The TRADE

SEPTEMBER 21, 2023

Asset managers are focusing on costs and value, and in turn are not prioritising investment research budgets as the prospect of rebundling looms, a new buy-side study by Substantive Research has found. since 2022 – now at 54.6%. since 2022 – now at 54.6%.

Asset Management 59

Asset Management Bulge Bracket Management Broker 59

The TRADE

JULY 26, 2024

Released on Friday, the watchdog’s new rule introduces a new payment option for research and follows an industry consultation period that began in April. Allocating a budget down to individual teams is common practice, but for some asset managers who consume and repackage research insights centrally this would not have been an option.”

Asset Management 109

Asset Management Consulting S&P Management 109

The TRADE

SEPTEMBER 29, 2023

The TRADE’s other renowned awards categories returning to the stage include Trader of the Year, Multi-Asset Trading Desk of the Year, Fixed Income Trading Desk of the Year, and Buy-side Market Structure Expert of the Year.

Trading 111

Trading Asset Management Investment Manager Management 111

The TRADE

DECEMBER 14, 2023

To date, our ITS client base has consisted primarily of institutional asset managers and asset owners, but we see increasing interest in this solution from wealth managers as they look to enhance operating capacity and future-proof their operating models. Around a third of respondents were asset managers.

Investment Manager 113

Investment Manager Trading Management Investment 113

The TRADE

AUGUST 27, 2024

Acadian Asset Management appointed Jian Du vice president, senior trader in its Sydney office. Du joined the asset manager from Goldman Sachs, where he most recently served as executive director of electronic trading, also based in Sydney. Elsewhere in his tenure at Dimensional, he served as an analyst.

Asset Management 64

Asset Management Management Trading Electronics 64

The TRADE

OCTOBER 1, 2024

As part of the role, Raghavan will serve a broad mandate across both Citadel Asset Management and Citadel Securities. Elsewhere in his career, Raghavan spent three years at McKinsey & Company, most recently serving as a management consultant.

Asset Management 69

Asset Management Consulting Equities Trading 69

Global Banking & Finance

DECEMBER 23, 2024

BNP Paribas has formally signed the previously announced 5.1bn ($5.3bn) share purchase agreement for Axa Investment Managers. Axa and BNP Paribas Cardif entered into exclusive negotiations in August to offload Axa’s asset management division.

Shares 52

Shares Asset Management Investment Manager Negotiation 52

The TRADE

JULY 15, 2024

He also previously served as managing director at both American Express Bank International and Deutsche Bank, Argentina. Edmond de Rothschild Asset Management appointed Regine Wiedmann as head of distribution for the DACH region. Before that, she co-founded Vicenda Asset Management in Zug, Switzerland.

Asset Management 64

Asset Management Management Trading Sale 64

Global Banking & Finance

JUNE 29, 2023

Austria’s Kathrein Privatbank: Continuing to Apply the Personal Approach in its 99th Year Founded by Carl Kathrein in 1924, Kathrein Privatbank is one of the leading private banks in Austria, offering customised investment advice, asset management, financing and consulting to families, entrepreneurs and foundations.

Investment Advice 52

Investment Advice Asset Management IT Consulting 52

The TRADE

JUNE 26, 2024

Algo monitoring capabilities and execution consulting were the lowest rated categories for 2024, despite both having increased in average score from last year. Algo monitoring capabilities and execution consulting both achieved scores of 5.61, which represented a drop of 30 and 12 basis points, respectively.

Funds 114

Funds Trading Broker Consulting 114

The TRADE

AUGUST 28, 2023

Pictet Asset Management appointed Jade Beckmann as an equity trader. Beckmann joined Pictet Asset Management from Bloomberg, where she most recently served as a professional services sales account manager. Before joining Bloomberg, Beckmann spent eight months at PwC as a technology consulting analyst.

Asset Management 52

Asset Management Banking Bank Universal Banks 52

OfficeHours

MAY 24, 2023

Investment banks highly value prior experience in finance-related roles like consulting, investment management, or sales and trading. Look for internships or entry-level positions in these roles at banks, asset management firms, consulting firms, or corporate finance departments.

