech, a guy who was so loopy confident about his own ...





Start your day with the Opening Bell powered by The Water Coolest. The Water Coolest is the preferred bathroom stall reading material of finance professionals. Sign up for the free daily newsletter. IT'S A MATCH Blackstone is trying its hand at dating. Friday, the company announced it would be ...



The European Energy Exchange (EEX) has been granted the Foreign Board of Trade (FBOT) status by the United States Commodity Futures Trading Commission (CFTC).


Liontrust is to broaden its sustainable investment offering to European fund buyers through the launch of the Irish-domiciled GF Sustainable Future Global Growth Fund on 12 November 2019.


Four in five global investors plan to increase allocations to China in next 12 months, according to EIU and Invesco study - Over 80 per cent of global investors plan to increase either significantly or moderately their organisation’s allocation to Chinese investments over the next 12 months, according to an Economist Intelligence Unit survey on global investors’ China exposure, commissioned by Invesco.Only 4 per cent plan to reduce exposure to China.


Specialist financial services consultancy Phoenix Financial PR, which represents companies in asset management, alternatives, wealth management, private banking and financial planning, has joined forces with financial services PR specialists in Australia and the USA to become a member of global financial communications network International Financial Communications Group (IFCG).


Moody’s Analytics Knowledge Services has rebranded as Acuity Knowledge Partners (Acuity) following the completion of its management buyout from Moody’s Corporation, supported by the European mid-market private equity investor Equistone Partners Europe (Equistone).


Intercontinental Exchange is to aunch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world’s first futures contracts based on Abu Dhabi National Oil Company’s (ADNOC) Murban crude oil.


Vistra, a global corporate service, trust and fund administration provider, has completed the rebrand of London Legalisation Services (LLS), a London-based provider of legalisation and consular services, as Vistra.


Alpha FMC, a provider of specialist consultancy services to the Asset and Wealth Management industry has completed the acquisition of Obsidian Solutions Limited, a financial services cloud-based SaaS business in the United Kingdom.



Laxman Pai, Opalesque Asia: The global billionaires saw their collective wealth dip in 2018 for the first time in three years, erasing $388 billion of their net worth globally to $8.54 trillion, says UBS/PwC Billionaires Report 2019. Asia's billionaires saw a correction following five years of sign...


Laxman Pai, Opalesque Asia: Paris tops the list as the overall favorite for prospects in 2020, with Berlin and Frankfurt also in the top three, according to the PwC and Urban Land Institute (ULI)'s annual report on emerging trends in real estate in Europe. London is tipped as Europe's fourth most a...


Laxman Pai, Opalesque Asia: The Societe General CTA Index closed October at -2.41 percent as difficult market conditions continued in October, following a challenging September. CTAs are still in positive territory at +5.98 percent YTD, helped by earlier gains from trend following strategies and an ...


Laxman Pai, Opalesque Asia: Progressive Capital Partners, a Swiss investment boutique specialized in niche alternatives and managed futures strategies, has agreed to acquire Vontobel Asset Management's hedge fund arm. Financial details of the deal weren 't disclosed by either party. Non-disclosure...


In the week ending November 8th 2019, HFR reported that the HFRI Equity Hedge (Total) Index led main strategy performance for the month with a +1.3 percent return, bringing the YTD gain to +9.3 percent. The hedge fund industry was in positive territory to begin the fourth quarter, extending industr...


Hedge fund plans distressed Asia credit fund as stress looms From Business Times: A Hong Kong-based hedge fund is planning to raise money for its first fund dedicated to troubled Asia credit including stressed bonds, as the market for such notes has grown to US$60 billion. "We plan to st...


Tesla's Musk, Greenlight's Einhorn taunt each other on Twitter From Reuters: Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language. Einhorn on Oct. 30 had told his ...


Texas Teachers earmarks nearly $1bn for 8 alts funds From PIonline.com: The $156.4 billion Texas Teacher Retirement System, Austin, committed a total of $965 million to eight alternative investment funds in October, a transaction report showed. The investment team for the fund's $9.1 billion energ...


