The TRADE

OCTOBER 18, 2023

The scheme has recognised numerous promising talents over the years, many of whom have gone on to expanded roles such as head of trading at some of the world’s largest asset managers and hedge funds. Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015.

Trading

Accenture Capital Markets

SEPTEMBER 5, 2023

million annually, which, in 2017, was 23% more than 2016. [1] According to the cyber crime study, an asset management firm could spend more than $17 million per year on charges relating to managing and recovering from incidents. In total, cyber crime costs an organization an average of $11.7 Cost of Cyber Crime Study.

Asset Management

The TRADE

JANUARY 14, 2025

UK asset manager Liontrust Asset Management is exploring outsourcing parts of its trading to BNY, according to an update released this morning. Liontrust was awarded the Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year by The TRADE in 2022 and 2017 respectively.

Trading

The TRADE

NOVEMBER 9, 2023

Running for its ninth year, the Rising Stars initiative, in partnership with Instinet, has recognised a number of up-and-coming talents over the years, many of whom have gone on to hold impressive roles and head up some of the largest and most successful desks across the world’s leading asset managers and hedge funds.

Trading

The TRADE

JULY 15, 2024

During his time at Cboe, Tilly was a driving force behind Cboe’s acquisition of BATS Global Markets in 2017, as well as overseeing the launch of products including 0DTE options. He also previously served as managing director at both American Express Bank International and Deutsche Bank, Argentina.

Asset Management

The TRADE

JULY 2, 2024

Earlier this year, Goldman Sachs Asset Management’s global head of ETF product, Ryan O’Connor, departed for Global X ETFs. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management in 2017 to build out the US fund strategist model portfolio business.

Bank

The TRADE

JANUARY 29, 2024

Hepsworth was appointed to the desk at the London-headquartered asset manager after spending the last four and a half years at MarketAxess in a facilitation trading role. UBS has chosen Aleksandar Ivanovic to succeed Suni Harford as president of asset management upon her departure, with the appointment effective from 1 March.

Asset Management

The TRADE

JUNE 19, 2023

The SEC also found, in the second action, that between April 2011 to November 2017, PIMCO failed to waive an estimated $27 million of advisory fees as required by its agreement with the PIMCO All Asset All Authority Fund. PIMCO failed to comply with both of these critical obligations.”

Advisory

Shearman & Sterling

OCTOBER 24, 2017

GAMCO Asset Management Inc. v iHeartMedia Inc., 12312-VCS (Del. " In its short order, the Supreme Court affirmed without further elaboration.

Debt

The TRADE

JUNE 29, 2023

Specialist multi-asset manager Candriam and its parent company New York Life Investments have expanded their partnership to grow their remit in the US offshore market. Candriam first expanded into the US with a New York office in 2017 as part of its continued partnership with New York Life and IndexIQ.

Investment

The TRADE

SEPTEMBER 30, 2024

Oliveira originally joined BNP Baribas as part of its corporate and institutional banking division in 2017 as deputy head of Hispanic, LATAM CIB. Alesi joined the asset manager from GSA Capital, where she spent the last two years. Arne Groes has been appointed as the global head of FICC, effective 1 October.

Trading

The Deal

JUNE 22, 2023

Macquarie Asset Management has agreed to acquire waste services provider Coastal Waste & Recycling Inc. based Coastal was formed in 2017 through a partnership between CEO Brendon Pantano, Summer Street Capital Partners LLC and Concentric Equity Partners LP, according to an emailed press release from Macquarie.

Asset Management

Bronte Capital

OCTOBER 23, 2022

And not in 2017. And the gate-keepers - fixed income asset managers responsible for billions, regulators paid to keep a watch on this - are often empty suits. Whenever someone couldn't pay there was a cash-out refi to allow them to become current. With Lex too - the dodgy credits had their credit extended indefinitely.

Financial Market

The TRADE

OCTOBER 13, 2023

He began his most recent spell at Janus Henderson in 2017 after a six-and-a-half-year tenure at Redburn as an equity sales trader. Previously in his career, he also spent almost a decade at the asset manager in an equity trading role until 2006 and later spent nearly four years at SEB.

