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
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 capitalmarkets domain.
The global head of capitalmarkets 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.
The financial services industry—including assetmanagers—has had an interesting relationship with Silicon Valley. Assetmanagers should not assume that these tech giants will look past this industry. This is just what Alibaba, an Amazon-like tech firm in China, did when it entered the mutual fund business in that market.
UBS appointed Carlos Salcedo head of capitalmarkets financing sales Americas, according to an internal memo seen by The TRADE. Before joining MEAG, Malakis held senior sales positions with international assetmanagers, including Generali Insurance, Vanguard International and Schroders.
I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. I was at Bear Stearns through the JP Morgan integration, and I would have been a Bear Stearns lifer had it not been for the intriguing opportunity to join Credit Suisse as a multi-asset and special situations spokesperson across all products.
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.
Alex Livingstone, formerly head of trading for ETFs and FX at Titan AssetManagement, 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.
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.
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.
The service also supports key regulatory initiatives including EMIR, CSDR and the Securities Financing Transactions Regulation (SFTR), with the aim to help promote transparency, market integrity and the competitiveness of European capitalmarkets. “We
The deal will further bolster FIS’ capitalmarkets technology offering, having acquired SunGard in a major deal back in 2015. trillion assetmanager Franklin Templeton outsourcing its entire global transfer agency (TA) operations to FinTech FIS.
The year ahead will be busy for institutional investors and pension funds as they navigate political turbulence and speculations around when the economic cycle will shift. The industry is rethinking how to manage the generation, storage, transformation, usage and retirement of both structured and unstructured data.
According to the cyber crime study, an assetmanagement firm could spend more than $17 million per year on charges relating to managing and recovering from incidents. The overriding question explored in the research: Are businesses allocating their funds wisely to fight cyber crime? 1] Accenture, Ponemon Institute, LLC.
His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk. RBC BlueBay AssetManagement equity trader, Michael Tamou, left the assetmanager to join Qube Research & Technologies (QRT).
RBC CapitalMarkets appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. He has been appointed senior trader at Norges Bank Investment Management, based in New York.
Start-up bond trading platform LedgerEdge shuttered three years after its establishment due to “an extremely challenging funding environment”, the organisation confirmed.
As part of the expansion, FIS has extended its FIS’ Cleared Derivatives (CD) platform – historically used by clearing members – to buy-side firms including hedge funds, assetmanagers and insurance companies, allowing them to access trading venues and clearing houses directly, which can help reduce counterparty risk and free up capital.
What is the future outlook for AI use across capitalmarkets? This year the market will see more generative AI use-cases go from pilots to production. Throughout 2023, we saw generative AI experimentation across the capitalmarkets ecosystem. How is the industry adjusting to the increasing prevalence of the cloud?
Fundraising Merchant banking helps businesses raise funds from the public by issuing shares and debentures, rights issues of shares, preferential allotment of shares, private placement of shares and debentures, and other instruments. This service helps companies to raise the required funds from the public.
As the name suggests, these are fixed-income financial instruments issued specifically to fund projects that generate positive environmental and/or climate benefits. Investor appetite for such investments is rapidly increasing, as banks, assetmanagers and large corporates all seek ways to invest in sustainability.
“One of the key reasons Singapore is an attractive market is it’s pretty well positioned, as it shares the same time zone as Hong Kong,” Gerard Walsh, global head of capitalmarkets client solutions at Northern Trust, told The TRADE.
“The strengthening of Abu Dhabi’s dynamic capitalmarket will serve to support the long-term sustainable growth of the UAE economy and the exchange will continue to explore partnerships that support both regional and global connectivity as well as a deeper and more liquid market.”
LiquidityBook is set to acquire boutique capitalmarkets fintech provider, Messer Financial Software, in a bid to accelerate its multi-asset capabilities.
For the right person, though, fixed income research can be even better than equity research, whether you’re at a bank, an assetmanagement firm, a hedge fund, or a credit rating agency: Table of Contents: What is Fixed Income Research? closer to the work at a quant fund ).
