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
Allianz Global Investors (AllianzGI) has appointed Kayvan Vahid as head of equity Europe core and value. Vahid joins AllianzGI from UBS AssetManagement where he served in a variety of roles over the last 20 years. Based in London, Vahid will report to Jörg De Vries-Hippen, head of investments equity Europe.
Before joining MEAG, Malakis held senior sales positions with international assetmanagers, including Generali Insurance, Vanguard International and Schroders. Northern Trust AssetManagement appointed Naoto Komoro to lead its assetmanagement business in Japan.
Hosie originally joined Credit Suisse in 2017 as its head of equities Asia Pacific, later assuming responsibility of the asset class for both Asia Pacific and EMEA and eventually taking up the role in a global capacity in 2023. He took up the role on an interim basis in March. He began his trading career at UBS in Hong Kong.
Currently, ICE ETF Hub supports US-listed equity, fixed income, derivative, commodity and multi-asset ETFs. Our OEMS platform helps assetmanagers, hedge funds and other institutional investors manage positions and transact efficiently across markets,” said Kevin Samuel, chief executive of LiquidityBook. “Our
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 portfoliomanagers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM.
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 assetmanagement firm, The TRADE can reveal. Union is bolstering its digital assets division, The TRADE understands.
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 assetmanagement firm, as revealed by The TRADE. She currently serves as head of RepoClear and collateral management at LCH SA.
Frankfurt-based Chom Capital GmbH is an owner-operated assetmanagement boutique, licenced to conduct financial services in the form of investment brokerage, investment advice, contract broking and financial portfoliomanagement.
Appital Insights is now fully integrated with FactSet’s Portware execution management system (EMS), enabling the latter’s assetmanagement 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.”
Global assetmanager Robeco leverages a low touch and high touch trading team that spans across three continents. And, like most assetmanagers across the street, its global equity trading desk plays host to a variety of characters, each bringing their own individual string to the wider team’s bow.
RBC BlueBay AssetManagementequity 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 began his career as a junior portfoliomanager at RSA covering US equities.
According to Nasdaq, it will make it possible for investors to gain exposure in the Swedish small cap market and simplify investment strategies through consolidating a diversified portfolio of small cap stocks into a single instrument. In addition, the screening criteria allows investors to make decisions which are aligned with ESG outcomes.
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’sequities desk.
Almost two thirds (63%) of buy-side equity market participants believe outsourced desks would result in improved execution quality and trade performance when trading across regions, according to new research from Coalition Greenwich.
Specifically, the Netherlands-based impact assetmanager will utilise Bloomberg’s offerings to enhance processes for its investment funds and discretionary clients’ business. Together, the solutions manage integrated workflows for more than 200 clients – which includes over 100 of the world’s top assetmanagers (by AUM).
PortfolioManagement Merchant banking companies provide portfoliomanagement services to high -net-worth individuals and corporate investors. These services include a selection of securities, portfolio monitoring and review, advice on the rationalization of portfolios, and tax planning.
Rob Hocking The new futures aim to provide market participants with an additional tool to calculate implied volatility of the US equity market as measured by the S&P 500 Index, and to manage volatility risks and express directional views.
The assetmanager will now operate with two specialised trading groups, one dedicated to equities, consisting of a team of three traders and headed up by Fabien Orève, and one dedicated to fixed income, consisting of four traders and headed up by Amaury Van Ruymbeke.
Traders and portfoliomanagers will also be able to access exposure to liquidity events in relevant equities meeting their minimum ADC or pricing thresholds. “They want full control on every stage of the order lifecycle.
Greg Finke joined the boutique assetmanager after just over a year at Rothschild & Co as a senior investment dealer covering equities. Prior to joining Rothschild in January 2023, Finke spent nearly five years at Marathon AssetManagement as a global equity trader covering equities and FX.
During his time with the assetmanager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. Head of Europe for UK-based assetmanager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture.
Up against other individuals from Invesco, Liontrust AssetManagement, Baillie Gifford and State Street Global Advisors (SSGA), Nutting took home the award after an industry-wide vote. What made you choose a role in multi-asset? I like how certain assets have their own nuances and are impacted by different market events.
Head of Europe for UK-based assetmanager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. He departs following a 35-year long career in investment management, spending 19 years at Fidelity Investments as a European portfoliomanager until 2006.
RBC appointed Guy Chalkley as managing director, UK flow rates sales. Chalkley brings more than three decades worth of financial services to the role, in both portfoliomanagement and rates sales. Elsewhere, Kirk is set to oversee and enhance Tourmaline’s services in support of assetmanagers globally as part of his new role.
