ETFs

Startup seeks to super-charge returns, without derivatives or debt

Fintech firm Salt Financial has a fresh approach to measuring volatility, which could transform the choices available to asset managers

They [fund managers] need to know the speed (sensitivity) of their portfolio to the market as they prepare to make a decision"
They [fund managers] need to know the speed (sensitivity) of their portfolio to the market as they prepare to make a decision" Photo: Peter Dazeley / The Image Bank / Getty Images

How do you seize the attention of investors looking to maximise their returns? For two trading executives turned fintech moguls, the answer is in their slogan: “No derivatives. No borrowing.”

Tony Barchetto, the former head of corporate development at then-upstart exchange Bats, and Alfred Eskandar, former chief executive of FactSet’s Portware trading technology provider, have an alternative to leverage — the standard, if risky, tool many investors have used to super-charge their returns.

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JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global ClienteleExternal link

JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global Clientele