ARK Investment Management’s ARKK and ARKW disruptive innovation ETFs have returned 76.7 per cent and 72.1 per cent respectively year to date.
Technology & software solutions
Axioma’s latest Portfolio Optimizer offers faster optimisation speeds and enhancements for tax aware portfolios
Axioma has launched the latest version of Axioma Portfolio Optimizer (APO 2017.R4) providing users with multi-core optimisation for shorter optimisation run times, improvements for tax-aware portfolio rebalancing, and new enhancements to the Optimizer’s Web Service and Python API.
ETF data firm ULTUMUS and Horizon Software have partnered in a deal designed to improve ETF trading efficiencies and result in traders having a single point for analysing and executing ETF trades.
Optimal Asset Management (OAM), an asset manager offering institutional class factor strategies to RIAs through ETF-based implementations, has launched a Factor Allocator visualisation tool.
BNP Paribas, Credit Suisse, Morgan Stanley and Societe Generale are among the latest clients to join Deutsche Bank, Goldman Sachs and JP Morgan in selecting Tradeweb’s Approved Publication Arrangement (APA) service.
MiFID II aims to increase the accountability and transparency of the financial services industry and represents the latest in a long line of regulatory developments since the '08 global financial crash.
Colt Technologies is a private telecoms company owned by Fidelity. It delivers secure, on-demand services designed to meet the stringent requirements and speed of the financial markets. Among the more than 400 capital markets firms it supports worldwide includes 18 of the 25 largest global banks and 13 European central banks. With both sell-side and buy-side firms looking for reliable access to market data under MiFID II, having the requisite market infrastructure in place is a potentially daunting task.
Winterflood Business Services (WBS), has launched its fractional share dealing service, designed to trade and hold ETFs to four decimal places.
The firm writes that this service enables online investment services, robo-advisers, platforms, discretionary fund managers and financial advisers to fully invest into ETFs and ensure these instruments can be used effectively through model portfolios of all sizes.
WisdomTree Investments, an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, is teaming up with digital wealth management platform AdvisorEngine to provide adviser growth solutions through AdvisorEngine’s acquisition of Kredible Technologies, a technology-enabled, research-driven practice management firm designed to help advisers acquire new clients.
To investigate the extent to which technology is disrupting the financial services sector, KPMG recently partnered with the Alternative Investment Management Association (AIMA) and the Managed Funds Association (MFA) to determine how managers are responding.