Investment 147

Investment Investment Banking Finance Finance 147

The TRADE

MARCH 5, 2024

When it comes to selecting an algo provider, ease of system use, reliability and quality of technical support was the top consideration for asset managers across both sides of the Channel in 2023 – 71% in the UK and 73% in Continental Europe – according to a Coalition Greenwich report.

Broker 121

Broker IT Electronics Trading 121

The TRADE

MARCH 22, 2024

HSBC has appointed Matthew Stanton as managing director, head of equities sales trading for Americas. Stanton joins HSBC from Primary Portal, where he served as a sales consultant. Prior to that, he spent just over seven years at Barclays, most recently serving as managing director, head of cash sales trading, Americas.

Sale 69

Sale Equities Trading Asset Management 69

The TRADE

JUNE 12, 2023

Aviva Investors, Aviva’s global asset management business, appointed Monica Fan-Bradley as head of institutional sales (excluding Asia Pacific) within its global client solutions function. Prior to that, she served as director, consultant relations at BNY Mellon.

Asset Management 64

Asset Management Trading Consulting Investors 64

The TRADE

JULY 18, 2023

The post GAM Investments head of institutional solutions to depart for Aviva Investors appeared first on The TRADE.

Investors 52

Investors Investment Asset Management Management 52

The TRADE

NOVEMBER 3, 2023

More than 200 asset managers, hedge funds and other users of outsourced trading providers voiced their opinions in this first-of-its-kind piece of research. The post Around two-thirds of buy-siders believe outsourced desks could enhance trade performance in cross-border trading appeared first on The TRADE.

Trading 115

Trading Portfolio Management Asset Management Financial Services 115

The TRADE

DECEMBER 18, 2023

Hayley McDowell, European market structure consultant, RBC Capital Markets The buy-side face a dilemma as the UK (and likely the EU) prepare to offer greater flexibility on payments for research. We’ll see the FCA’s Consultation Paper in February or March 2024, with the final UK rules coming at the end of June.

Trading 64

Trading Consulting Asset Management Funds 64

Global Newswire by Notified: M&A

APRIL 4, 2024

the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions announced today that it has reached an agreement to acquire GIS Solutions, Inc. (“GIS HOLLYWOOD, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc.

Transportation 40

Transportation Asset Management Utilities Consulting 40

Mergers and Inquisitions

JULY 19, 2023

And if you are interested in this strategy, should you even target hedge funds, or would a long-only asset management firm be better? And if you are interested in long-only investing, should you target asset management firms instead? This second trade would be much less likely at a long-only asset management firm.

Funds 52

Funds Asset Management Management Equities 52

The TRADE

JANUARY 30, 2024

Read more: E-trading platforms experienced increased share of US equity trading volume in 2023 Asset managers and brokers have been driven to automate their trading workflows and accomplish more with less to cope with reduced commission rates, budget restrictions and smaller teams. “As

Equities 80

Equities Trading Electronics Asset Management 80

The TRADE

DECEMBER 27, 2023

Ninety One shakes up trading leadership with new global deputy and lead for South Africa The TRADE is renowned for its coverage of people moves, with one of the most read this year being the news that asset manager Ninety One had promoted from within for its new deputy global head of trading and head of trading for South Africa.

Acquisitions 110

Acquisitions Trading Mergers and Acquisitions Capital Market 110

The TRADE

SEPTEMBER 30, 2024

Alesi joined the asset manager from GSA Capital, where she spent the last two years. Liquidnet appointed Amanda Lee Volk as trade coverage/execution consultant for its New York desk. Janus Henderson Investors appointed Francesca Alesi as a junior equity trader, based in London.

Trading 64

Trading Sale Equities Asset Management 64

The TRADE

OCTOBER 29, 2024

This marks the second iteration of the GFXC’s global FX code in the form of a public consultation, six years on from its inception.

Asset Management 64

Asset Management Trading Bank Banking 64

The TRADE

JULY 18, 2023

M&G’s global asset management arm has secured a Securities Investment Consulting Enterprise (SICE) business license in Taiwan, allowing the firm to establish a new office in Taipei as part of its Asia expansion strategy. Lin will be responsible for strengthening M&G’s wholesale and institutional presence in the region.

