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BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV

The TRADE

This major project, which would drive our growth over the long-term, would represent a powerful engine of growth for our Group.” By joining forces with BNP Paribas, AXA IM would become a global asset manager with a wider product offering and a mutual objective to further their leading position in responsible investing.”

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Beyond the Data: Hedge funds loving their algos more than ever before

The TRADE

Anonymity can help protect these strategies from being reverse-engineered or replicated by competitors. Elsewhere, on the asset management side, speaking to The TRADE earlier this year, Kendell James, multi-asset trader at Federated Hermes, labelled broker differentiation as the biggest roadblock when it comes to algo adoption.

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Is Singapore set to become the next major trading hub?

The TRADE

As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and trading engines in Singapore, in partnership with MAS.

Trading 90
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LiquidityBook acquires Messer to boost multi-asset capabilities

The TRADE

As part of the acquisition, Bryan Messer has been appointed general manager of Asia Pacific, managing director of portfolio management solutions and artificial intelligence at LiquidityBook, with his staff also joining. In addition, the accounting and reconciliation engines of Messer Financial Software will be integrated.

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Leaders in Trading 2023: Meet the nominees for… Outstanding Market Data Provider

The TRADE

BMLL Technologies BMLL provides its clients – banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to Level 3, harmonised, T+1 historical order book data and advanced pre- and post-trade analytics at scale.

Trading 59
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Growing pains: The impacts of T+1 settlements on FX execution and liquidity

The TRADE

Taking the US market as an example, if an equity buy is traded over the day into the US close, for a non-US asset manager there becomes a very short window to get the equity trade matched, FX generated, and executed in the market in time to meet deadlines to settle on a PvP/net basis.

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Outsourced trading: Easy to do, difficult to get right

The TRADE

You need to think of the trading desk as the engine that drives the room. An active manager needs an active desk.” Examples just from just the last six months include UK-based investment management firm Waverton – which has £9.1 Those conversations around news flow and pricing are central.

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