Debt investors should heed the lessons of Casino From FT: An eye-catching new debt deal from French supermarket group Casino could provide clues to trouble in store across corporate credit markets. The Saint-?tienne-based retailer secured euro;1.8bn of funding from high-yield bonds and loans on Th...


From CNBC: Call it an ETF explosion. U.S.-based exchange-traded funds have racked up a record $4 trillion in assets under management as of this year, with 136 ETF providers offering 2,062 ETFs to investors, according to research firm ETFGI. Overall, ETFs are seeing huge interest globally - a trend ...


China's new cryptography law: Still no place to hide The PRC National People's Congress on October 26 enacted the long awaited Encryption Law, which will come into effect on January 1, 2020. The Law is another piece of the comprehensive cybersecurity system China is rolling out under its Cybersec...


Hedge funds boost bearish gold bets before JPMorgan, Citi exit From Bloomberg: Glimmers of global optimism are casting a pall over gold. J.P. Morgan Securities unwound its gold hedge because of "signs of a cyclical recovery, easing geopolitical tensions, synchronized monetary easing,&...


From All About Alpha: Surveys often reveal investor behaviour that is challenging to understand. For example, Preqin's Alternative Investor Outlook for H2 2019 highlighted the following: 65% of institutional investors believe that real estate is overvalued and a correction likely to occur in 2019, 2...


How big investors cash in on 'alternative data' From Bloomberg: Corporate filings and government reports still guide how many investors view global economics and politics. But more of them are turning to non-traditional information -- alternative data, in industry parlance -- to supplement official...


Investors looking beyond US equity market for 2020 From Economic Time: Chinese internet stocks, housing-related debt, and leasing older planes while the Boeing 737 MAX remains grounded are among the top bets for the coming year by speakers at the Reuters Global Investment Outlook 2020 Summit in New...


Dutch pension funds set to pivot from passive to active management From FT: Passive fund assets in the euro;1.4tn Dutch pension fund market are approaching a turning point, as rampant demand for sustainable investments prompts investors to pivot to active management. The Netherlands has been one ...


China asset management industry seen to hit $30tn by 2023 From Asia Asset: China's asset management industry is expected to grow to as much as US$30 trillion by 2023, almost double from the end-2018 level, as trust companies and wealth management divisions of banks transform into professional manag...


Private equity managers are more honest than you think From Institutional Investor: Private equity funds tend to report their highest values around the same time that managers start fundraising - but research shows there could be an honest explanation. If a private equity fund's reported value pea...


US investors eyes on the bright side in Q3: Wells Fargo Opalesque Industry Update - U.S. investor optimism perked up in the fourth quarter pushing the Wells Fargo/Gallup Investor Optimism Index score up to 84 from 72 in the third quarter. It is now on par with an 85 score in the second quarter. Ga...


Will your job exist five years from now, or even in 12 months? For most people working in fund management the answer has long been a resounding yes. Although technology has brought big changes, not least in the way investment decisions are made, the traditional staffing structure of many groups has...


That's why we are going to go over recent hedge fund activity in Cooper-Standard Holdings Inc (NYSE:CPS). Hedge fund interest in Cooper-Standard Holdings Inc (NYSE:CPS) shares was flat at the end of ...



By Nicolas Rabener of FactorResearch (@FactorResearch) INTRODUCTION Surveys often reveal investor behaviour that is challenging to understand. For example, Preqin’s Alternative Investor Outlook for H2 2019 highlighted the following: 65% of institutional investors believe that real estate is overvalued and a correction likely to occur in 2019, 2020, or beyond.Read More





Since former SAC Capital Advisors trader Richard Lee pleaded guilty to insider trading six years ago, much has changed. SAC died, and was reborn. Steve Cohen was banned, and then unbanned. An endless lawsuit against the hedge fund finally came to an end, Steve Cohen’s apartment got cheaper and ...




According to the NBA, Kawhi Leonard’s knee is not healthy enough to play in back-to-back games, so the Los Angeles Clippers were not fined for resting the biggest free agent signing in franchise history for nationally-televised games in each of the last two weeks. Then, the league did fine Clippers ...


