Central Bank of Ireland

ASK Indian Entrepreneur Fund receives UCITS authorisation, aims raising USD500m from global investors

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星期四, 十二月 8, 2022
HNI, Accreditation, Capital, Undertakings for Collective Investment in Transferable Securities Directive 2009, BSE, SEBI, Investment fund, MD, Skin, Million Pound Menu, Royal commission, IEP, Sale, ASK Group, PMS, Monetary Authority of Singapore, Central bank, Investment, European Commission, Money, ASK, UCITS, Real estate, Central Bank of Ireland, Security (finance), Financial services

The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.

Key Points: 
  • The UCITS vehicle will be modeled on ASK's flagship PMS, ASK Indian Entrepreneur Portfolio ("IEP") which has a strong track record of over a decade, since inception.
  • Given the intense regulatory process to have a fund approved as UCITS compliant by a regulator, the UCITS label serves as a stamp of quality and reliability for overseas investors.
  • Sameer Dev, CEO, ASK Capital, further added, "ASK's Ireland domiciled UCITS Fund provides global investors with a familiar, tax efficient, and convenient access to the high growth Indian equity markets.
  • In April 2016, ASKCM successfully raised US$82mn from global investors for its first India-focussed real estate fund, India Real Estate Special Opportunities Fund (IRESOF) and in July 2017, ASKCM launched its first open-ended, India-focussed public equities fund, ASK India Opportunities Fund 1 (AIOF1) for global investors.

ESMA welcomes NCAs’ work to maintain resilience of liability driven investment funds

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星期四, 十二月 1, 2022
CSSF, NCAS, ESMA, European Securities and Markets Authority, National, NCA, CBI, LDI, Commission de Surveillance du Secteur Financier, Central bank, GBP, Commission, Central Bank of Ireland, Bank, Property management

ESMA welcomes NCAs work to maintain resilience of liability driven investment funds

Key Points: 
  • ESMA welcomes NCAs work to maintain resilience of liability driven investment funds
    The European Securities and Markets Authority (ESMA), the EUs financial markets regulator and supervisor, is welcoming the initiative of two National Competent Authorities (NCAs) in relation to Liability Driven Investment Funds (LDI Funds).
  • LDI funds denominated in GBP proved to be vulnerable to the volatility surge in the UK gilts market in September 2022.
  • NCAs engaged with GBP LDI Fund managers who subsequently increased the resilience of their funds.
  • ESMA underlines the importance of increasing funds resilience as large and unexpected shocks can unfold rapidly in the current economic conditions.

Norsk Hydro: Successful placement of new sustainability linked bonds

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星期三, 十一月 23, 2022
CFO, Norsk Hydro, Green, Oslo Stock Exchange, Prospectus, SEB, Central bank, Danske Bank, NOK, Euronext Dublin, EUR, Hydro, Central Bank of Ireland, Security (finance), Renewable energy, Nordea

Norsk Hydro ASA has today completed a successful placement of new senior unsecured sustainability linked bonds with a total amount of NOK 3,000 million.

Key Points: 
  • Norsk Hydro ASA has today completed a successful placement of new senior unsecured sustainability linked bonds with a total amount of NOK 3,000 million.
  • The transaction is split between two tranches:
    - 6 year NOK 1,500 million with a floating rate of 3m Nibor + 2.000% p.a.
  • We are very pleased to be the first investment grade Norwegian company having issued sustainability linked bonds.
  • An application will be made for the bonds to be listed at the Oslo Stock Exchange.

Beazley and Assureful launch industry first usage-based liability insurance for e-commerce businesses

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星期二, 十一月 15, 2022
E-commerce, Professional, Machine learning, Risk, Pain, Commercial general liability insurance, Insurance, Central Bank of Ireland, Life, Policy, Central bank, Incubation, Assurant, Fitch, Commercial, Uncertainty, Natural language processing, Data science, Life insurance, Reinsurance

London, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has partnered with Assureful to offer the industrys first, usage-based liability insurance solution for e-commerce companies.

Key Points: 
  • London, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has partnered with Assureful to offer the industrys first, usage-based liability insurance solution for e-commerce companies.
  • Assureful, which worked with Beazleys Incubation Underwriting team to create this new insurance solution has also been appointed a Lloyds Coverholder.
  • Neil Kempston, Incubation Underwriter at Beazley, commented: By working with Assureful, Beazley is supporting the markets first direct digital distribution of usage-based liability insurance.
  • Data and technology have allowed us to develop a truly usage-based Commercial General Liability insurance product for eCommerce businesses of all sizes.

