Principal Investment Management, the private client investment management firm, has moved into larger London offices. This move supports Principal’s growth plans which have already generated record new business inflows in Q1 and Q2 this year. Assets under management now stand at GBP1.1bn. Hugh Titcomb, Principal’s chief executive, says: “The last year has been a strong one in so many ways: we have embarked on a number of innovations; have deepened our partnership with many of our IFA supporters; have attracted new supporters; and launched major new services which have quickly gained traction in the market. All of these have helped us drive the business forward but inevitably all have required extra resource.”
Singapore Exchange has established a London office to better serve its growing number of European-based customers. The London expansion follows Singapore Exchange’s 3 June commitment to invest USD250m in its Reach initiative. Reach will create the world’s fastest trading engine, establish a data centre and seamlessly connect trading communities in Chicago, New York, Tokyo and London to Singapore. These four hubs will lower cross-border connectivity costs.
KB Associates, a consulting firm to the asset management community, has inaugurated a new office in London’s Mayfair. The new office will advise managers wishing to establish funds in regulated jurisdictions on operational issues including providing advisory and project management support to managers re-domiciling funds into Europe. It will also provide operational advice to London based asset managers.
The Battle of the Quants – LONDON returns for the 3rd year. A new innovative lineup promises to deliver the most cutting edge Quantitative Hedge Fund Event in the world. Featuring the financial world’s most exciting quantitative managers, investors and technology providers, the full day event will examine how quantitative finance is increasingly finding its way into all corners of the financial world. Fascinating panel discussions include High Frequency Trading, UCITS and Quants, Quant investors’ allocation priorities, latest quantitative innovations, and of course the “Battle” between Discretionary VS. Quantitative trading. (more…)
Cardano has assigned Stephanie Bruneau and Anna Genda to its London-based team.