Earlier this year, former New York City Mayor Michael Bloomberg announced he wasn’t going to run for president. Sure, a real billionaire like himself would beat the pants off the fake one currently occupying the White House. The only problem was, he knew he had no chance against all of the ...



Activist investor compares shale producer’s corporate governance to WeWork’s


New deal comes not long after French retailer appeared frozen out of credit markets



The origin tale of Bumble is one of the few truly woke and female-empowered in tech. You've probably all heard it, but the Cliff Notes version is: co-founder of Tinder finds herself in a nasty personal and professional breakup with fellow co-founder, leaves the startup, sues her ex, meets ...









Mizuho Americas’ investment banking subsidiary Mizuho Securities USA has become a new General Clearing Member (GCM) and as Trading Participant on the European Energy Exchange (EEX).


Following a challenging September, the Societe General CTA Index closed October at -2.41 per cent as difficult market conditions continued in October.


Some legendary retailers destroyed by hedge fund manager owners are allowed to finally die, sold for scrap, their inventories liquidated at marginally discounted prices. And then there is Sears. For more than a decade, it has been in a spiraling, mutually self-destructive relationship with its ...




Investors want hedge funds to do more than just lower their fees. They're also hoping for more transparency and options like ETFs and separate accounts.


Central banks have been giving cheap money to investors who have been injecting it into companies that are often unprofitable and don't contribute to economic growth, says billionaire hedge fund ...



Start your day with the Opening Bell powered by The Water Coolest. The Water Coolest is the preferred bathroom stall reading material of finance professionals. Sign up for the free daily newsletter. TRAV-ESTY The OG bad boy of ride-sharing, Travis Kalanick, has moved on to a new venture that just ...



Is Elon Musk poking the bear? Continue Reading Below Tesla's CEO took a fresh swipe at hedge fund manager David Einhorn, who in his third-quarter letter accused Musk of knowingly orchestrating a ...



Liquidnet, a global institutional investment network, has appointed Patrick Strobel as Chief Technology Officer (CTO).


Progressive Capital Partners (Progressive Capital), an independent Swiss investment boutique specialisingin niche alternatives and managed futures strategies, is to acquire Vontobel Asset Management’s "Alternative Fund Solutions" unit.




A recent publication from Fidelity Institutional Asset Management, while looking at the money markets in the US, emphasizes that investors are looking for liquidity. The report, written by Kerry Pope and Chris Lewis, each an institutional portfolio manager with FIAM, begins with a discussion of the Federal Reserve’s September rateRead More


By: Vivian Tang, Michael Wong, Dechert The Hong Kong Securities and Futures Commission (SFC) has announced that it reprimanded and fined a Hong Kong private equity firm, SEAVI Advent Ocean Private Equity Limited (PE Firm), for employing or appointing unlicensed persons to perform regulated functions...


Laxman Pai, Opalesque Asia: Bahrain-based global alternative investments manager Investcorp has launched a private equity fund with Chinese partners targeting $500 million of deals in the Asian food industry. The Bahraini investment manager joined forces with state-owned China Resources and Fung Str...


Laxman Pai, Opalesque Asia: Swedish asset management firm East Capital Holding has agreed to acquire the compatriot hedge fund firm Adrigo Asset Management to strengthen its offering in absolute return and specialized investment strategies. Stockholm-based Adrigo manages two hedge funds - Adrigo He...


Laxman Pai, Opalesque Asia: Market research firm Nielsen Holdings said it would split into two publicly traded companies as the market research firm pushes to increase shareholder value. The split, which is backed by the activist hedge fund Elliott Management, sent the company's shares up 5% in pre...


South Korea's MBK Partners targets $6bn for North Asia buyout fund From Reuters: North Asia-focused private-equity firm MBK Partners is targeting as much as $6 billion for its fifth buyout fund, said two people with direct knowledge of the matter, adding to a list of buyout firms chasing capital fo...


From Institutional Investor: Is it a tale of two markets? Recent performance by Chase Coleman's Tiger Global and Dan Loeb's Third Point might make one think so.Chase Coleman's Tiger Global, known for its savvy investing in momentum technology and internet stocks, gained 2.9 percent in October, cont...


