News Centre

BNP Paribas Asset Management Appoints New Head Of US Equities

Date 30/01/2023

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Geoff Dailey as Deputy Head of US Equities, with effect from February 2023.  He will succeed Pamela Woo as Head of US Equities following her planned retirement at the end of June 2023.  Pamela retires after a long and successful career spanning 30 years in the industry, including almost 20 years at BNPP AM.

CloudMargin Wins 2023 Risk Markets Technology Award For Collateral Management & Optimisation Product Of The Year

Date 30/01/2023

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, has won the 2023 Risk Markets Technology Award for Collateral Management & Optimisation Product of the Year. This is CloudMargin’s second consecutive win and third win since 2019 in the category, marking its fifth award from Risk.net. Last month, the firm won the FOW International Award for Collateral Management Solution of the Year.

Inflows Of US$117m Last Week, Bitcoin The Investor Favourite - CoinShares: Fund Flows

Date 30/01/2023

• Digital asset investment products saw US$117m inflows last week, the largest since July 2022, while total asset under management (AuM) have risen to US$28bn, up 43% from their November 2022 lows.
• The focus was almost entirely on Bitcoin, which saw US$116m inflows last week, although there were also minor inflows into short-bitcoin of US$4.4m.
• Multi-asset investment products saw outflows for the 9th consecutive week totalling US$6.4m, suggesting investors are preferring select investments.

In Line With The Dubai Higher Committee For Future Technology And Digital Economy's Goals, DIFC Announces “DIFC Metaverse Platform”

Date 30/01/2023

• Initiative aimed at reinforcing Dubai’s reputation as a global metaverse leader
• DIFC Metaverse Platform is aligned with the Dubai Metaverse Strategy which aims to add $4 billion to Dubai's GDP
• First initiative of the platform is a six-month accelerator programme that seeks to generate 500 applications from global metaverse innovators and stimulate investment opportunities

Quoted Companies Alliance: It’s Time To Close The Book On Annual Reports’ Never-Ending Story

Date 30/01/2023

• Quoted Companies Alliance Urges Overhaul as Average Length of Annual Report and Accounts Grows by 46% in Five Years
• Average report is now 95,000 words - longer than George Orwell’s 1984 or Jane Austen’s Persuasion – and 173 pages
• Some 5,800 words and nearly eight pages added every year because of new reporting requirements – with more to come
• Unwanted growth symbolises excessive complexity weighing down the UK’s shrinking community of publicly-quoted companies

Hong Kong Securities And Futures Appeals Tribunal Affirms Hong Kong Securities And Futures Commission Decision To Fine Cardinalasia Consulting Limited $1.5 Million And Imposes A Heavier Suspension On Its Responsible Officer For Failures In Managing Private Funds

Date 30/01/2023

The Securities and Futures Commission (SFC) has reprimanded and fined Cardinalasia Consulting Limited (CCL) $1.5 million over its failures in acting as a principal investment adviser to five private funds between August 2014 and October 2017 after the Securities and Futures Appeals Tribunal (SFAT) upheld the SFC’s disciplinary action against it.

Semi-Annual Review For EGX Indices

Date 30/01/2023

The following are changes in constituents for the EGX Indices, which will take place as of the close of January 31, 2023.

"Kyodai-Kawakita/JPX Japan Index" Launches

Date 30/01/2023

Kyoto University and JPX Market Innovation & Research, Inc. (JPXI) today announce the launch of " Kyodai-Kawakita/JPX Japan Index".
For details, please refer to the following URL.

London Calling As Hack-a-TONx Global Hackathon Stages Two-Day Workshop

Date 30/01/2023

The TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON), will stage a workshop in London, providing developer talent in the capital with an opportunity to build projects that could have a shot of winning a total prize pool of $250,000. 

Worldline Signs A Multi-Year Deal With ING - Worldline Will Support ING On Handling Their Issuing Processing In The Netherlands, Belgium And Germany

Date 30/01/2023

Worldline, a global leader in payments services, announces the extension of a partnership with ING Bank N.V., the Dutch international bank. Worldline will handle debit and credit card issuing and processing for ING across multiple countries, based on the signed agreement for multi-year period.