Fixed income investing is heating up. Here are a couple stocks to play it, according to Bank of America
CNBC: Investing
JULY 13, 2023
Investors' move to reallocate toward fixed income can boost shares of certain asset managers and brokers.
Asset Management Broker Shares 
Asset manager consolidation wave continues as two deals announced in 24 hours
The TRADE
JUNE 1, 2023
The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two asset management deals have been announced in the past 24 hours. The move comes as Franklin seeks to increase its assets under management and expand on its presence in other sectors.
Join 38,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Asset managers not prioritising research budgets as prospect of rebundling looms, study finds
The TRADE
SEPTEMBER 21, 2023
Asset managers are focusing on costs and value, and in turn are not prioritising investment research budgets as the prospect of rebundling looms, a new buy-side study by Substantive Research has found. The post Asset managers not prioritising research budgets as prospect of rebundling looms, study finds appeared first on The TRADE.
Reliability and access to dark pool liquidity the main priorities for the buy-side when it comes to selecting algo providers
The TRADE
MARCH 5, 2024
When it comes to selecting an algo provider, ease of system use, reliability and quality of technical support was the top consideration for asset managers across both sides of the Channel in 2023 – 71% in the UK and 73% in Continental Europe – according to a Coalition Greenwich report.
Broker 
121
121 
The TRADE’s most read stories of the year part three: Regulation, consolidation and resignation
The TRADE
DECEMBER 29, 2023
Perpetual merges regional asset management businesses under one global umbrella At number two in our most read stories series, we have the announcement that Perpetual Group had merged its regional assets management businesses to form one global division in August.
Asset Management 111
111 
Royal London Asset Management: ‘At the end of the day, they’re just really good traders’
The TRADE
JULY 17, 2024
Royal London Asset Management’s (RLAM) trading team is no stranger to change. The London-based asset manager has undergone not one but three makeovers in recent years as it continues to evolve with the demands of the street. There’s no point me buying 27 shares and moving it a penny.
TS Imagine and Cassini Systems announce partnership as firms seek to increase market share in the hedge fund and prime brokerage space
The TRADE
OCTOBER 2, 2023
With this integration, TS Imagine users will now be able to: calculate margin requirements, optimise collateral usage in derivatives markets, analyse drivers and movement in margin exposure, reduce initial margin levels, and maximise margin efficiency.
Funds 64
64 
Natural block liquidity is shifting Canadian equities towards e-trading, finds report
The TRADE
JANUARY 30, 2024
Electronic trading platforms captured almost a third (32%) of overall Canadian equity trading volume in 2023, with this share expected to rise in the next three years, a new report by Coalition Greenwich has found.
Equities 80
80 
SimCorp and Alloy partner to improve management of digital asset investments for clients
The TRADE
DECEMBER 12, 2023
Deutsche Börse Group subsidiary SimCorp and infrastructure and technology provider for digital assets, Alloy, have entered a strategic partnership to assist SimCorp clients with managing digital asset investments. Alloy’s clients consist of a range of firms including family offices, hedge funds and listed asset managers.
Management 64
64 
Around two-thirds of buy-siders believe outsourced desks could enhance trade performance in cross-border trading
The TRADE
NOVEMBER 3, 2023
More than 200 asset managers, hedge funds and other users of outsourced trading providers voiced their opinions in this first-of-its-kind piece of research. The post Around two-thirds of buy-siders believe outsourced desks could enhance trade performance in cross-border trading appeared first on The TRADE.
Trading 115
115 
Redburn Atlantic expands UK and European execution business with new heads of sales trading
The TRADE
FEBRUARY 26, 2024
Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. Tony Atkins Tony Atkins has been appointed UK head of sales trading.
Sale 59
59 
A new chapter for RBC BlueBay Asset Management’s London-based fixed income trading desk
The TRADE
OCTOBER 26, 2023
UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income asset manager, with its traders now working directly alongside RBC BlueBay Asset Management’s equities desk.
Trading 98
98 
Is Singapore set to become the next major trading hub?
The TRADE
OCTOBER 27, 2023
“One of the key reasons Singapore is an attractive market is it’s pretty well positioned, as it shares the same time zone as Hong Kong,” Gerard Walsh, global head of capital markets client solutions at Northern Trust, told The TRADE. We consider Singapore one of our most significant investment centres, both in Asia and internationally.
Trading 90
90 
OEMS platforms: ‘Building should be secondary to buying’
The TRADE
APRIL 26, 2024
A similar view was shared by Lynn Challenger, global head of trading and order generation at UBS asset management, in a separate panel this week. Various panellists agreed that building should be secondary to buying, and used only if specific needs are to be met. We’re looking to automate.