Texas Employees assigns $235m to 4 alts funds From PIonline.com: Texas Employees Retirement System, Austin, invested or committed a total of $235 million to four alternative investment strategies in October, a transaction report showed. Investment officers of the $28.5 billion defined benefit plan...


Crispin Odey makes a killing on Britain's retail apocalypse From Bloomberg: As the e-commerce boom lays waste to bricks and mortar retailers, it was only a matter of time before Britain's high street landlords were hobbled too. U.K. shopping center owner Intu Properties Plc is at the epicenter of t...


Ex-BNY gatekeeper Seyi Bucknor to lead boutique's North America operations From City Wire: Seyi Bucknor, who previously served as co-head of manager research at BNY Mellon, has been named head of North America at Newton Investment Management, a BNY Mellon affiliate. Seyi Bucknor, who once led mana...


Facebook's Libra galvanises Asian central bankers into action From Finance Asia: Facebook's plans to launch digital coin Libra next year has wrong-footed central banks in Asia and jolted some into accelerating their own alternative offerings. Mu Changchun of the People's Bank of China, said he saw...


Wall Street investors slam Warren's policies From Reuters: Some Wall Street investors and Democratic donors sharply criticized progressive firebrand Elizabeth Warren's policies on issues from taxation to affordable healthcare because they are impractical. Speaking at the Reuters Global Investment ...


IA urges next UK government to seek Brexit deal From Funds Europe: As election fever begins to take hold in the UK, the Investment Association (IA) has called on the next government to avoid a no deal Brexit and protect cross-border investment activity. In a manifesto of policy recommendations, th...


Asia's large investors plan to raise exposure to alternatives From Asia Asset: Almost half of Asian institutional investors plan to increase allocations to non-traditional or alternative assets amid concerns about economic and geopolitical risks in the US and Europe over the next year, according to...


Why women own less start-up equity in Silicon Valley From CNBC: Women working in Silicon Valley start-ups own just a quarter of the equity of their male colleagues, according to a report by software platform Carta. The study, called "Table Stakes," found this was due not only to ...


From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about...


Fire managers who ignore climate change, says UK pension regulator From CIO: Guy Opperman, the UK minister for pensions and financial inclusion, has chastised investment mangers for their lack of action regarding climate change. Opperman even suggested that pension plan trustees should give their ...


Johnson Publishing sells fashion fair cosmetics business to former execs, hedge-fund founder From WSJ: Johnson Publishing Co., the bankrupt former publisher of Ebony and Jet magazines, is selling its iconic Fashion Fair beauty line for women of color to two of its former executives and a hedge-fund...


'Warped' markets prompt pensions to add risk, Howard Marks says From Institutional Investor: Ultra-low interest rates have "warped" financial markets, prompting institutional investors to increase their risk-taking, according to Oaktree Capital Management director Howard Marks. ...


From Mirror: If you're one to know every word from Christmas classics such as Elf and Home Alone, there's a good chance your festive film binges are doing wonders for your health. The even better news is that we're actually being encouraged to watch Christmas movies all year round to give a boost t...




It's been a moment since we checked in on our old pal, former Uber CEO Travis Kalanick. The last we'd heard was that Travis was pretty pissy about not being able to ring the bell at Uber's IPO, which in retrospect appears to have been a case of saving him from himself. But by spending the last few ...



As we have amply demonstrated over the years, Lisa Maria Falcone—wife of former hedge fund manager, Halloween enthusiast and guy who has a real hard time with taxes Phil Falcone—lives by her own rules. She dances where she wants, when she wants, with whoever she wants, wearing whatever she wants, ...



Yesterday was the day that financial performance artist and SoftBank CEO Masayoshi Son stood in front of his investors and answered their most profound question: "What the fuck just happened with WeWork?" And as befits the man himself, Masa Son did not just address this query directly, he made it ...


Chainalysis, a blockchain analysis company, has appointed three new business development leaders to manage growing demand for its cryptocurrency investigation and compliance software.


