logo
Mind Money Joins Global Leaders at IMpower 2025 With Breakthrough Weather Model

Mind Money Joins Global Leaders at IMpower 2025 With Breakthrough Weather Model

Leading European center for investment technologies and financial engineering Mind Money (CIF license 115/10) is joining over 1,500 industry leaders at IMpower FundForum 2025, taking place this week at the Grimaldi Forum in Monaco. The event brings together top names from asset and wealth management, including fund selectors, asset owners, and senior executives from the world's leading financial institutions.
Representing Mind Money at the forum are Dr. Igor Isaev, Doctor of Technical Sciences, Head of the Analytics Center, Anastasia Volkova, analyst (LSE) and Ksenia Lazure, long-term client of the company and member of the Women's Club of Monaco. The team will be sharing insights from the company's standout innovation this year — a quantitative weather model, which was recently recognized as one of the world's top financial innovations by Global Finance Magazine.
This award-winning model was named a laureate of the Global Finance: The Innovators 2025 award in the category Top Innovations in Finance – Western Europe.
Built to track and model the impact of weather and climate on global commodity markets, the system is already being used to guide trades in calendar and inter-commodity spreads — helping Mind Money maintain six consecutive profitable years without a single losing year.
'Our goal was to create something that connects real-world weather patterns with real-time trading decisions,' says Dr. Isaev. 'From short-term events like sudden frosts or hurricanes to long-term shifts like drought cycles, the model helps us spot risks and opportunities early — before the market prices them in.'
Anastasia Volkova adds, 'We're excited to share this innovation at IMpower FundForum and show how weather data can be a powerful tool for investors looking to manage risk and find new opportunities.'
The model uses satellite data and global climate indicators to help predict how markets might move over time. It is created based on a mathematical method for modeling events with uncertain probability, which makes it especially useful for trading in markets affected by the weather — like natural gas, oil, grains, livestock, and other commodities.
Performance data of the strategy is publicly available in the Bloomberg Terminal under FIGI: BBG00T87Z5T1.
About Mind Money
Mind Money (ex Zerich Securities) is a leading European investment technology hub headquartered in Limassol, Cyprus, and regulated by CySEC CIF License 115/10. Mind Money provides seamless access to stocks, exchange-traded funds, bonds on major stock markets, and opportunities for pre-IPO and IPO investments in the global markets. Established in 2010, Mind Money has evolved into a dynamic financial technology hub with a strong focus on innovation and data analytics.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Crystal Palace: Woody Johnson completes purchase of John Textor's 43% stake in club
Crystal Palace: Woody Johnson completes purchase of John Textor's 43% stake in club

Yahoo

time18 minutes ago

  • Yahoo

Crystal Palace: Woody Johnson completes purchase of John Textor's 43% stake in club

New York Jets co-owner Woody Johnson has completed the purchase of Eagle Football Holdings' 43% stake in Crystal Palace. The announcement brings to an end controversial former co-owner John Textor's four year association with the club. Textor is co-owner of Eagle Football Holdings, who owned stakes in both Lyon and Palace as part of a multi club ownership model. Upon Palace qualifying for the Europa League last season, UEFA ruled that Textor had decisive influence in the south London club, demoting them to the Conference League as a result of Lyon also qualifying for the Europa League. UEFA rules state that clubs owned, to a certain threshold of influence, by the same person or entity cannot compete in the same European competition in the same season. Textor also aimed several digs at Palace chairman Steve Parish in an interview with talkSPORT earlier this month. 78-year-old Johnson has now bought Textor's shares, signing the Premier League's Owners' Charter in the process. Johnson, former U.S. Ambassador to the UK under Donald Trump, joins Parish, Josh Harris, and David Blitzer on Palace's board. On completion of the deal Woody Johnson said: 'I am honoured and privileged to be joining the ownership group of Crystal Palace Football Club. "It is an organisation with a proud history, tradition, and deep roots in English football in South London, which I came to admire during my time as U.S. Ambassador to the United Kingdom. "Eagles fans have demonstrated extraordinary loyalty, passion, and unwavering dedication and I am excited to meet and get to know them. "I have great respect for Steve Parish and the leadership he has provided over the years. I look forward to working with him and the entire ownership group to build on the club's recent successes and help shape an exciting future for Crystal Palace. "This is more than an investment - it's a commitment to realising the vision for the club, the community, and the culture around Selhurst Park.' Chairman Steve Parish added: 'At this exciting time for Crystal Palace, we are delighted to be welcoming Woody to the ownership of the Football Club. "We very much look forward to working alongside him to build on our historic recent success moving forwards.'

