This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
UK-based boutique fixed income trading desk BlueBay AssetManagement is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income assetmanager, with its traders now working directly alongside RBC BlueBay AssetManagement’s equities desk.
Perpetual Group has merged its existing regional assetmanagement businesses to form one global division led by a newly created role of chief executive of assetmanagement. The Group owns assetmanagement bands including Perpetual, Pendal, Barrow Hanley, J O Hambro, Regnan, Trillium and TSW.
State Street’s Charles River is set to manage the front-office operations for Perpetual Group’s Australian assetmanagement business. Craig Squires, group chief operating officer at Perpetual, explained that the decision came as the business sought to address current challenges and complexities across investment management.
Perpetual merges regional assetmanagement businesses under one global umbrella At number two in our most read stories series, we have the announcement that Perpetual Group had merged its regional assetsmanagement businesses to form one global division in August.
Edmond de Rothschild AssetManagement has appointed Regine Wiedmann as head of distribution for the DACH region. She will report directly to Marie Jacot, global head of distribution at Edmond de Rothschild AssetManagement, and will be based between Frankfurt and Geneva.
Milan-based O’Connor joins following almost 15 years at ACCIONA Group’s Spanish assetmanager, BESTINVER. The post BESTINVER sales trader joins MIT SIM appeared first on The TRADE. MIT SIM carries out a range of brokerage activities, with a particular focus on supporting investors looking at small to medium sized enterprises.
A Rothschild & Co senior investment dealer has left the firm for a new opportunity at Polar Capital, The TRADE can reveal. Greg Finke joins the boutiqueassetmanager after just over a year at Rothschild & Co as a senior investment dealer covering equities. The TRADE understands that it is not a trading role.
Rikki Corbyn left State Street Global Advisors (SSGA) following 11 and a half years with the firm, The TRADE learnt. He also previously served as managing director at both American Express Bank International and Deutsche Bank, Argentina. Before that, she co-founded Vicenda AssetManagement in Zug, Switzerland.
Andrew Jackson Vontobel AssetManagement has appointed ex-Credit Suisse senior executive Andrew Jackson, as its new head of fixed income, replacing Simon Lue-Fong who is departing after three years in the role. A spokesperson told The TRADE that Jackson will oversee a team of 39 investment professionals in his new role.
Polar Capital’s head of trading Alex Jenkins has left the boutique hedge fund to join rival Millennium later this year, The TRADE can reveal. Her new title is unconfirmed; however, The TRADE understands that it is not a trading role. Polar Capital confirmed Jenkins’ departure, while Millennium declined to comment.
Northern Trust has been selected to provide outsourced trading to global assetmanager Nedgroup Investments via its Integrated Trading Solutions (ITS). Amy Thorne Specifically, Northern Trust will support Nedgroup with its new in-house multi-boutique fixed income platform.
For Sharon Ruffles, head of fixed income trading for EMEA and Asia Pacific at State Street Global Advisors, the beauty of fixed income lies in how much one day can vary from the next. She began her trading career on an all-female trading desk, and says it was watching the world’s news play out in the markets that drew her to trading. “I
Citi appointed Leo Arduini as interim head of FX, effectively immediately, according to an internal memo seen by The TRADE. According to the internal memo seen by The TRADE, the bank is conducting a search for a permanent head of FX, with the expectation to fill the position in the coming weeks.
BlackRock promoted Dean Catton to take the helm for its European credit business after spending the last two years as its head of European leveraged finance trading for its alternatives business. Previously in his career, he spent several years in credit trading roles at StormHarbour Securities, UBS and Elgin Capital.
Greg Finke joined the boutiqueassetmanager after just over a year at Rothschild & Co as a senior investment dealer covering equities. Prior to joining Rothschild in January 2023, Finke spent nearly five years at Marathon AssetManagement as a global equity trader covering equities and FX.
Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process.
The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Boutique independents and the largest financial services providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry.
LiquidityBook is set to acquire boutique capital markets fintech provider, Messer Financial Software, in a bid to accelerate its multi-asset capabilities. With regard to our buy-side clients, and especially newer or smaller funds, time and again we hear their need to shadow their fund admins or manage their own books and records. “The
run them, but so do many elite boutiques (Lazard, Evercore, PJT, etc.), Outside of IB, various assetmanagers, hedge funds, consulting firms, and trading firms also run some type of spring week program, but we’re focusing on banking here. All the bulge bracket banks in the U.K.
.” Interviews are broader than IB interviews and require knowledge of asset allocation, economics, and and financial markets, but far less specific technical knowledge. Even hedge fund and assetmanagement roles are unlikely unless you’ve had a lot of experience analyzing individual companies or doing very technical analysis.
Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank. Therefore, equity research generated revenue indirectly via trading commissions , but it was still considered a front-office role due to the compensation, interaction with managers and investors, and exit opportunities.
Northern Trusts Integrated Trading Solutions (ITS) outsourced trading desk has confirmed that it is set to be supporting Stockholm-based fund company Avanza Fonder. As part of the development, Northern Trust will provide outsourced trading primarily for Avanza Fonders global, emerging market, European and US equity market index funds.
It really depends on how those how those big asset pools structure themselves, but we can foresee certain areas in the future where an assetmanager and a very large buy-side pool will collaborate on a bespoke index.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content