The TRADE

JUNE 10, 2024

Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader. He will also be involved in the ongoing management of the Titan Hybrid Capital, Core Credit, and Short Duration IG income funds.

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Asset Management Management Trading Equities 64

The TRADE

JUNE 27, 2024

State Street Global Advisors and Galaxy Asset Management have unveiled a new collaboration aimed at bringing investors digital asset-based strategies, offering key exposure to companies involved in the digital asset space. trillion digital asset landscape through manager-directed strategies. “We

Asset Management 64

Asset Management Collaboration Management Investors 64

The TRADE

FEBRUARY 26, 2024

Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

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Asset Management Management Trading Capital Market 64

The TRADE

OCTOBER 2, 2023

James Hilton was appointed multi-asset managing director in RBC’s low touch team, joining from Credit Suisse, where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team. Balyasny Asset Management appointed Harrison Chesterton as associate director within its equity finance trading division.

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Asset Management Management Sale Capital Market 64

The TRADE

JULY 27, 2023

Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ Asset Management to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ Asset Management’s specific needs for tools to support rule-based investment decision-making.

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Asset Management Management Portfolio Investment Manager 52

The TRADE

APRIL 5, 2024

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM.

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Asset Management Portfolio Management Business Management 64

The TRADE

MAY 1, 2024

Some 83% of asset managers plan to change product strategy in the next two years, a new survey from Northern Trust has found, emphasising the need to cater to diverse investor needs. Technology appears to be at the heart of that change, with 77% planning to leverage new tech within the same timeframe.

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Asset Management Management Investors Trading 59

The TRADE

JUNE 7, 2023

Linedata’s 2023 global asset management survey has found the main focus globally is on future cost saving and automation. In the UK specifically, the top two short-term priorities were the same; however, here cost-cutting initiatives (54%) was top, closely followed by “deeper automation to drive business results” (49%).

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Asset Management Management Risk Management Trading 59

The TRADE

NOVEMBER 14, 2023

As asset managers continue to look for ways to fully capitalise on data, a new SIX report has found that almost half view data velocity as the key challenge in enabling analytics to drive growth. These individuals work across financial institutions, asset managers, wealth managers, investment banks, and asset servicers.

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Asset Management Management Investment Banking Financial Institution 59

The TRADE

MAY 14, 2024

Erste Asset Management, part of Erste Group Bank, has become the latest European client to join Clearwater Analytics’ buy-side community. The development will see Clearwater aggregate multi-asset client investment data, help increase asset flows and improve client service. “We

Asset Management 52

Asset Management Business Management Portfolio 52

The TRADE

MARCH 25, 2024

State Street’s Charles River is set to manage the front-office operations for Perpetual Group’s Australian asset management business. We are pleased to extend Charles River into Perpetual’s Australian asset management front office.” billion AUM as of 31 December 2023. billion AUM as of 31 December 2023.

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Management Asset Management Boutique Investment Manager 69

The TRADE

OCTOBER 10, 2023

LMAX Group is set to acquire FX business Cürex, bringing together their respective distribution scale and technical capabilities in a bid to create a stronger offering for clients. After more than a decade of building Cürex, I will be leaving the business, following completion of the acquisition.

Business 69

Business Book-building Trading Asset Management 69

The TRADE

AUGUST 23, 2023

Asset managers have tapped fixed income, equities and exchange traded funds (ETFs) for their greatest market data spend over the next 12 months, according to a new Coalition Greenwich and SIX report published on 22 August. Sell-side firms are usually organised via region and buy-side firms more by business unit.

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Asset Management Equities Management Trading 52

Razorpay

AUGUST 9, 2023

What do medium to big-sized businesses have? Merchant banks are a very important part of the financial ecosystem, since they support the largest chunk of businesses – the mid-sized ones. Merchant banking is a special branch of banking that provides financial services to medium to small-sized businesses.

Bank 52

Bank Banking Business Underwriting 52

The TRADE

MAY 2, 2024

Appital Insights is now fully integrated with FactSet’s Portware execution management system (EMS), enabling the latter’s asset management clients to access Appital Insights liquidity easily within their EMS. They know that Appital Insights does not impact ‘on-screen’ prices and they retain full control of the order.”

Asset Management 69

Asset Management Portfolio Management Management Trading 69

The TRADE

SEPTEMBER 4, 2023

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. She currently serves as head of RepoClear and collateral management at LCH SA.

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Investment Equities Trading Asset Management 115

The TRADE

JULY 5, 2024

Brokerage business MIT SIM has appointed Neil Terence O’Connor as equity trader. Milan-based O’Connor joins following almost 15 years at ACCIONA Group’s Spanish asset manager, BESTINVER. He most recently served as e quity sales trader, leveraging key knowledge of the Italian, Swiss, US and UK markets.

Sale 59

Sale Asset Management Boutique Equities 59

The TRADE

JULY 31, 2024

UK asset manager Gravis Capital Management has become the latest to integrate Bloomberg AIM in a bid to enhance its front-office workflows. Bloomberg is also set to provide Gravis with services related to inbound asset servicer integrations and data reconciliation.

Management 59

Management Capital Asset Management Portfolio 59

The TRADE

JULY 15, 2024

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. Last week, Impax also revealed that it had also entered into an agreement to acquire fixed income manager, SKY Harbour Capital Management’s European assets.

