The TRADE

APRIL 5, 2024

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM.

Asset Management 64

Asset Management Portfolio Management Business Management 64

The TRADE

JUNE 10, 2024

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. He will also be involved in the ongoing management of the Titan Hybrid Capital, Core Credit, and Short Duration IG income funds.

Asset Management 64

Asset Management Management Trading Equities 64

The TRADE

JULY 27, 2023

Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ Asset Management to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ Asset Management’s specific needs for tools to support rule-based investment decision-making.

Asset Management 52

Asset Management Management Investment Manager Portfolio 52

The TRADE

NOVEMBER 14, 2023

As asset managers continue to look for ways to fully capitalise on data, a new SIX report has found that almost half view data velocity as the key challenge in enabling analytics to drive growth. These individuals work across financial institutions, asset managers, wealth managers, investment banks, and asset servicers.

Asset Management 59

Asset Management Management Investment Banking Financial Institution 59

Razorpay

AUGUST 9, 2023

What do medium to big-sized businesses have? Merchant banks are a very important part of the financial ecosystem, since they support the largest chunk of businesses – the mid-sized ones. Merchant banking is a special branch of banking that provides financial services to medium to small-sized businesses.

Banking 52

Banking Bank Business Underwriting 52

The TRADE

MAY 2, 2024

Appital Insights is now fully integrated with FactSet’s Portware execution management system (EMS), enabling the latter’s asset management clients to access Appital Insights liquidity easily within their EMS. They know that Appital Insights does not impact ‘on-screen’ prices and they retain full control of the order.”

Asset Management 69

Asset Management Portfolio Management Management Trading 69

The TRADE

SEPTEMBER 4, 2023

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. She currently serves as head of RepoClear and collateral management at LCH SA.

Investment 116

Investment Equities Trading Asset Management 116

The TRADE

JUNE 7, 2024

Credit Suisse has signed an agreement to sell its majority stake in Credit Suisse Investment Partners (CSIP), owned by Credit Suisse Asset Management. Credit Suisse currently holds a 67% stake in the business line. UBS Investment Bank served as exclusive financial advisor to Credit Suisse on the transaction.

Investment 69

Investment Portfolio Management Asset Management Investment Banking 69

The TRADE

JULY 15, 2024

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. Last week, Impax also revealed that it had also entered into an agreement to acquire fixed income manager, SKY Harbour Capital Management’s European assets.

Acquisitions 59

Acquisitions Asset Management Debt Management 59

The TRADE

NOVEMBER 17, 2023

In addition, the business has confirmed the potential for the future addition of a dedicated trading desk workflow. Specifically, the Netherlands-based impact asset manager will utilise Bloomberg’s offerings to enhance processes for its investment funds and discretionary clients’ business.

Investment Manager 59

Investment Manager Management Investment Asset Management 59

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

Trading Asset Management Management Electronics 98

The TRADE

JANUARY 8, 2024

RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT). He originally joined the asset manager as an investment operations analyst in 2020. He began his career as a junior portfolio manager at RSA covering US equities.

Asset Management 64

Asset Management Equities Sale Investment Manager 64

The TRADE

MAY 30, 2023

Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support. Cheung was previously a strategic account manager at Enfusion, focused on APAC-based hedge funds, family offices and asset management firms.

Accountant 64

Accountant Portfolio Management Management Asset Management 64

The TRADE

JULY 8, 2024

Senior equity trader at Janus Henderson, Stuart Mair, left the asset manager after 14 years. Prior to his most recent role he spent six and a half years as a multi-asset trader. He originally joined the asset manager in 2010 as an RFP associate on the fixed income team.

Banking 64

Banking Bank Asset Management Equities 64

The TRADE

NOVEMBER 20, 2023

State Street’s asset management business State Street Global Advisors (SSGA) has named Dublin-based Ann Prendergast head of EMEA. Prendergast said: “I’m proud to lead our business in the EMEA region. She has been with State Street since 2000, beginning as a relationship manager.

Portfolio Management 59

Portfolio Management Asset Management Management Business 59

The TRADE

OCTOBER 4, 2023

LiquidityBook is set to acquire boutique capital markets fintech provider, Messer Financial Software, in a bid to accelerate its multi-asset capabilities. As a result, LiquidityBook’s LBX suite has become a full-featured Portfolio, Order and Execution Management System (POEMS) with an embedded FIX network.

Portfolio Management 59

Portfolio Management Architecture Accountant Portfolio 59

The TRADE

DECEMBER 8, 2023

CIBC Mellon gives an example: “One imminent change to the prime brokerage business is the discontinued use of LIBOR in the US and CDOR in Canada. This is a timing problem which causes issues on T+1 if there are any trade discrepancies between the asset manager and the executing broker.