Investment 52

Investment M&A Asset Management Management 52

The TRADE

SEPTEMBER 20, 2023

The shortlists are based on performance in The TRADE’s inaugural Outsourced Trading Survey 2023, which was conducted earlier this year in partnership with Global Custodian and Ergo Consultancy.

Trading 52

Trading Asset Management Management Consulting 52

The TRADE

JANUARY 2, 2024

Eric Heliene, head of buy-side trading desk, Groupama Asset Management  The intensification of financial regulation is a fundamental trend transforming the asset management ecosystem. The planned transition to T+1 settlement in 2024 and the forthcoming revision of Mifid II are poignant examples of this.

Trading 64

Trading Asset Management Equities Retail 64

Sica Fletcher

FEBRUARY 18, 2020

We provided strategic advice in virtually every sector of the brokerage industry and related businesses, including retail, wholesale/MGA, benefits, surety, professional liability, asset management, and claims, working with clients of all sizes. Give us a call at 516.967.1958 or reach out today if you would like a consultation.

Insurance 52

Insurance M&A Private Equity Advisory 52

The TRADE

SEPTEMBER 15, 2023

ESMA and the FCA have both created consultation papers around what constitutes an EMS and what constitutes a trading venue. The buy-side panellists discussed the different schools of thought employed by their institutions in terms of how their desks were organised, highlighting the key considerations from each standpoint.

IT 64

IT Trading Asset Management Management 64

The TRADE

OCTOBER 16, 2023

Previously in his career, he spent almost a decade at the asset manager in an equity trading role until 2006 and later spent nearly four years at SEB. Oliver Sung – previously head of North American execution consulting at Cboe – will replace Inzillo as interim head of North American equities.

Equities 69

Equities Sale Trading Investment Banking 69

The TRADE

AUGUST 11, 2023

Also announced this week was MarketAxess’ plans to acquire multi-asset algorithmic trading provider, Pragma, for an undisclosed sum at the end of this year, subject to closing conditions. The firm’s clients include asset managers, hedge funds, broker dealers, banks and exchanges.

M&A 52

M&A Trading Mergers and Acquisitions Asset Management 52

The TRADE

DECEMBER 18, 2023

RBC BlueBay Asset Management The market is already pricing in rate cuts in Q1 although I, along with many others, don’t believe they will begin before the end of H1. Phil Steel, senior trader, convertible bonds. This uncertainty will lead to heightened equity volatility in 2024.

Trading 64

Trading Banking Bank Investors 64

Mergers and Inquisitions

SEPTEMBER 13, 2023

If you have a non-IB background, such as at a turnaround consulting firm , you might want to aim for operational roles in distressed PE or move to banking first to improve your chances. Distressed private equity and turnaround consulting are more of a stretch since they’re operational, but they are plausible if you have the right experience.

Debt 103

Debt Funds Investment Equities 103

The TRADE

OCTOBER 23, 2023

“Responsible AI depends upon data quality, data management, data governance, data accountability and ownership structures, but also data protection,” said Liquidnet.

Risk Management 72

Risk Management Trading Management Asset Management 72

Mergers and Inquisitions

MARCH 8, 2023

at a hedge fund , prop trading firm , or asset management firm and then move into a commodity role once you prove yourself. Almost no one (< 5%) had management consulting or investment banking backgrounds , and the ones that did also had something closely related to commodities.

Funds 119

Funds Finance Finance Trading 119

Accenture Capital Markets

SEPTEMBER 5, 2023

Lower projected future returns, particularly in public markets, are driving leading institutional investors and pension plans to join industry consortia and work with regulators, utilities, and consultants to define future standards for deploying blockchain in trading and experiment with simpler blockchain use cases, such as regulatory reporting, commercial (..)

Investment 82

Investment Funds Management Investors 82

The TRADE

APRIL 9, 2024

CLS will not make any changes to the current FX settlement cut-off after consultation with its members, putting an end to talk of an extension to ease concerns around timings for the impending shift to T+1 for US equities, now just seven weeks away. CET deadline – would take “considerable time to implement”.

Trading 59

Trading Asset Management Risk Assessment IT 59