Market risk

AllianzIM Introduces Next-Generation Risk Management Offering With Launch of Buffered Outcome ETFs

Monday, June 1, 2020 - 1:00pm

AllianzIM Buffered Outcome ETFs are designed to expand the risk management solutions available to investors as prevailing market dynamics and declining appetite for risk create new challenges.

Key Points: 
  • AllianzIM Buffered Outcome ETFs are designed to expand the risk management solutions available to investors as prevailing market dynamics and declining appetite for risk create new challenges.
  • AllianzIM Buffered Outcome ETFs will leverage AllianzIMs core strengths, which include risk management experience and in-house hedging capabilities, managing over $145 billion in hedged assets and serving as a bridge between insurance and capital markets.
  • AllianzIM is uniquely equipped to manage outcome-based ETFs and help investors address their risk management needs.
  • AllianzIMs Buffered Outcome ETFs are offered at an expense ratio of 74 basis points, with portfolio management conducted in-house by AllianzIM.

AM Best Revises Outlooks to Stable for National Reinsurance Corporation of the Philippines

Friday, May 29, 2020 - 3:16pm

Nat Res balance sheet strength is underpinned by its risk-adjusted capitalisation that remains at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR).

Key Points: 
  • Nat Res balance sheet strength is underpinned by its risk-adjusted capitalisation that remains at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR).
  • Risk-adjusted capitalisation improved in 2019 as the company executed on strategic objectives to reduce investment portfolio exposure to market risk.
  • AM Best views Nat Res business profile as neutral given its strong relationships with local cedants and access to business through mandatory local cessions.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Purpose Investments Inc. Announces May Distributions

Wednesday, May 20, 2020 - 12:00am

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Bankcoin Reserve (BCR) Fintech Platform Partners with HomiEx

Sunday, April 26, 2020 - 10:00pm

SINGAPORE, Apr 27, 2020 - (ACN Newswire) - Bankcoin Reserve (BCR), an independent liquidity platform, now works with Homiex to provide a unique hedge against volatility.

Key Points: 
  • SINGAPORE, Apr 27, 2020 - (ACN Newswire) - Bankcoin Reserve (BCR), an independent liquidity platform, now works with Homiex to provide a unique hedge against volatility.
  • The mainnet blockchain platform hedges against market manipulation by pegging the ceiling price of USD Gold each month.
  • Bankcoin Reserve is on a mission to change the perception surrounding cryptocurrencies and is reimagining money as a financial instrument.
  • In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors.

Derivative Path Announces Key Hires in Hedge Accounting and FX

Wednesday, April 29, 2020 - 2:00pm

SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.

Key Points: 
  • SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.
  • Von Garces joins as Hedge Accounting Specialist and Cesar Hernandez joins as FX Product Manager.
  • Our growth continues to accelerate as we continually expand the functionality of our platform -- including further enhancements of its hedge accounting and FX modules.
  • Derivative Path is a San Francisco Bay Area-based FinTech company with additional offices in New York City and Chicago.

Purpose Investments Inc. Announces April Distributions

Tuesday, April 21, 2020 - 12:08am

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Purpose Investments Inc. Announces March Distributions

Friday, March 20, 2020 - 12:43am

(2) Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • (2) Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Amplify Energy Announces 37% Reduction of 2020 Capital Expenditure Budget, MTM Hedge Asset Value of $130 million and Expected Federal Royalty Relief at its Beta Field

Thursday, March 19, 2020 - 12:45pm

Full year capital expenditure guidance has been reduced from a midpoint estimate of $46 million to a midpoint estimate of $29 million.

Key Points: 
  • Full year capital expenditure guidance has been reduced from a midpoint estimate of $46 million to a midpoint estimate of $29 million.
  • Amplify also maintains a strong hedge book with 61% of forecasted 2020 production hedged, including 77% of crude oil hedged at $56.29 per barrel.
  • As of March 18, 2020, Amplifys mark-to-market value was a net asset position of approximately $130 million.
  • Further, as a result of the oil price reduction, Amplify should qualify for statutory royalty relief at its Beta field following the end of the first quarter.

NGL Energy Partners LP Affirms Fiscal 2020 EBITDA Guidance and Provides Update on Current Operations and Capital Expenditure Reductions

Thursday, March 19, 2020 - 12:17pm

NGL Energy Partners LP (NYSE:NGL) (NGL or the Partnership) is providing an update on its operations in the current commodity price environment.

Key Points: 
  • NGL Energy Partners LP (NYSE:NGL) (NGL or the Partnership) is providing an update on its operations in the current commodity price environment.
  • We have taken a number of pro-active steps to solidify our financial position while keeping our operations running smoothly.
  • Specifically, the Partnership has taken the following actions:
    High graded its Fiscal 2021 planned capital expenditure budget to leverage off the significant infrastructure investment made during this past year and the current operating environment.
  • Calendar 2021 will likely be more a challenging period as producers hedge positions decline, assuming commodity prices remain at current levels.

AEGIS Energy Risk Adds Interest Rate Derivatives Veteran

Tuesday, March 17, 2020 - 8:30am

THE WOODLANDS, Texas, March 17, 2020 /PRNewswire-PRWeb/ --AEGIS Energy Risk ("AEGIS"), the leading fintech and advisory solutions provider for commodity and rate hedging, announced today that Robert Sabo has joined the company as its Director of Rate Advisory.

Key Points: 
  • THE WOODLANDS, Texas, March 17, 2020 /PRNewswire-PRWeb/ --AEGIS Energy Risk ("AEGIS"), the leading fintech and advisory solutions provider for commodity and rate hedging, announced today that Robert Sabo has joined the company as its Director of Rate Advisory.
  • "Our clients look to us as a trusted advisor for managing commodity price risk," said Bryan Sansbury, CEO of AEGIS.
  • "Given the capital intensity and significant floating rate risk in our clients' businesses, interest rate advisory is a natural extension to our platform and services."
  • AEGIS Energy Risk is the leading fintech and advisory solutions provider for commodity and rate hedging markets, having been recognized as the Hedge Advisor of the Year for the last 3 years by Energy Risk Magazine.