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Saphyre has partnered with BlackRock to integrate services with the firms end-to-end assetmanagement platform Aladdin. This collaboration aims to streamline operations, mitigate risks, and simplify workflows for shared clients in the financialservices industry.
MetLife InvestmentManagement (MIM) has reached a definitive agreement to acquire three investment teams and assetsmanaged by Mesirow, an independent financialservices firm. Nearly $6 billion of assetsmanaged by the acquired team will transfer to MIM, under the terms of the transaction.
BNP Paribas has entered into a definitive agreement to acquire 100% of AXA InvestmentManagers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.
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.
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.
In recent years, this technique has captivated large financialservices players given its potential to help drive down labor costs, reduce human errors and improve the customer experience. The traditional RPA approach used by large financialservices players usually doesn’t easily work in institutional investing.
There’s already a huge section of the assetmanagement community and the assetservicing community, including Northern Trust, that are established in Singapore as large parts of their global operations.” This year, the industry has seen interest in Singapore grow from the buy-side too.
TS Imagine has expanded its team in the Asia Pacific with two new appointments from investmentmanagement fintech Enfusion. Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support.
Previously, she was a partner at global law firm King & Spalding, serving as co-chair of both the financialservices and fintech, blockchain and cryptocurrency groups. M&G’s global assetmanagement arm appointed Manabu Fujita as head of M&A Investments Japan.
The immediate focus for the business is set to be investing in client service and portfolio management, specifically hiring in senior sales and distribution team members focused on Europe and the UK, as well as investmentmanagers for both the luxury brands and credit opportunities strategies.
TS Imagine expanded its team in the Asia Pacific region with two new appointments from investmentmanagement fintech Enfusion. Stephanie Cheung was appointed as sales director, while An Hoong will work within the account management team, responsible for technical account management and client support.
RBC appointed Guy Chalkley as managing director, UK flow rates sales. Chalkley brings more than three decades worth of financialservices to the role, in both portfolio management and rates sales. Before joining RBC, Chalkley spent 11 years at NatWest Markets.
Shortlisted individuals are repeated contributors to discussion whether that be through panels, associations or schemes to support the next generation joining the financialservices industry. He began his career at the UK’s HM Treasury, before moving to AIG Investments to manage fixed income funds.
The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and Financial Markets Association (SIFMA), based on enforcements surrounding research services, to expire – reinforcing that it was not intended to be permanent solution. That bill is, however, not in effect.
The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Boutique independents and the largest financialservices providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry.
One of the greatest revelations across the financialservices sector (and beyond) was that mantra of ‘we don’t have to do things the way we used to’ as office hours turned to hybrid work-from-home setups and video conferencing and instant messaging became the norm.
Broadridge Financial Solutions has appointed Stephen Wilkes senior vice president, head of international buy-side sales. Wilkes brings extensive experience in financialservices, having previously held senior roles at Deutsche Bank, JP Morgan and Goldman Sachs.
Further roles at Fidelity International include stints as fixed income trading business manager, senior fixed income change manager, and senior fixed income portfolio analyst. Before joining Fidelity International, Awan spent two years at Royal London AssetManagement.
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