ProShares has added two new ETFs to its dividend growth suite, one focusing on US technology and the other on the Russell 3000, which represents the total US market.


MayStreet, a market data platform, has assumed the role of market data provider for the US Securities and Exchange Commission’s (SEC) Market Information Data Analytics System (MIDAS).


BTIG Limited (BTIG) has created a Fixed income Credit division in London to service clients across EMEA.




Start your day with the Opening Bell powered by The Water Coolest. The Water Coolest is the preferred bathroom stall reading material of finance professionals. Sign up for the free daily newsletter. CLOUDY VISION There’s an old Japanese proverb that translates roughly to: “To lose the whole by ...


State Street Corporation (State Street), a global provider of integrated financial information and analytical applications, has partnered with FactSet to distribute the State Street MediaStats Equity Indicators on the Open:FactSet Marketplace.


Resolute Investment Managers (Resolute), a diversified, multi-affiliate asset management platform with more than 40 affiliated and independent relationships, is to acquire a majority interest in National Investment Services (NIS), an asset manager specialising in fixed-income strategies.


KRM22, a technology and software investment company that focuses on risk management for capital markets, has partnered with deltaconX, a provider of regulatory reporting services for European financial-, energy- and commodity trading organisations.



FIX Trading Community, a non-profit, industry-driven standards body for global financial trading, is too hold the FIX EMEA Trading Conference on 12 March 2020.


Hong Kong is increasing its efforts to formally regulate cryptocurrency exchanges in the city.


Drawbridge Partners, a cybersecurity software and services firm specialsing in the needs of hedge fund and private equity managers, has launched DrawbridgeConnect-R, a Vulnerability Management as a Service (VMaaS) platform.


European equities clearing house EuroCCP is to begin clearing trades executed on Frankfurter Wertpapierbörse (FWB), the Frankfurt Stock Exchange, from 11 November, 2019.



“Making mountains out of molehills sells more books than a study of molehills." - Cliff Asness With Virtu's Q3 2019 earnings out this past Monday (Nov 5), but the Q3 2019 13F report coming out next week, we are going to keep most of our powder dry for this one. However, since much of what [...]


That's why we are going to go over recent hedge fund activity in Global Indemnity Limited (NASDAQ:GBLI). Hedge fund interest in Global Indemnity Limited (NASDAQ:GBLI) shares was flat at the end of ...



Value-oriented hedge fund generates alpha by identifying situations where crowd wisdom has failed


Bailey McCann, Opalesque New York: It 's no secret that a majority of startup companies fail. Bad ideas, inexperienced management teams, or simply a lack of funding to get to the next level can end a company. Venture capital stakes its edge on being able to identify early-stage companies that are ...


Laxman Pai, Opalesque Asia: The U.S. Securities and Exchange Commission (SEC) voted to propose a set of amendments meant to modernize the advertising rules and restrictions applying to advisers under the Investment Advisers Act. According to SEC Chair Jay Clayton, the proposed amendments are intende...


Laxman Pai, Opalesque Asia: South Carolina-based rental housing giant Greystar Real Estate Partners has made a final close on its fund Greystar Equity Partners X with equity commitments of $2 billion. The company which manages and operates an estimated $150 billion of the real estate claimed that th...


Laxman Pai, Opalesque Asia: 83 percent of the surveyed investors intend to step up their activities in alternative investment funds (AIFs), said a research. Of these 70 percent plan to increase their investments in infrastructure funds, a mere 3 percent intend to scale down their activities, accord...


Man GLG launches an event-driven Ucits strategy From Funds Europe: Hedge fund company Man GLG has launched an event-driven Ucits strategy focusing on mergers and acquisitions. The long-short Man GLG Event Driven Alternative fund will typically hold between 20 and 40 positions sourced from across th...


Mercer awards $125m sustainable equity mandate to Impax From Professional Pensions: Mercer has offered a $125m ( pound;97m) mandate to Impax Asset Management's Leaders Strategy to join its Sustainable Global Equity Fund, following a rigorous selection process. The fund - part of Mercer's delegated ...


