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From an operational standpoint, we expect three strategic priorities to dominate in 2018: 1. The industry is rethinking how to manage the generation, storage, transformation, usage and retirement of both structured and unstructured data. A strong push to refocus on investmentmanagement.
The scheme has recognised numerous promising talents over the years, many of whom have gone on to expanded roles such as head of trading at some of the world’s largest assetmanagers and hedge funds. Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015.
Running for its ninth year, the Rising Stars initiative, in partnership with Instinet, has recognised a number of up-and-coming talents over the years, many of whom have gone on to hold impressive roles and head up some of the largest and most successful desks across the world’s leading assetmanagers and hedge funds.
The Securities and Exchange Commission (SEC) has charged Pacific InvestmentManagement Company (PIMCO) $9 million for disclosure, policies and procedures violations involving two funds the firm advises on. PIMCO failed to comply with both of these critical obligations.”
Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon AssetManagement. Legal & General InvestmentManagement (LGIM) promoted one of its own to the role of head of US equity and foreign exchange trading.
Stéphane Marie-Françoise, director, multi-asset trader, Unigestion Senior vice president and multi-asset trader at Unigestion, Stéphane Marie-Françoise, has an extensive financial markets career spanning more than 20 years. He began his career at the UK’s HM Treasury, before moving to AIG Investments to manage fixed income funds.
Following the implementation of Mifid II in 2018, Europe unbundled trading and research, resulting in all assetmanagers having to pay for research in cash only. European assetmanagers looking for diversity and greater competition in US broker research will also be impacted by the lapse. Therefore, today we lapse.”
The narrative of the service being used solely by smaller hedge funds has been replaced by suggestions that outsourced trading is gathering pace among larger fund managers. Coalition Greenwich points out that from 2018 to 2022 the number of outsourced trading providers grew from fewer than 10 to more than 40.
For some assetmanagers and hedge funds, the seemingly impossible notion of all traders not physically sitting together on a centralised desk and communicating face-to-face was all but wiped away overnight as the hybrid working setup was forcibly tested and passed with flying colours.
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