The multi-manager hedge fund model is simple: Raise $10-20 billion, borrow at the fund level to take this to $50-$100 billion, and then allocate this capital to dozens of internal teams. Maximum Drawdown Limits: Because the multi-manager hedge funds are highly leveraged , they do not tolerate drawdowns.
I’ve always worked in the assetmanagement industry, starting my first job at 18 with Scottish Amicable Investment Management in Glasgow. From the banking team at Scot AssetManagement, I moved firms in 1999 to take up a role in trade settlements. What has your journey to the trading desk been like?
Event-Driven Hedge Funds Definition: Event-driven hedge funds bet on specific corporate actions, such as M&A deals, divestitures, spin-offs, bankruptcies, and business reorganizations, and they profit based on changes in the value of a company’s debt or equity after the action.
Depending on your personality, skill set, and long-term goals, these single-manager funds or “hybrid funds” could be perfect or far from ideal: What Are Single-Manager Hedge Funds? The Top Single-Manager Hedge Funds Single-manager funds far outnumber multi-manager funds, but they’re also much smaller.
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 AssetManagement as an operations assistant in 2003. Equities was already a globalised product and in 2021, LGIM opted to globalise its fixed income product offering.
Werner Eppacher has spent the entirety of his two-decade financial career with German assetmanager DWS Group, catching his first glimpse of a trading floor as an intern for Deutsche Bank in 2003. “A This is followed by 13% being accounted for by alternatives and 12% by active equity.
The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. At the helm of the team is global head of trading Cathy Gibson who oversees trading across the assetmanager’s offices in London, the US, Asia Pacific and South Africa.
This consolidated approach simplifies financial management and helps clients achieve their long-term objectives. Exclusive Investment Opportunities Private banking clients gain access to investment products and opportunities not available to the general public, such as: Private equity and hedge funds.
The responses included views from 45 buy-side equities market participants across the US and Europe, of which 28% expect their firms to ‘at least consider’ adding an outsourced provider over the next two years. Examples just from just the last six months include UK-based investment management firm Waverton – which has £9.1
Core values After two years at RBC, Papanichola landed himself his first hedge fund role at Elliot Management Corporation as a multi-product manager and arbitrage portfoliomanager mentored by Jon Pollock, Jean Luc Harnay, and Phil Streeton. As Elliot has gotten bigger, those jobs have become much more pigeonholed.
Meanwhile, with regards to equities, revenue deriving from prime brokerage compared to trading shifted from a 30% versus 70% ratio a decade ago, to 40% to 60% in 2023. Dominic Rieb-Smith, managing director, international head, prime services sales, JP Morgan, refers to the past year as “a standout”. billion in 2023.
Beginning her career on the buy-side at boutique assetmanager Credit Suisse First Boston as an investment portfolio analyst in London in 1986, Ruffles has seen the markets through several highs and lows. One way of doing this is by using an execution management system (EMS).
It is rare, for example, that you’ll find an assetmanager worrying about the good of the market or how an order might influence the primary lit market share, over whether or not they have achieved the optimal outcome for their portfoliomanager and end investor. of total continuous trading in European equities.
Yet with equities, these markets are constrained by market hours which may be specific to a region and/or exchanges themselves. With Middle East and North Africa (MENA) becoming a larger part of indices and portfoliomanagers’ thinking, decisions will have to be taken around how best to trade these markets.
Technology vendor Broadridge also explains the change in procedures for assetmanagers delivering trade details to prime brokers and coordinating information among the assetmanager, executing brokers and PBs. “Currently, buy-side firms deliver trade data to executing brokers and prime brokers separately.
Senior equity trader at Janus Henderson, Stuart Mair, left the assetmanager after 14 years. According to an update on his social media, Mair joined hedge fund and systematic trading platform Schonfeld as an equity trader dealing with long and short strategies.
David Berney and Michael Broadbent run Ergo Consultancy which delivers what it refers to as provider “beauty parades” for buy-side organisations looking to outsource their trading, whereby it presents all the services in the industry to that assetmanager, hedge fund or asset owner. The list goes on.
State Street’s assetmanagement business State Street Global Advisors (SSGA) named Dublin-based Ann Prendergast head of EMEA. She has been with State Street since 2000, beginning as a relationship manager. He was most recently managing director and head of equity derivatives trading, Asia ex-Japan at Nomura.
Sovereign Wealth Fund Strategies Sovereign wealth funds can invest in almost anything, from equities to fixed income to real estate, infrastructure, private equity, hedge funds, and more. Some SWFs operate like long-only assetmanagers (i.e., Some SWFs operate like long-only assetmanagers (i.e.,
Axes are no longer the preserve of the trading desk at assetmanagers. The use of this data by the portfoliomanagement function means they can better represent their investment process by taking liquidity into account. Dealers still need to get better at distributing their data and managing where it goes to.
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