The prime brokerage pie is growing, which means bigger slices for everyone
The TRADE
OCTOBER 18, 2024
Dominic Rieb-Smith, managing director, international head, prime services sales, JP Morgan, refers to the past year as “a standout”. Data from Convergence tracking the top 25 prime brokers showed their market share grew from 83.3% in April 2023, to 92% in 2024.
Funds 69
69 
The TRADE predictions series 2024: Regulation – Mifid/Mifir?
The TRADE
JANUARY 2, 2024
Eric Heliene, head of buy-side trading desk, Groupama Asset Management The intensification of financial regulation is a fundamental trend transforming the asset management ecosystem. The planned transition to T+1 settlement in 2024 and the forthcoming revision of Mifid II are poignant examples of this.
Trading 64
64 
Fireside Friday with Brown Brothers Harriman’s… Brendan Burke
The TRADE
FEBRUARY 9, 2024
In the current state with T+2 you have 48 hours to execute a security trade, match that trade with brokers, execute the FX and get everything settled. Jumping ahead in time, covid-19 was another external factor which put a lot of pressure on asset managers in terms of how and where work was being done.
The challenges of automation in fixed income: ‘Credit is an entirely different process’
The TRADE
OCTOBER 11, 2024
If met, it will execute, otherwise it needs a human trader to interact,” said Anuj Thakur, lead, high touch fixed income trading at Nordea Asset Management. Also, are we putting certain trades that are automated all-to-all or some to a bespoke group of three to five brokers because the trade is potentially illiquid?”
Trading 64
64 
MarketAxess to acquire multi-asset algorithmic trading provider Pragma
The TRADE
AUGUST 7, 2023
MarketAxess is set to acquire multi-asset algorithmic trading provider, Pragma, for an undisclosed sum at the end of this year, subject to closing conditions. Its clients include asset managers, hedge funds, broker dealers, banks and exchanges.
Trading 52
52 
Leaders in Trading 2023: Meet the nominees for… Outstanding Non-Bank Electronic Liquidity Provider
The TRADE
OCTOBER 26, 2023
Citadel Securities Needing little introduction, Citadel Securities, is one of the largest market makers in US Treasuries and USD interest rate swaps globally, and serves an extensive list of financial institutions, including: banks, asset managers, pension funds, hedge funds, central banks, and sovereign wealth fund.
Electronics 59
59 
Chasing innovation on Robeco’s global equity trading desk: ‘In order to stay good, we need to become better’
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 59
59 
An evolving service provider landscape
The TRADE
JANUARY 3, 2024
That line-up is largely made up of independent firms, prime brokers and custodians, all of whom are enjoying a piece of the growing pie, with their own strengths and weaknesses. Raymond McCabe, founder and managing partner of Outset Global, highlights how a dozen of its frontline traders are “pure buy-side” from “big desks”.
Trading 64
64 
Deutsche Bank quarterly profits fall despite 11% increase in net revenues
The TRADE
JULY 26, 2023
In the second quarter, Deutsche Bank’s asset management business DWS saw more than nine billion euros in net inflows, which were primarily in passive and alternative investment products, according to the business. Our planned share repurchases enable us to deliver on our goals to distribute capital to our shareholders.
Celebrating International Women’s Day with… Liontrust Asset Management’s Maddy Davies
The TRADE
MARCH 8, 2024
The interaction and sharing of ideas when trading ultimately leads to better outcomes – for not just us as traders, but importantly the end client too. The TCA that we generate ourselves and receive from our brokers is insightful. Between the various teams and roles, you inevitably get diversity of thought.
Trading 59
59 
Fireside Friday with… Stifel’s Raymond Powell
The TRADE
MAY 24, 2024
We have seen a stabilisation of money flows in recent months, global funds are returning to the UK, while we continue to see outflows (mostly to US) of domestic asset managers. If you look at the progression of electronic in the US over the last decade market share moved from 70 to around 85%. The path of travel is very clear.
SEC chair Gary Gensler urges UK to set T+1 transition date
The TRADE
JUNE 21, 2024
“Transitioning to T+1 is a team effort involving thousands of market participants, including clearing houses, depositories, custodian banks, broker-dealers, investment advisors, self-regulatory organisations, stock exchanges, service providers, industry groups, trade associations, and regulators. Gensler said.
Trading 64
64 
Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms
The TRADE
MAY 24, 2024
While fingers of blame are being pointed in each direction, the bottom line is asset managers are now facing operational challenges, the notion of pre-funding trades and balancing settlement security with best execution obligations. One of the biggest talking points for asset managers and their custodians is liquidity.
Trading 64
64 
Eyes on a new prize: How outsourced trading has taken off and why the attention is now turning to larger managers
The TRADE
DECEMBER 21, 2023
For some asset managers and hedge funds, the seemingly impossible notion of all traders not physically sitting together on a centralised desk and communicating face-to-face was all but wiped away overnight as the hybrid working setup was forcibly tested and passed with flying colours.