US Treasuries Fall for Second Day as New Jobless Claims Fall
US Treasuries Fall for Second Day as New Jobless Claims Fall

Yahoo

timean hour ago

  • Yahoo

US Treasuries Fall for Second Day as New Jobless Claims Fall

(Bloomberg) -- Treasuries slipped for a second day after new jobless claims fell for a sixth week, suggesting Federal Reserve policymakers will have to contend with a resilient US labor market. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Can This Bridge Ease the Troubled US-Canadian Relationship? The selloff pushed Treasury yields on most tenors two to four basis points higher as of early afternoon in New York, with the benchmark 10-year's trading at 4.4%. Interest-rate swaps showed traders slightly pared bets on Fed rate cuts. They are now pricing in 42 basis points of reductions by the end of the year, with the first full cut coming by the October meeting. 'The bottom line is that the Fed can't credibly cut rates with an unemployment rate of 4.1%,' said George Catrambone, head of fixed income, DWS Americas. 'There is a glass ceiling on how high yields can push out of their current range with a Fed that's frozen in place.' Data released Thursday showed initial claims for unemployment benefits fell to 217,000 in the week ended July 19, the lowest since mid-April. The six weeks of declines is the longest such stretch since 2022. 'The labor market deterioration has slowed or stopped, with the caveat the labor supply, immigration, negative data revisions are making reading the labor market data tricky,' said Ed Al-Hussainy, rates strategist at Columbia Threadneedle Investment. Market expectations of rate cuts starting from late September, 'may be off the table if unemployment is unchanged next week,' he said. European government bonds also stumbled Thursday after the European Central Bank tempered expectations of a possible interest rate cut in September. Investors were already turning broadly more risk-on amid deals between the US and its trading partners. The European Union and the US are progressing toward an agreement that would set a 15% tariff for most imports, according to diplomats briefed on the negotiations. Another pressure point for traders is a dispute between President Donald Trump and Federal Reserve Chair Jerome Powell over construction works, which the president has criticized for cost overruns. Last week, Trump has said that he didn't plan to fire Powell before the end of his term. Trump was set for a tour later Thursday of the $2.5 billion renovation of the central bank's headquarters. 'The mounting risk of the Fed being seen as acting more on a political than a fundamental level is a sizable threat to long-end rates over the medium term,' Rabobank strategists wrote in a note. Earlier on Thursday, a $21 billion auction of 10-year Treasury Inflation-Protected Securities drew solid demand. --With assistance from Naomi Tajitsu. (Updates prices in second paragraph, adds strategist quote.) Burning Man Is Burning Through Cash Elon Musk's Empire Is Creaking Under the Strain of Elon Musk It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan A Rebel Army Is Building a Rare-Earth Empire on China's Border How Hims Became the King of Knockoff Weight-Loss Drugs ©2025 Bloomberg L.P.

