Tuesday 19 May 2020

State Street announces ...

Or ...

LONDON, 14 May 2020 - State Street Corporation announced today it has entered into an alliance with Coremont to provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations.

Or ... it has already announced. Yes, PR email, but ... I don't know what's going on. 'You don't want to know, boss!' That's right. Ha, ha, ha! 'It's not that funny.' Oh, it is.

Little Voice. What would I do without him?

Anyway ...

This alliance combines Coremont’s portfolio management analytics and support with State Street's asset servicing and administration capabilities to power the entire investment lifecycle from trading to risk management to NAV production. The offering spans all major asset classes including Fixed Income, Currencies, Equities, and Commodities, with strong coverage in derivatives modelling and processing.

Okay, okay. So,  it's something to do with hedge funds, which is nice. When was the last time I wrote about hedge fund stuff, Voice? 'God knows.' Go and ask Him then. 'You talk to Him. He's your mate.' Hardly.

I wonder what Paul makes of all this ... 'Are you going to speak to him?' No. But he's going to speak to us. Just a feeling.

"This announcement marks a transformation in how hedge funds can be serviced, highlighting the invaluable insights data can bring when combined with new technologies," says Paul Fleming, global head of Alternative Investment Services at State Street. "Through this solution we are providing our clients with a single, consolidated set of records between portfolio managers and administrators, ensuring greater transparency and reduction of errors."

Thanks, Paul! 'Can he hear you, boss?' I don't know. Does it matter? Uh. I don't care. It doesn't matter who hears or doesn't hear.

Now, Jev?

"This alliance represents the fruit of our long-standing collaboration with State Street," says Jev Mehmet, chief executive officer at Coremont. "It underlines our shared commitment to technological and operational excellence in the support of emerging and established managers of all styles and asset classes."

Okay. Okay. Thank you, Jev. Good luck with it. / 'You've got to wonder where these voices come from, boss, haven't you?' Ha! I've got to wonder where you come from, Voice. Seriously.

...

Anything else?

Moods.

Moods change. We all know that. Are we the same person though ... when they change?

Maybe there is no person, ever. It's an illusion. Just because a personality seems to be trapped inside a body. Human beings getting big ideas about nothing. Thoughts are not theirs. Emotions are not theirs.

It all makes sense, if you are ... "me".

That's why I don't want any ridiculous stories. The people who need stories should grow up.

If you've got no thoughts, and no emotions, how can you expect stories?

Nothing belongs to you. The words are just passing through, yes, a-ROUND. You don't own them. You can't make sense of them unless ... you're some kind of cretin. An arrogant fool.

Let them come, and let them go. Enjoy the sounds. But try to be aloof. The cosmos? It might be your friend, sure. But maybe it wants to destroy you. Or at least control you. Or maybe I'm being paranoid.

So, yes, yes ... No. 805 will be coming later. More comedy. More tragedy. I can't even tell the difference these days.