CMA signs Kempen Capital Management

Source: CMA

CMA, the credit information specialist, today announced that Kempen Capital Management (KCM), a boutique asset manager with offices in Amsterdam and Edinburgh, has appointed CMA to provide independent price verification data service via DataVision for single-name CDS and indices.

The news comes days after CMA announced an enhancement to its credit index valuation services. KCM is owned by Kempen & Co, one of the Netherlands' leading merchant banks.

Mr. Richard Klijnstra, Senior Portfolio Manager at KCM, commented "Kempen looked at a number of credit data vendors and we were impressed at DataVision's accuracy and coverage as it gave us access to a broad universe of CDS's and Indices. DataVision will enhance the ability of our Credit and Asset Allocation teams to more effectively analyse trends on an index and entity level as we believe CMA's buy-side model accurately reflects true market prices."

CMA DataVision is a high quality, same day, consensus based price verification data service for CDS, Indices and Tranches, used primarily for mark-to-market, flash P&L, research and analytics. It is sourced from 30 buy-side firms including leading Hedge Funds, Asset Managers and the buy-side desks of global Investment Banks.

KCM is a specialist asset manager with a pronounced investment style in European equities, bonds and real estate funds for various institutional investors, foundations and high-net-worth individual clients. KCM's investment funds include the well-known Orange funds.

Laurent Paulhac, CMA's CEO, commented "Clients are becoming increasingly aware of the need for timely, independent pricing information, especially in light of recent market volatility. CMA is delighted that KCM has selected DataVision, further demonstrating that our innovative buy-side consortium model is increasingly viewed as the most robust and reliable price verification service for single name CDS, indices and tranches."

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