Integral, a technology provider to banks, brokers, and asset managers in the foreign exchange market, reported average daily volumes (ADV) across Integral platforms totalled USD35.1 billion in June 2020.
SANNE, a global provider of alternative asset and corporate services, has appointed Sakuya Tajima as Head of Business Development ̶ Japan.
TISA, the UK’s cross-industry financial services membership body, has appointed Atos, a digital transformation firm, to build a digital utility for the asset management industry, called the TISA Universal Reporting Network (TURN). TURN is being created to ease regulatory reporting requirements for MiFID II. It will be available across Europe based on blockchain technology and is due to launch in the last quarter of 2020.
The aggregate funded ratio for US corporate pension plans increased by 0.7 percentage points in June to end the month at 82.7 per cent, according to Wilshire Consulting, the institutional investment advisory and outsourced-CIO business unit of Wilshire Associates.
HSBC Global Asset Management today announces the appointment of Daniel Leon as Global Head of Trading, Treasury Management and Global Solutions. Daniel will report into Joanna Munro, Global Chief Investment Officer and will be based in London.
The International Stock Exchange (TISE) has announced that Jon Moulton will be retiring as parent company Chairman and stepping down as a Director at the end of the year.
Morgan Stanley Investment Management (MSIM) has launched Morgan Stanley Global Balanced Sustainable Fund, seeking to generate a measurable, positive environmental and social impact, alongside a financial return.
MAPFRE AM, the asset management arm of the Spanish insurance group, is joining forces with Global Social Impact Investments SGIIC (GSI) to launch the Global Social Impact Fund (GSIF). A new investment vehicle which aims to raise EUR50 million for high social impact companies in both frontier and emerging markets.
The Tyne and Wear Pension Fund, administered by South Tyneside Council, has invested GBP650 million in the Future World Index Equity Fund range, managed by Legal & General Investment Management (LGIM), as part of its ongoing commitment to generating sustainable long-term returns in a responsible manner.
RiskFirst, a Moody’s Analytics company, has integrated Guaranteed Minimum Pension (GMP) capabilities into the PFaroeDB solution, its flagship defined-benefit (DB) pension scheme analytics platform.