EU says China's links with Russia now 'determining factor' in ties
EU says China's links with Russia now 'determining factor' in ties

News24

timean hour ago

  • News24

EU says China's links with Russia now 'determining factor' in ties

EU chief Ursula von der Leyen warned on Thursday that China's ties with Russia were now the 'determining' factor in its relations with the European Union. She was wrapping up a summit in Beijing that also saw the bloc agree to speed up exports of rare earth minerals. China's leadership has sought to draw the European Union closer as it positions itself as a more reliable partner than the United States and a bedrock of stability in a troubled world. Though nominally intended to celebrate 50 years of diplomatic ties, the long list of grievances set the stage for a contentious summit. The EU has made clear there are deep divisions over trade, fears that cheap, subsidised Chinese goods could overwhelm European markets, and Beijing's tacit support for Russia's war against Ukraine. Brussels says China's deepening political and economic relations with Russia since the 2022 invasion represent backing for Moscow that has helped its economy weather sweeping Western sanctions. READ | EU to ramp up retaliation plans as US tariff deal prospects dim Wrapping up that summit, von der Leyen told a news conference in Beijing that the bloc had made clear that the issue was now the 'determining' factor in its relations with China. 'We expressed... our expectations that China would follow up on our concerns and the expectation that it would use its influence to bring Russia to accept a ceasefire, to come to the negotiation table, enter peace talks and put an end to the bloodshed,' she said. She also said the bloc had agreed with Beijing to an 'upgraded' mechanism for Chinese exports of rare earth minerals - another key sticking point in ties. And European Council President Antonio Costa, who was also in Beijing, said the officials had raised human rights concerns with Chinese officials. 'Deepen cooperation' China, in contrast, framed Thursday's summit as a way for the bloc and Beijing to deepen trust in a turbulent world - pitching itself as a reliable partner in contrast with the United States. Welcoming von der Leyen and Costa at Beijing's ornate Great Hall of the People, President Xi Jinping said, 'the more severe and complex the international situation is, the more important it is for China and the EU to strengthen communication, increase mutual trust and deepen cooperation'. In the context of that turmoil, Xi said, Chinese and European leaders must 'make correct strategic choices'. The challenges facing Europe at present do not come from China. 'There are no fundamental conflicts of interest or geopolitical contradictions between China and the EU,' the Chinese leader said. In response, von der Leyen said 'it is vital for China and Europe to acknowledge our respective concerns and come forward with real solutions'. Ties had reached an 'inflection point', she warned. Costa also stressed to the Chinese leader that the bloc wanted to see 'concrete progress on issues related to trade and the economy, and we both want our relationship to be... mutually beneficial'. In a separate meeting on Thursday, Chinese Premier Li Qiang told the two EU leaders that 'close cooperation' was a 'natural choice' for the two major economies. 'As long as both China and the EU earnestly uphold free trade, the international economy and trade will stay dynamic', he said. Brussels had acknowledged the talks between its top bosses and Chinese leaders would be tense. 'We know that we don't see eye to eye with China on many issues,' a senior EU official told AFP last week. 'But we believe that it is essential to have this kind of very direct and open and constructive conversation sitting at the table at the highest level.' Climate agreement China and the EU also vowed to 'step up' efforts to address climate change. The warming planet has historically been an area of convergence between Brussels and Beijing, with both sides signalling a willingness to cooperate on combating climate change. Chinese and European leaders agreed on enhancing bilateral cooperation in areas such as the energy transition and committed to accelerating global renewable energy deployment, a joint statement said. READ | 'Strategic allies': EU leaders praise Ramaphosa, announce €4.7bn package for energy, vaccines Also on the agenda for the EU is the yawning trade deficit with China that stood at around $360 billion last year and which von der Leyen has described as 'unsustainable'. Beijing has dismissed those concerns, insisting that Brussels must 'rebalance its mentality' rather than its economic ties with China. If EU concerns were not addressed, 'our industry and citizens will demand that we defend our interests', von der Leyen said in Thursday's talks with Li. The EU has imposed hefty tariffs on electric vehicles imported from China, arguing that Beijing's subsidies unfairly undercut European competitors. China has rebuffed that claim and announced what were widely seen as retaliatory probes into imported European pork, brandy and dairy products.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store