Previously in his career, he spent almost a decade at the assetmanager in an equity trading role until 2006 and later spent nearly four years at SEB. The sell-side equities specialist joined Coinbase’s institutional team last July, focused on leading the business’ efforts in hedge fund sales for EMEA.
“We therefore welcome the FCA’s commitment to start immediate engagement with the market to inform any rule changes on removing the requirement to unbundle research costs by the first half of next year. This will ensure we are better able to fund quality research into the new Silicon Valley sectors.”
That’s made these firms more attractive to sponsors and sellers, giving the asset class an upper hand in setting buyout terms. “Credit funds have become the go-to for financing—they can cut big checks and raise money with relative ease with a track record,” said Joe Stein , managing director at Solomon Partners.
The ‘one thing after another’ era was a thorn in the side for a segment that is particularly sensitive to market forces impacting its clients’ appetites for lending and other prime services. From our cap intro team, we’re certainly seeing from the allocator community renewed interest in hedge funds.” billion in 2023.
Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capitalmarkets for decades in some form or another. As larger funds utilise the service, other groups such as sovereign wealth and platform providers are becoming increasingly involved. were in $50-100 billion and another 2.5%
There are pockets within the digital asset ecosystem where inroads are being made, primarily with respect to tokenisation. Although I think that the greatest potential is probably withthe hedge fund and the assetmanager clients.
Buy-side cover interview – Keeping ESG commercial Annabel Smith sits down with head of trading at activist hedge fund Bluebell Capital Partners, Pete Papanichola, to explore his path to activist investing and the importance of keeping ESG investment initiatives commercial to ensure their continued success.
We can’t just rely on our houses, pension funds, and saving plans anymore.” It’s in people’s DNA to invest in capitalmarkets in the US. It’s part of creating their financial future – not relying on pension funds is important. Dirk Donker added: “Covid has been a main accelerator for retail.
And what happens if the floodgates truly open with the arrival of the $100 billion funds? 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 fundmanagers.
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. The global head of capitalmarkets at German assetmanager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter.
“In a period when jurisdictions are aiming to demonstrate and boost the competitiveness of their capitalmarkets, the ecosystem’s ability to enact a fast but orderly transition to T+1 settlement is crucial,” the IA concluded. The paper outlines a range of considerations across the UK, EU and Switzerland.
Speaking to the key considerations for the European buy-side community, Susan Yavari, regulatory policy advisor – capitalmarkets at European Fund and AssetManagement Association (EFAMA) highlighted that identifying potential pain points is the overarching focus.
EU assetmanagers, banks and brokers are urging policy markets not to succumb to pressure that could potentially lead to suboptimal outcomes in the Markets in Financial Instruments Directive (Mifid/r) review.
The pandemic marked a seminal moment across the capitalmarkets, effectively drawing a line between the old world and the new. And soon, it may no longer be just a service that applies to smaller fundmanagers. Hedge fund launches now often choose outsourced trading over building their own capabilities.
Improved post-trade efficiencies and initial regulatory leniency will hopefully make this an easier pill to swallow but funding costs and liquidity impacts are yet to be realised. Despite the ongoing uncertainty for participants, 2024 promises to be another eventful year for Pan-European market structure.
These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. New rules have impacted almost every financial firm, ranging from banks to assetmanagers.
The highly anticipated award for Trader of the Year – Long Only went to Chris Fiorito of River Road AssetManagement. Meanwhile, the award for Trader of the Year – Hedge Fund was given to David Alfred of Conversant Capital. Rowe Price was awarded Fixed Income Trading Desk of the Year.
Central clearing will play a key role in this debate, which will be essential for advancing the region’s capitalmarkets, and we look forward to Emir 3.0 This conversation is especially relevant as cross-border transactions grow in volume and as assetmanagers expand their investment in international markets.
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