Liquidnet Elevates Equities Trading Application With Integrated Analytics

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星期四, 十一月 24, 2022
Professional Services, Data Management, Technology, Finance, Software, Banking, Financial Sector Conduct Authority (South Africa), CMS, Canadian Investor Protection Fund, Central bank, Investment Industry Regulatory Organization of Canada, Investment Commission, Warsaw Stock Exchange, SIX Swiss Exchange, AFSL, London, Pressure, Securities and Futures Commission, Intelligence, Data Analytics Acceleration Library, Financial Conduct Authority, Monetary Authority of Singapore, Financial Services Agency, CMSL, Central Bank of Ireland, Australian Securities and Investments Commission, Finance, TP, Money, London Stock Exchange, Financial adviser, Computer data storage, Security (finance), Liquidnet

Liquidnet, a leading technology-driven agency execution specialist, today announced the integration of the firms proprietary trading analytics into its equities trading application.

Key Points: 
  • Liquidnet, a leading technology-driven agency execution specialist, today announced the integration of the firms proprietary trading analytics into its equities trading application.
  • Powered by Liquidnet Investment Analytics (IA), a sophisticated analytical solution, traders will have access to personalized pre and intra-trade analytics through real time alerts and intuitive visualizations.
  • This feature enables greater informed execution decisions without leaving the Liquidnet equities application and adds efficiency to the process of supporting portfolio managers.
  • Rob Cranston, Global Head of Equities Product at Liquidnet, said: We are bringing these analytics to the dealers desktop to support the far more manual, specialized, and nuanced trading of complex blocks.

Monetary policy communication – past ECB policymakers commend Bank’s progress and call for more

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星期五, 十一月 11, 2022
Calendar, Working paper, S, ECB, Central bank, Communication, Fear, Governing Council of the European Central Bank, Risk, Real-time gross settlement, Governor, NCB, A, Uncertainty, European Central Bank, No, Time, Journal of Monetary Economics, Policy, NCBS, RESEARCH, Monetary economics, Journal, Directorate, Social media, De Nederlandsche Bank, Blinder, Personal ordinariate, Central Bank of Ireland, Political economy, Board of directors, Language, Decision-making, Bank, Journal of Political Economy, Trust, Marketing, Cryptocurrency, Public relations, Risk management, Communications satellite, Bookkeeping, Management, Ehrmann, Samarina

This is not surprising central banks need to explain increasingly complex monetary policies, often in the context of broader mandates.

Key Points: 
  • This is not surprising central banks need to explain increasingly complex monetary policies, often in the context of broader mandates.
  • In the light of these developments, it is important to assess current communication practices and identify any room for improvement.
  • In the survey we sought their views on euro area monetary policy communication, the related challenges and the road ahead.
  • Nevertheless, some respondents commented on the risk that communication with financial markets can go too far, in particular if market expectations dominate policy.
  • The survey also asked for respondents views regarding the various types of forward guidance, which refers to central banks communicating about the future path of monetary policy.
  • With regard to the representation of individual views, most respondents thought that the ECBs monetary policy communication was about right (Chart 3).
  • Diversity of views on the Governing Council

    Notes: The figure shows the responses to the question In most central banks, monetary policy is set by a committee.

  • Whereas some central banks encourage that the diversity of views on the committee is represented in the external communication, others have adopted a one-voice policy.
  • Where, in your view, is the monetary policy communication by Governing Council members located along this spectrum?
  • Overall, the respondents assessed the ECBs monetary policy communication as broadly adequate.
  • These results reveal that, from the perspective of former policymakers, what constitutes effective communication varies across audiences and is likely to evolve over time.
  • Central banks would therefore be well advised to continue assessing and adjusting their communication practices.

Liquidnet Advances Electronification of Primary Market Workflow With Live Deals

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星期一, 十一月 7, 2022
Networks, Data Analytics, Finance, Banking, Data Management, Professional Services, Technology, Fintech, Janus, EMEA, Warsaw Stock Exchange, Financial Conduct Authority, Central bank, London Stock Exchange, SIX Swiss Exchange, Financial Sector Conduct Authority (South Africa), Australian Securities and Investments Commission, SSAS, TP, Central Bank of Ireland, Securities and Futures Commission, REDI (Execution Management System), Group, EMS, Primary market, London, Finance, Financial Services Agency, Market, AFSL, Intelligence, Canadian Investor Protection Fund, Data Analytics Acceleration Library, View, Monetary Authority of Singapore, CMS, CMSL, Money, Investment Industry Regulatory Organization of Canada, CRD, Janus Henderson, Investment Commission, Efficiency, Security (finance), Liquidnet

Mark Russell, Global Head of Fixed Income at Liquidnet, said: We are delighted to deliver on our promise; a primary market workflow that brings real efficiency to the live deals in the market.

