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
Rokos Capital Management has appointed Sabina Awan as trading solutions consultant, based in London. Most recently, she served as head of strategic initiatives for global trading. Prior to that, she worked as global tradingbusinessmanager. Awan announced her appointment in a social media post.
Eurex has welcomed Santander AssetManagement as a global player in its listed FX segment. Imanol Urquizu The Spanish assetmanager has begun to expand its FX futures business to Eurex, supported by Banco Santander as clearing member and Deutsche Bank as liquidity provider.
Impax AssetManagement has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax AssetManagement to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.
Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and assetmanagers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.
Nikko AssetManagement is set to rename itself as Amova AssetManagement on 1 September 2025. ” Specifically, ‘Amova’ is an amalgamation of the concepts driving the business. .” ” Specifically, ‘Amova’ is an amalgamation of the concepts driving the business.
UK-based investment management firm Waverton has outsourced a portion of its trading to Northern Trust Integrated Trading Solutions (ITS). The deal follows a review by the investment manager of its operating model intended to help it better align its structure with plans for product expansion in the future.
According to the businesses, the aim is to “revolutionise India’s assetmanagement industry and transform financial futures” through combining the scale and investment history of BlackRock, with the technology resources and local market knowledge held by JFS. Once in operation, the new business will have its own management team.
UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. As part of the role, he helped enhance Barclays’ custom baskets business. Northern Trust AssetManagement appointed Naoto Komoro to lead its assetmanagementbusiness in Japan.
The global head of capital markets at German assetmanager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter, The TRADE can reveal. Keshava Shastry Shastry, a managing director based in London, had been with the German firm for over ten years.
As part of the role, Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets. Burke will also hold responsibility for business and product management expansion of MarketAxess’ EM tradingbusiness across both geographies and products.
MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assetsmanaged by Mesirow, an independent financial services firm. Nearly $6 billion of assetsmanaged by the acquired team will transfer to MIM, under the terms of the transaction.
UBS selected one of its newly acquired Credit Suisse staff to replace its retiring global head of execution services, Brent Johnson, according to an internal memo seen by The TRADE. He began his trading career at UBS in Hong Kong. Livingstone previously served as head of trading – FX and ETFs at Tavistock Investments.
Perpetual Group has merged its existing regional assetmanagementbusinesses 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.
Umair Khan Marwat joined Millennium as a trader, following almost two and a half years at Balyasny AssetManagement. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny AssetManagement in 2021 as a trader.
RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director.
Ryan O’Connor left Goldman Sachs AssetManagement 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 AssetManagement back in 2017 to build out the US fund strategist model portfolio business.
Aleksandar Ivanovic UBS has chosen Aleksandar Ivanovic to succeed Suni Harford as president of assetmanagement upon her departure, with the appointment effective from 1 March. Ivanovic joined UBS back in 1992 and has worked across every business division since.
Ryan O’Connor has left Goldman Sachs AssetManagement 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 AssetManagement back in 2017 to build out the US fund strategist model portfolio business.
State Street Global Advisors and Galaxy AssetManagement 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
The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two assetmanagement deals have been announced in the past 24 hours. The post Assetmanager consolidation wave continues as two deals announced in 24 hours appeared first on The TRADE.
Oaktree Capital Management has agreed to acquire Close Brothers AssetManagement (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals.
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.
Some 83% of assetmanagers 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.
Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ AssetManagement to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ AssetManagement’s specific needs for tools to support rule-based investment decision-making.
Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. In his new role, Kovach is set to be based out of New York and leverage his experience in electronic trading solutions.
Groupama AssetManagement has entered a strategic partnership with Amundi Intermediation to accelerate the transformation of its execution business. As a result, Groupama AM will have increased execution, innovation and investment capacity to coincide with the digital transition of its business. “We
Market participants need global data-driven content to enhance their own products and gain deeper understanding of market shifts and liquidity dynamics, and to identify opportunities for better trading outcomes. Information businesses will need to tightly align their data strategy with these client needs.
As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and trading engines in Singapore, in partnership with MAS.
Liquidnet has appointed Amanda Lee Volk as trade coverage/execution consultant for its New York desk. Volk brings 18 years’ experience to the role from Nomura, with particular expertise in the ATS block and algo trading space.
The board of GAM Holding has announced that Liontrust AssetManagement’s offer for the business has been unsuccesful and an agreement made with Rock Investment SAS and Newgame to finance the business’ liquidity needs. of GAM Holding.
Euronext Group’s fixed income electronic trading platform MTS has appointed Nick Sollom as head of business development and strategy. Sollom brings more than two decades’ experience in financial trading and market strategy to the firm. He joins from Element Capital, where he founded the London execution desk.
Linedata’s 2023 global assetmanagement 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%).
Aviva Investors, Aviva’s global assetmanagementbusiness, has appointed Monica Fan-Bradley as head of institutional sales (excluding Asia Pacific) within its global client solutions function. She also serves as a member of eVestment’s assetmanager board and the advisory council of The Diversity Project UK.
By joining forces with BNP Paribas, AXA IM would become a global assetmanager with a wider product offering and a mutual objective to further their leading position in responsible investing.” In the same month, Amundi and Groupama confirmed they were teaming up to boost trading. The post BNP Paribas to pay €5.1
Vikesh Patel With this approval, the pan-European clearing house will introduce a service for European SFT transactions in cash equities and ETFs, which includes central clearing, settlement and post-trade lifecycle management. In Europe, there have been multiple failed attempts to successfully introduce and maintain SFT clearing.
Kepler Cheuvreux subsidiary Ellipsis AssetManagement 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.
US-based block trading start up OptimX has selected a former Virtu buy-side sales specialist to become its new head of institutional sales, The TRADE can reveal. Michelle Butler joins OptimX to head up its buy-side business after most recently serving at Virtu for 19 years, managing sales for its POSIT Alert business.
Redburn Atlantic has moved to expand its UK and European execution business with two new heads of sales trading, The TRADE can reveal. Tony Atkins Tony Atkins has been appointed UK head of sales trading. Alongside his appointment, Redburn Atlantic sales trader Luc Demoulin has been appointed EU head of sales trading.
Generali has entered a definitive agreement to acquire US-based Conning from Cathay Life in a deal that will see it become one of the largest assetmanagement firms in Europe. Earlier this year, UK assetmanager Liontrust also entered into a conditional agreement to acquire Swiss assetmanagement company, GAM Holding for £96 million.
The US move to T+1 settlement was passed through in a bid to increase the efficiency of market operations, however an Acuiti report has stated that 53% of assetmanagers believe that the move will not make US equities more attractive. Just 29% answered that DTO had not had an impact on their trading patterns.
Perpetual merges regional assetmanagementbusinesses under one global umbrella At number two in our most read stories series, we have the announcement that Perpetual Group had merged its regional assetsmanagementbusinesses to form one global division in August.
It will also allow it to access an investment book of record via a single platform to “enable scale, provide insights and support business transformation”. Aladdin picked up the Editor’s Choice Award for Outstanding Trading Technology Provider at Leaders in Trading 2023.
Royal London AssetManagement’s (RLAM) trading team is no stranger to change. The London-based assetmanager has undergone not one but three makeovers in recent years as it continues to evolve with the demands of the street. More recently though, RLAM’s trading team has undergone another revamp.
As assetmanagers 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, assetmanagers, wealth managers, investment banks, and asset servicers.
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