Digital Assets Gain Favour Amongst Institutional Investors

In a survey released today by Fidelity Digital Assets, institutional investors are increasingly showing interest in digital assets, with almost 80% of the nearly 800 investors polled “finding something appealing” about the asset class. In the survey of 774 institutional investors across the US (393) and Europe (381), 36% of respondents say they are currently […]
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Sucden Joins TrueFX Clearing Network

TrueFX, an OTC market designed for the buy side, today announces that multi-asset execution, clearing and liquidity provider, Sucden Financial, has joined as a clearing member. Launched earlier this year, the clearing network allows buy side firms of all sizes to directly access liquidity on TrueFX from market makers without an intermediary. Users have the […]
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Northern Trust, BlackRock Enter Alliance

Northern Trust today announces a strategic alliance with BlackRock to deliver enhanced operations, data and servicing capabilities to mutual clients through Aladdin, BlackRock’s investment management and operations platform. The bank says the alliance will provide clients with increased efficiency, interoperability and transparency across the back, middle and front office. The relationship with BlackRock currently supports […]
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Amundi Obtains ‘Super’ ManCo Status in Ireland

Amundi today announces that the Central Bank of Ireland confirmed the European asset manager as a ‘Super’ Management Company in Ireland. It complements a range of existing authorisations held by the firm including individual portfolio management and investment advice. With the full scope of AIFMD and UCITS permissions in Ireland, Amundi says it can now […]
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BNYM IM Launches Investor Services Business

BNY Mellon Investment Management has launched BNY Mellon Investor Solutions, an SEC-registered investment adviser that offers portfolio management and investment advisory services for investors worldwide seeking outsourced investment management. The new business will offer asset allocation and portfolio construction advice, manager research and selection, investment analytics, customised investment strategies and access to trust and custody […]
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BofA Fund Manager Survey: Less Pessimism re World Growth

Global investors polled in May were less pessimistic about world growth prospects than in prior months, but remained more bearish than bullish overall, according to the findings of Bank of America Global Research’s monthly fund manager survey, released Tuesday. In May, a net 38% of fund managers – roughly 65% looked for stronger growth vs […]
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Crypto Traders Bounce Back in April as FX Suffers: Barclayhedge

The Cryptocurrency Traders Index starred in the latest Barclayhedge CTA Index, the segment reporting a 16.82% return for the month (albeit with just over 55% of funds reporting compared to the more normal rate for other segments of 70-80%). By contrast, the Currency Traders Index, having had two strong months, was the worst performer, returning […]
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State Street Collaborates for Hedge Fund Outsourcing Service

State Street Corporation has entered into an alliance with Coremont to provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations. The alliance combines Coremont’s portfolio management analytics and support with State Street’s asset servicing and administration capabilities to power the entire investment lifecycle from trading to risk management […]
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Hedge Funds Stage April Comeback

The global hedge fund business staged a comeback in April, with a positive aggregate return of +5.02%, according to the just-released April 2020 eVestment hedge fund performance data. All major hedge fund types tracked were in the green for April, although some just barely. This marks a major and promising turnaround from March when almost […]
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State Street Unveils CLS Solution

State Street has announced that it is collaborating with CLS to provide asset managers with a consolidated view of CLS Settlement information across their accounts for the first time. The collaboration will combine TradeNeXus, State Street’s electronic post-trade processing service, with CLS’s post-trade monitoring and reporting tool, CLS Trade Monitor, allowing asset managers to efficiently manage […]
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