25 largest hedge funds In 2019 and their surprising top stock pick From Yahoo: What are the largest hedge funds in 2019? A lot of investors erroneously see hedge fund size as an indicator of investment success. High returns is a necessary factor in attracting assets but in our experience marketing ...


Nichola Pease to join firm husband's hedge fund is betting against From The Guardian: Nichola Pease, a high-profile investment manager, has been appointed chair of a fund management company her husband's hedge fund is betting against. Jupiter Fund Management said Pease would replace Liz Airey from ...


Facebook crypto boss: 'I don't think of Bitcoin as a currency' From CNBC: David Marcus, the head of Facebook's cryptocurrency projects, on Wednesday said that Bitcoin is digital gold, but it's not a good currency for transactions. "I don't think of Bitcoin as a currency. It's actually n...


Fund managers avoid risk in fixed income as U.S. growth slows From Reuters: Fixed income managers are insulating themselves from pockets of risk, positioning their portfolios more defensively as trade tension weighs, the 2020 U.S. elections loom and global growth slows. "The concern I h...


Equity boost following EU deal to be short-lived From Funds Europe: A slight easing of Brexit uncertainty affected UK fund flows throughout October with fixed income funds seeing their first redemptions since January as investors headed towards equities. The pattern followed the UK's announcement o...


CICC's reign continues in Chinese equity sales From Institutional Investor: Domestic and international investors agree: The best equity sales team in China belongs to China International Capital Corp. Over 1,300 buy-side analysts and money managers surveyed by Institutional Investor named CICC the ...


Private equity is the new stock From Institutional Investor: The traditional portfolio of stocks and bonds needs an alternative investment shake-up after failed monetary policy, according to executives at JPMorgan Chase Co.'s asset management unit. "We are in an odd cyclical position,...


More than three decades ago, Jim Simons embraced a radical investing approach by crunching data and creating predictive algorithms-years before these tactics were embraced in Silicon Valley and elsewhere. A former mathematics professor, Simons is worth $23 billion today. He subsidizes the salarie...


One in three European equity funds to be focused on ESG by 2030 From Investment Week: In a paper looking at the future of ESG investing, Bank of America Merrill Lynch (BofAML) has predicted that assets under management in ESG equity funds based in Europe will rise by euro;1trn by 2030. Over the...


The SEC brought more charges this year. Here's who they targeted From Institutional Investor: The Securities and Exchange Commission brought more regulatory enforcement actions in 2019, which led to a 10 percent increase in total fines paid to the agency, the latest annual report from its divisi The post appeared first on opalesque..


Activist investor calls for sale of Software Maker Instructure From Bloomberg: Activist investor Praesidium Investment Management Co. has joined a push for education software company Instructure Inc. to explore a sale. The New York-based hedge fund has identified dozens of strategic and private ...


Bridgewater founder Ray Dalio is sharing the apps behind the hedge fund's 'radical' culture with the public From Business Insider: Ray Dalio wants you to know what your co-workers and boss think about you all the time, in real time. The billionaire founder of Bridgewater said he will soon be rel...


We here at Dealbreaker really can’t get enough of Ponzi schemes. It’s hard to say what makes them so appealing. Perhaps it’s that they come in every shape and size, from Bernie Madoff (or Social Security or the credit crisis, depending on the elasticity of your definition) to the relatively small. ...




Central banks have been giving cheap money to investors who have been injecting it into companies that are often unprofitable and don't contribute to economic growth, says billionaire hedge fund ...


We are looking to generate superior returns for our readers. That's why we believe it isn't a waste of time to check out hedge fund sentiment before you invest in a stock like Franklin Financial ...



Back in August, Elliott Management finally did what it’s been preparing to do for years, and became a private equity firm in earnest, by launching what is in effect a private equity fund: $2 billion for Paul Singer to cut out the middleman, buy companies himself, and break them apart and fire ...


Man GLG has launched a UCITS version of its market neutral, event-driven arbitrage strategy, which targets merger and acquisitions activity as the source of spread-driven opportunities.


The Securities and Exchange Commission (SEC) voted yesterday to propose amendments to modernize the rules under the Investment Advisers Act […] - The post appeared first on managedfunds



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