Acquisitions 59

Acquisitions Asset Management Debt Management 59

The TRADE

JUNE 7, 2024

Credit Suisse has signed an agreement to sell its majority stake in Credit Suisse Investment Partners (CSIP), owned by Credit Suisse Asset Management. Credit Suisse currently holds a 67% stake in the business line. UBS Investment Bank served as exclusive financial advisor to Credit Suisse on the transaction.

Investment 69

Investment Portfolio Management Asset Management Investment Banking 69

The TRADE

MARCH 22, 2024

Most recently, Tan held a global portfolio trading position, which included trading global equities with strategy implementation via algorithms, crossing networks and global portfolio trading desks. In November, Umair Khan Marwat joined Millennium as a trader , following almost two and a half years at Balyasny Asset Management.

Trading 69

Trading Portfolio Asset Management Equities 69

The TRADE

JULY 2, 2024

Earlier this year, Goldman Sachs Asset Management’s global head of ETF product, Ryan O’Connor, departed for Global X ETFs. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management in 2017 to build out the US fund strategist model portfolio business.

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Bank Banking Asset Management Portfolio 59

Growth Business

SEPTEMBER 14, 2023

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success If you’re looking for finance, you might be thinking about approaching one of many venture capital trusts in the UK. A tax-based venture capital scheme, VCTs invest in small and early phase businesses that are unlisted or on AIM. Contact fiona@edge.vc

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Capital Investment Funds Media 109

The TRADE

NOVEMBER 17, 2023

In addition, the business has confirmed the potential for the future addition of a dedicated trading desk workflow. Specifically, the Netherlands-based impact asset manager will utilise Bloomberg’s offerings to enhance processes for its investment funds and discretionary clients’ business.

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Investment Manager Management Investment Asset Management 59

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income asset manager, with its traders now working directly alongside RBC BlueBay Asset Management’s equities desk.

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Trading Asset Management Management Electronics 98

The TRADE

JULY 8, 2024

Senior equity trader at Janus Henderson, Stuart Mair, left the asset manager after 14 years. Prior to his most recent role he spent six and a half years as a multi-asset trader. He originally joined the asset manager in 2010 as an RFP associate on the fixed income team.

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Bank Banking Asset Management Equities 64

The TRADE

JANUARY 8, 2024

RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT). He originally joined the asset manager as an investment operations analyst in 2020. He began his career as a junior portfolio manager at RSA covering US equities.

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Asset Management Equities Sale Investment Manager 64

The TRADE

DECEMBER 8, 2023

This has forced prime brokers to focus more on risk management and diversification of their client portfolios with increased regulatory pressures.” The market volatility has certainly been a defining feature of the year, for both clients and providers, and gave rise to opportunities for certain strategies, while costing others dearly.

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Broker Asset Management Trading Funds 113

The TRADE

JUNE 19, 2023

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. Prior to that, he spent six and a half years at State Street Global Markets in a portfolio solutions role.

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Sale Asset Management M&A Investment Banking 64

The TRADE

JUNE 9, 2023

Through the IDN software and Investortool’s straight-through-processing, asset managers have direct click-to-bid and click-to-trade access to liquidity. Speaking in an announcement, the business explained that the partnership was the next step in the integration within the FIX connectivity.

Electronics 59

Electronics Trading Portfolio Management Portfolio 59

Accenture Capital Markets

SEPTEMBER 5, 2023

Robotics Process Automation (RPA) is the application of robotics technology to manipulate existing application software which completes a business process. And only a handful of processes such as reconciliations, valuation, portfolio company information gathering and financial reporting typically account for most of the RPA opportunity.

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Investors Financial Services Insurance Investment 94

The TRADE

MAY 30, 2023

Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support. Cheung was previously a strategic account manager at Enfusion, focused on APAC-based hedge funds, family offices and asset management firms.

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Accountant Portfolio Management Management Risk Management 64

The TRADE

JANUARY 17, 2024

GAM heads, Mark Hawtin and Jeremy Roberts, are set to join Liontrust Asset Management in the coming months as head of global growth equities, and head of global distribution (ex UK), respectively. Prior to GAM, Roberts was co-head of EMEA retail sales and head of UK retail business at BlackRock.

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Asset Management Equities Management Retail 64

The TRADE

NOVEMBER 20, 2023

State Street’s asset management business State Street Global Advisors (SSGA) has named Dublin-based Ann Prendergast head of EMEA. Prendergast said: “I’m proud to lead our business in the EMEA region. She has been with State Street since 2000, beginning as a relationship manager.

Portfolio Management 59

Portfolio Management Asset Management Management Business 59

The TRADE

OCTOBER 31, 2024

Finding fixed income After spending three months as a trading assistant intern at PPM America, Raymond landed his first permanent buy-side position, joining UBS Asset Management as an operations assistant in 2003. In his first role at LGIM, Raymond was responsible for overseeing its credit trading business out of the US.

Portfolio 52

Portfolio Trading Management Asset Management 52

The TRADE

OCTOBER 4, 2023

LiquidityBook is set to acquire boutique capital markets fintech provider, Messer Financial Software, in a bid to accelerate its multi-asset capabilities. As a result, LiquidityBook’s LBX suite has become a full-featured Portfolio, Order and Execution Management System (POEMS) with an embedded FIX network.

Portfolio Management 59

Portfolio Management Architecture Portfolio Accountant 59

The TRADE

JULY 31, 2023

Taitz joined buy-side OEMS provider Adroit as its head of business operations after seven and a half years with Invesco helming its fixed income trading business. During his time with the asset manager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong.

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