Trading

The TRADE

NOVEMBER 6, 2023

Stéphane Marie-Françoise, director, multi-asset trader, Unigestion Senior vice president and multi-asset trader at Unigestion, Stéphane Marie-Françoise, has an extensive financial markets career spanning more than 20 years. Marie-Françoise was recognised as one of The TRADE’s Rising Stars of Trading and Execution in 2017.

Trading

Shearman & Sterling

OCTOBER 24, 2017

GAMCO Asset Management Inc. v iHeartMedia Inc., 12312-VCS (Del. " In its short order, the Supreme Court affirmed without further elaboration.

Debt

The TRADE

OCTOBER 16, 2023

Worrell began his most recent spell at Janus Henderson in 2017 after a six-and-a-half-year tenure at Redburn as an equity sales trader. 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.

Equities

The TRADE

JULY 3, 2023

Following the implementation of Mifid II in 2018, Europe unbundled trading and research, resulting in all asset managers having to pay for research in cash only. European asset managers looking for diversity and greater competition in US broker research will also be impacted by the lapse. Therefore, today we lapse.”

Bulge Bracket

The TRADE

AUGUST 15, 2023

Our Rising Stars have long demonstrated their success, with many winners in previous years going on to head up desks and take senior positions at some of the world’s foremost asset managers, hedge funds, and institutions. Find previous years’ recognised individuals here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016.

Trading

The TRADE

APRIL 17, 2024

Global asset manager Robeco leverages a low touch and high touch trading team that spans across three continents. And, like most asset managers 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.

Trading

Mergers and Inquisitions

JANUARY 31, 2024

Team-managed funds are in the murky middle, neither particularly good nor particularly bad.” As a notable example, here’s Pershing Square’s performance vs. the S&P 500 from 2004 through 2017: Yes, Pershing Square outperformed the S&P on an annualized basis over this entire period, but it also underperformed for multi-year periods!

Funds

The Deal

JULY 18, 2023

As many private credit firms reduce their hold sizes, borrowers in need of more financing to pursue add-ons must reach out to new lenders to come into the deal, according to Jess Nels, managing director in the capital markets team at Churchill Asset Management LLC. West Street VII closed with $13 billion in 2017.

Debt

The TRADE

JULY 24, 2023

Werner Eppacher has spent the entirety of his two-decade financial career with German asset manager DWS Group, catching his first glimpse of a trading floor as an intern for Deutsche Bank in 2003. “A Can you imagine an asset manager increasing the management fee for an ETF?

Trading

The TRADE

AUGUST 7, 2024

Hantman tells The TRADE: “Between 2017-2019, especially in the UK and Europe, there was a lot of pressure for traders to justify their worth, especially considering things like Mifid II unbundling. One respondent specifically commented that “outsourced providers act as an extension to the trading desk and understand our trading goals”.

Trading

The TRADE

APRIL 30, 2024

New rules have impacted almost every financial firm, ranging from banks to asset managers. The transition away from Libor began in earnest in 2017, when regulators raised concerns about the reliability and integrity of the benchmark. The years following 2008’s GFC experienced continued financial regulatory reform.

Financial Institution

The TRADE

APRIL 3, 2025

MEAG has become the first asset manager to leverage SimCorp and TS Imagines joint fixed income offering in a bid to streamline its trading execution, fulfilling the multi-asset class trading mandate of its centralised desk. Specifically, MEAG is now live on TS Imagines fixed income execution management system (EMS).

Trading

The TRADE

MARCH 25, 2025

Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, has left the UK-based asset manager after 10 years, The TRADE can reveal. 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.

Asset Management

The TRADE

MARCH 31, 2025

Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, left the UK-based asset manager 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.

Debt Capital Markets

The TRADE

APRIL 30, 2025

Originally joining Glenmede in 2015 as an equity trader, she took on her role heading up the buy-side firms equities trading business in 2017. At some point in time, we’re going to be left with maybe eight or nine asset managers in the country. Is that really what we want?

Trading