Asset Management Bulge Bracket Profitability 
The TRADE
OCTOBER 9, 2024
She joined Ninety One in 2021 from Royal London Asset Management where she had been head of dealing for three years. Given the liquidity landscape can often be more sparse or difficult to navigate, the use of local brokers alongside the bulge brackets is something Willis thinks is essential to minimise market footprint.
The TRADE
OCTOBER 18, 2024
This has created an ongoing opportunity for mid-tier prime brokers, particularly those with broad asset class and geographical capabilities comparable to those of the bulge bracket banks. This is an ongoing pattern that we suspect will continue for some time.”
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