Key Points: 
  • Mark Russell, Global Head of Fixed Income at Liquidnet, said: We are delighted to deliver on our promise; a primary market workflow that brings real efficiency to the live deals in the market.
  • Jonathan Gray, Head of Primary Markets, EMEA, added: Weve been on this electronification journey alongside the buy side for a number of years now.
  • With these live deals, we have now proven that it all works, that we got there.
  • The seamless completion of live deals through the Liquidnet platform is a major step forward.

EQS-News: E.I. Sturdza Strategic Management Limited: Eric Sturdza Investments aims to create profit-making opportunities for investors in a difficult market environment with a new fund

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星期四, 十一月 3, 2022
News, Rationalization, Investment, Wellington Management Company, Pressure, Commission, Climate change, Guernsey Financial Services Commission, Central bank, Income, Research, Comment, Industry, Risk, Orientation, Financial adviser, 3rd Floor, CIO, Guernsey, Group, Sale, ID, Supplement, Wall Street, Company, Probability, Communication, Central Bank of Ireland, Commission de Surveillance du Secteur Financier, Ruta graveolens, Fund, Prospectus, Security (finance), Public relations, EU

Frankfurt, 01 November 2022 The fund company Eric Sturdza Investments has launched a new equity fund the Strategic Long Short Fund which can enter into long and short positions.

Key Points: 
  • Frankfurt, 01 November 2022 The fund company Eric Sturdza Investments has launched a new equity fund the Strategic Long Short Fund which can enter into long and short positions.
  • The fund is managed by the investment advisor Crawford Fund Management (Crawford) under the management of the experts Christopher L. Crawford, Scott L. Utzinger and Jonathan R. Saunders.
  • Sturdza Strategic Management Limited (Eric Sturdza Investments) was founded in November 1999 and is part of the Geneva-based Eric Sturdza Group, which incorporates private bank, family office, wealth manager and management company.
  • Eric Sturdza Investments provides its portfolio managers with a comprehensive infrastructure that allows them to focus on pure portfolio management.

Beazley’s latest Cyber Services Snapshot research reveals fraudulent instruction claims are on the rise

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星期二, 十一月 1, 2022
Life, Central bank, Organization, GLOBE, Industry, Gaps, Overalls, Central Bank of Ireland, Fitch, Risk management, Reinsurance, Insurance

London, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Fraudulent instruction as a form of cyber attack is on the rise according to data released today in Beazleys new Cyber Services Snapshot report.

Key Points: 
  • London, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Fraudulent instruction as a form of cyber attack is on the rise according to data released today in Beazleys new Cyber Services Snapshot report.
  • These data points provide a real-time view into incidents reported to Beazley, revealing an ongoing picture of emerging cyber risk.
  • The data reveals that professional service firms experienced more fraudulent instruction and almost as many business email compromise incidents so far in 2022 as in the whole of 2021.
  • Claims caused by fraudulent instruction are on the rise this year despite an overall decline in incidents.

Eric Sturdza Investments launches Strategic Long Short Fund

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星期二, 十一月 1, 2022
Banking, Asset Management, Professional Services, Finance, Initial, Crawford, Investment, Wellington Management Company, Commission, Guernsey Financial Services Commission, Crawford Fund, Central bank, Income, Research, SFDR, Risk, Orientation, Financial adviser, IOP, 3rd Floor, ID, Wall Street, Company, Probability, Communication, Central Bank of Ireland, Multimedia, Commission de Surveillance du Secteur Financier, Ruta graveolens, Fund, UCITS, Financial services, Security (finance), Bank

Eric Sturdza Investments , an independent asset management firm that provides actively managed strategies to institutional and wholesale clients, has partnered with Boston-based Crawford Fund Management to launch the Strategic Long Short Fund.

Key Points: 
  • Eric Sturdza Investments , an independent asset management firm that provides actively managed strategies to institutional and wholesale clients, has partnered with Boston-based Crawford Fund Management to launch the Strategic Long Short Fund.
  • The Strategic Long Short Fund is a UCITS-compatible fund and classified as an article 8 Fund under the SFDR.
  • Sturdza Strategic Management Limited, said: We are delighted to be launching the Strategic Long Short Equity Fund, a new investment product that will further diversify our growing range of global funds.
  • Sturdza Strategic Long Short Fund as of 1 November 2022 and are based on internal research and modelling.