Institutional Asset Manager Newsletter

NEWSLETTER | 18 Jun 2020

Asset managers search for value and quality in expensive equity markets

Equities markets are overvalued and expensive, if you ask asset managers. A survey this month of global fund managers by Bank of America Merrill Lynch showed that 78 per cent believe that stock markets are currently overvalued, which marks the highest level since the closely-watched survey began in 1998.

Thu | 18 Jun 2020, 11:35

Matrix IDM, a solutions provider to asset owners and managers, has successfully integrated FinTech Studios Apollo.ai platform into the Matrix offering. Matrix users now have the enhanced ability to track all news relating to their portfolios across all asset classes including private equity.

Thu | 18 Jun 2020, 11:35

Meritsoft, a Cognizant company, and Taskize, a Euroclear company, are integrating their automated fails operational workload offering and global operational task management solutions to provide an end-to-end Central Securities Depositories Regulation (CSDR) management solution.

Ogier welcomes new Cayman regulatory regime for virtual assets

Thu | 18 Jun 2020, 11:35

A new framework for regulating virtual asset businesses in the Cayman Islands will add a welcome degree of certainty and help maintain the jurisdiction’s position as an attractive domicile for legitimate virtual asset businesses, according to Ogier partner Bradley Kruger.

Thu | 18 Jun 2020, 11:35

CoinShares has launched a new digital asset custody business for institutional investors, Komainu, under the leadership of CoinShares’ CEO, Jean-Marie Mognetti.

Thu | 18 Jun 2020, 11:35

UMB Distribution Services (UMBDS) has been named distributor for Smead Value Fund, a registered mutual fund advised by Smead Capital Management.

Thu | 18 Jun 2020, 11:35

Neuberger Berman, a private, independent, employee-owned investment manager, has appointed Caitlin McSherry as director of investment stewardship on the ESG Investing team.