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Daiwa Capital Markets Europe selects former Jefferies MD for new head of equities

The TRADE

Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, has left the bank after nearly a decade to join Daiwa Capital Markets Europe, The TRADE can reveal. He began his career as a junior portfolio manager at RSA covering US equities.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. He joined Northern Trust in 2007 and has since worked in senior roles across portfolio management, client management and sales.

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Bloomberg and S&P Global Market Intelligence launch workflow solution aimed at streamlining primary bond market

The TRADE

The solution includes fast access to relevant new issue securities with the most up-to-date information, electronic order routing, and automatic delivery of final allocations. First, orders from various portfolio managers are staged and aggregated before being electronically routed to InvestorAccess.

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People Moves Monday: Bloomberg, RBC BlueBay AM, LSEG TORA and more…

The TRADE

Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, left the bank after nearly a decade to join Daiwa Capital Markets Europe. Previously in his career, he spent two years at Praeda Capital and a year at London Capital Group, both in trading roles focused on arbitrage strategies.

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People Moves Monday: Clear Street, Trading Technologies and more…

The TRADE

Smith brings more than 30 years’ experience in the capital markets sector to the role, having worked in various exchanges and regulators, alongside helping develop market and industry standards. He joins from ED&F Man Capital Markets, a company he founded.

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People Moves Monday: UBS, Titan Asset Management, IEX Group and more…

The TRADE

Previously in his career, he served as head of equity trading for Asia Pacific at Deutsche Bank and Deutsche Bank Securities for two years and 13 years, respectively. Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader.

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What Asset Managers need to get right with generative AI

Accenture Capital Markets

Generative AI (gen AI) is predicted to impact over two-thirds of all functions across the capital markets industry, suggesting that the technology has the potential to significantly transform all its segments—including asset management. Interested in a conversation? Feel free to reach out to us for a discussion. [1]