Trading 64
64 
Outsourced trading: Easy to do, difficult to get right
The TRADE
AUGUST 7, 2024
The reality is many are not prepared to make the significant investments required to maintain or grow their share of the market.” The important impact of changing market sentiment Demonstrably, things are ramping up and outsourced trading providers are highly cognisant of the importance of keeping up with the pack in this high-stakes game.
Trading 59
59 
Leaders in Trading 2023: Meet the nominees for… Outstanding Market Data Provider
The TRADE
OCTOBER 25, 2023
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
59 
Early bird catches the worm: A look at the race for first mover advantage in Europe’s emerging crossing network landscape
The TRADE
MAY 23, 2024
It is rare, for example, that you’ll find an asset manager 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 portfolio manager and end investor. billion and market share which accounted for 6.3%
Trading 52
52 
DWS Group’s Werner Eppacher: ‘Liquidity is like a shy deer’
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 We share the burden of finding budgets and funding things going forward.”
Trading 52
52 
Meet the Top Strategic Buyers Investing in SaaS
Software Equity Group
AUGUST 20, 2024
This trend goes beyond simply acquiring market share; it creates a win-win scenario for both parties. They may be weighing whether an acquisition will more efficiently help consolidate market share and reduce their competitive set, add on to or improve their product offerings, or extend into new product types or verticals.
Investment 52
52 
Leaders in Trading 2023: Meet the nominees for… Outstanding Post-Trade Services Provider
The TRADE
OCTOBER 24, 2023
Its overall market share for cash equities clearing was 34% in the first half of 2023, an year-on-year increase from 2022. The move secured the support of a broad range of key market participants, including banks, clearing firms, asset managers and custodians, including the likes of BNY Mellon, Citi and Goldman Sachs.
Trading 59
59 
Embracing change on the BlackRock EMEA equity trading desk
The TRADE
JANUARY 31, 2024
Head of the EMEA equities desk at the world’s largest asset manager, Paul Battams, oversees a highly talented team of 14 traders covering the scope of equities and equity derivatives execution for the entirety of BlackRock’s investment teams. Trading will be more complex, and we will be managing more risk.
Equities 59
59 
The relentless rise of retail trading: How can the institutional market join the dots to encourage investor access?
The TRADE
AUGUST 7, 2023
Retail is very small when it comes to market share or volume of business compared to other businesses […] so my view is that eventually post-trade will go through a consolidation phase to eventually fight those risks of failure and from there, retail would come at a later stage.” “For Risk controls are important.
Retail 52
52 
TradeTech FX US: Upcoming review of the global FX code set to focus on settlement risk, transparency, and data quality
The TRADE
FEBRUARY 15, 2024
The role of prime brokers and global custodians is also set to be addressed in this vein with an end goal of allowing market participants better access to data and ultimately, better execution. We’re all in this together, and it should be a shared responsibility,” said Mitchell.
Leaders in Trading 2023: Meet the nominees for… Outstanding FX Trading Venue
The TRADE
OCTOBER 19, 2023
CME Group also boasts over 90,000 users in FX futures raging from corporates, banks, proprietary trading companies, retail, asset managers and hedge funds. Formed in 2001, FXall has served the corporate, asset management, hedge fund and banking communities for over two decades.
Trading 59
59 
How to Get into Commercial Real Estate: Side Doors, Front Doors, Steppingstones, and Career Paths
Mergers and Inquisitions
OCTOBER 11, 2023
This one is probably the best “initial job” in CRE because you can get in without great credentials, you’ll do plenty of real estate financial analysis and valuation , and you’ll meet plenty of brokers and investors. On the other hand, brokerage could be a fantastic long-term job if you are outgoing and good at networking.
Private Equity 101
101 
JSE and Rapid Addition unveil new order routing service
The TRADE
MARCH 14, 2025
JSE-FIX is a vendor, venue and asset class agnostic offering and aimed at simplifying access to South Africas secondary markets and contribute to growing the increasingly diverse community of asset managers, sell-side brokers, and technology providers in the region.
Janus Henderson and US life insurer Guardian unveil new strategic partnership
The TRADE
APRIL 9, 2025
Janus Henderson and the Guardian Life Insurance Company of America have entered a strategic partnership, whereby Janus is set to become Guardians investment grade public fixed income asset manager. Our shared culture of collaboration and dedication to our clients make them a natural partner for Guardian.
Insurance 59
59 
Fidelity International: Championing individuality in the real money world
The TRADE
MAY 22, 2025
Clearly every market is different but having a global remit allows us to share and apply learnings to different challenges and markets consistently. The team share the ethos that proactivity is essential to the success of a trader. Finding the right candidates can be a delicate balancing act.
Trading 59
59 
Let's personalize your content