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Rokos CapitalManagement has appointed Sabina Awan as trading solutions consultant, based in London. Prior to that, she worked as global trading business manager. While at the assetmanager, she held a fixed income and derivatives front-office support role, and also previously served as a securities processing analyst.
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
James Hilton was appointed multi-assetmanaging 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 AssetManagement appointed Harrison Chesterton as associate director within its equity finance trading division.
Oaktree CapitalManagement 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.
Joe Wald, BMO Capital Markets’ managing director and co-head of electronic trading left the bank, departing after four years in his most recent role, according to an update on his social media. Prior to founding Clearpool, Wald spent a year and a half at GAIN Capital as an executive vice president.
A fixed income trader from BlackRock has left the assetmanager for a new role at Taula CapitalManagement, The TRADE can reveal. Rahul Mapara has left BlackRock after almost 15 years to join Taula as a macro trader, according to an update on his social media.
RBC BlueBay AssetManagement equity trader, Michael Tamou, left the assetmanager to join Qube Research & Technologies (QRT). He originally joined the assetmanager as an investment operations analyst in 2020. He originally joined the assetmanager as an investment operations analyst in 2020.
Alex Livingstone, formerly head of trading for ETFs and FX at Titan AssetManagement has joined Titan Investment Solutions as a junior portfolio manager and trader, according to an announcement on social media. Livingstone has previously served as head of trading – FX and ETFs at Tavistock Investments.
David Kirk is set to join Millennium, following almost three and a half years at Marble Bar AssetManagement where he most recently served as a trader, The TRADE understands. Kirk joins the capitalmanagement firm with experience working as a trader on both the buy- and sell-side.
He announced his appointment in a social media post, adding: “I’m grateful for this opportunity to broaden my horizons and am thankful to the wonderful individuals and mentors in my professional life.” In November, Umair Khan Marwat joined Millennium as a trader , following almost two and a half years at Balyasny AssetManagement.
At the time, BondCliQ asserted that the capital would in large part be focused on a move into new corporate bond markets, especially in Europe. Also lending its support was buy-side giant Vanguard, which formed a strategic partnership with the BondCliq; and Aflac Ventures and SEI, which both took part in the latest $7.5
Read more: LedgerEdge closes three years after launch “As many of you know, Brian is a proven multi-asset trader and trading technologist with valuable assetmanagement and capital markets experience,” said Stephen Berte, president at BIDS Trading, in a social media post.
According to an update on his social media, Taitz joins 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 assetmanager Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong.
BlackRock has promoted from within for its new head of European credit trading, according to an update on social media. Dean Catton has been selected to take the helm for the assetmanager’s European credit business after spending the last two years as its head of European leveraged finance trading for its alternatives business.
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 capital markets at German assetmanager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter.
Polar Capital confirmed Jenkins’ departure, while Millennium declined to comment. Jenkins has been head of trading at Polar Capital for three and a half years, joining in 2019 after serving with Highbridge CapitalManagement for five years as its head of European trading. Both will operate out of Hong Kong.
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. According to an update on his social media, Cain joined Millennium from Segantii CapitalManagement, where he served as a trader for nearly six years.
BlackRock selected a former FlexTrade order management system pre-sales specialist for a solutions engineering role on its flagship Aladdin platform. Grasso joined FlexTrade last year after three and a half years at Bloomberg, also with a buy-side OMS focus, most recently serving as an account manager for its AIM solution.
The pandemic marked a seminal moment across the capital markets, effectively drawing a line between the old world and the new. So balance is key here: there are obviously benefits to an internal trading desk within an assetmanager or hedge fund, but the same is true of the opposite for many in 2023.
At the same time, competition is intensifying across the industry—from traditional wealth managers, assetmanagers, insurers, workplace providers, independent advisors, banks and new wealth techs. This is just one of the strategic plays designed to capitalize on this evolving opportunity.
Additionally, multi-manager hedge funds have continued to win the lion’s share of the new capital coming into the industry as they have been rewarded for their ability to mitigate risk while still delivering positive alpha to their investors. That’s why the money’s with them and they will probably attract even more capital.
I had forgotten about the magic that happens at these events, like the random breakfast table conversation that turns into a business opportunity or the chance meeting with someone you would never seek out in your daily life who ends up putting an inspiring idea into your head.
It’s in people’s DNA to invest in capital markets in the US. Hendry on the other hand expressed that it was a one-off case: “It was a perfect storm, people had more time on their hands, more cash to spend, and a social media presence promoting that trade idea to millions of people. I don’t think we are going to see it again.”
The obvious counter to the view that Fink is showing more teeth in this letter is that BlackRock consists of mostly passive index funds that can’t sell a company that doesn’t comply with its request since that particular capital is mostly permanent. How have some commentators responded? and $2,000 in Canada”.
Spencer Copp has joined Jefferies as an equity trader following his departure from Jupiter AssetManagement in December 2024, where he had most recently served as a senior dealer. Copp confirmed his new position in a social media announcement.
Mullin most recently worked as an FX trader at BASF, based in Dublin and prior to this served as a senior associate – ETF capital markets at JP Morgan AssetManagement in London. His previous experience also includes a stint in an ETF pricing and trading role at Susquehanna International Group.
Fidelity Internationals head of debt capital markets for EMEA is set to leave the buy-side firm, The TRADE can reveal. According to an update on his social media, Stephen Whyman is leaving Fidelity after seven years to pursue another entrepreneurial path. He assumed his most recent role as head of debt capital markets for EMEA in 2022.
Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, left the UK-based assetmanager after 10 years, The TRADE revealed. Under his stewardship, Liontrust was awarded The TRADEs Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year in 2022 and 2017 respectively.
The deal will further bolster FIS capital markets technology offering, having acquired SunGard in a major deal back in 2015. As revealed by The TRADE following a post on his social media, Citadel appointed Mukunth Raghavan as head of American Treasury quants, based in New York , in October earlier this year.
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