Broker 114

Broker Asset Management Trading Funds 114

The TRADE

JUNE 9, 2023

Through the IDN software and Investortool’s straight-through-processing, asset managers have direct click-to-bid and click-to-trade access to liquidity. Speaking in an announcement, the business explained that the partnership was the next step in the integration within the FIX connectivity.

Electronics 59

Electronics Trading Portfolio Management Portfolio 59

The TRADE

JULY 31, 2023

Taitz joined buy-side OEMS provider Adroit as its head of business operations after seven and a half years with Invesco helming its fixed income trading business. During his time with the asset manager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong.

Asset Management 52

Asset Management Investment Banking Investment Manager Trading 52

The TRADE

OCTOBER 19, 2023

GAM Holding has confirmed its first steps in the turnaround plan for the business, aiming to return the company to profitability following a turbulent period. GAM has already made several new appointments in recent weeks in a bid to grow the business and increase profits, including changes to the group management board.

Profitability 59

Profitability Shares Investment Management 59

The TRADE

FEBRUARY 12, 2024

Former BlackRock Aladdin business development managing director for EMEA, Keith Viverito, joined Clearwater Analytics to support its global expansion plans. Viverito joined Clearwater as managing director for EMEA and will be responsible for strengthening the firm’s go to market strategy in the region and Asia Pacific.

Capital 64

Capital Sale Asset Management Electronics 64

The TRADE

SEPTEMBER 11, 2023

Chalkley brings more than three decades worth of financial services to the role, in both portfolio management and rates sales. He most recently served as managing director in its institutional rates sales business, overseeing key strategic relationships and distributing global rates products.

Sale 64

Sale Management Trading Equities 64

The TRADE

JULY 24, 2023

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. I shall be taking up a more active role in a corporate development and investment advisory position, at an extraordinarily exciting time for the business.

Investment Manager 52

Investment Manager Management Investment Portfolio Management 52

The TRADE

NOVEMBER 27, 2023

State Street’s asset management business State Street Global Advisors (SSGA) named Dublin-based Ann Prendergast head of EMEA. She has been with State Street since 2000, beginning as a relationship manager. In addition, he will focus on ensuring close coordination between the FX trading and sales teams.

Equities 64

Equities Electronics Trading Investment Banking 64

The TRADE

JUNE 2, 2023

The asset manager will now operate with two specialised trading groups, one dedicated to equities, consisting of a team of three traders and headed up by Fabien Orève, and one dedicated to fixed income, consisting of four traders and headed up by Amaury Van Ruymbeke. The former subsidiaries are now branches.

Trading 59

Trading Equities Portfolio Management Portfolio 59

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

Trading Equities Asset Management Portfolio Management 59

The TRADE

OCTOBER 6, 2023

We need good, consistent data sets in order to build logic to automate and make informed decisions,” said Martin Hendry, deputy head of trading at Liontrust Asset Management. Secondly, when we route outside to a platform, what rules are we looking at in order to execute that business?

Trading 69

Trading Portfolio Management Asset Management IT 69

Razorpay

DECEMBER 15, 2024

It involves offering exclusive products, tailored advice, and one-on-one attention to help clients manage, grow, and protect their wealth. Unlike retail banking, which caters to the general public, private banking focuses on delivering banking services for affluent individuals and businesses.

Banking 52

Banking Bank IT Management 52

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 With the Russian invasion there was a lot of attention to the OTC derivative side of our business. You had the gilt crisis.

Trading 52

Trading Portfolio Management Asset Management Management 52

The TRADE

OCTOBER 23, 2023

Technology is at the forefront of this movement and the electronification/automation of many parts of the execution function allow the human element of trading to be more focused on larger, more complex trades that carry greater risk and as the role of trading develops, into other areas of the overall asset management business.

Trading 64

Trading Portfolio Management Portfolio Management 64

The TRADE

OCTOBER 31, 2024

Finding fixed income After spending three months as a trading assistant intern at PPM America, Raymond landed his first permanent buy-side position, joining UBS Asset Management as an operations assistant in 2003. In his first role at LGIM, Raymond was responsible for overseeing its credit trading business out of the US.

Portfolio 52

Portfolio Trading Asset Management Management 52

The TRADE

AUGUST 14, 2023

I’ve always worked in the asset management industry, starting my first job at 18 with Scottish Amicable Investment Management in Glasgow. From the banking team at Scot Asset Management, I moved firms in 1999 to take up a role in trade settlements. What has your journey to the trading desk been like?

Trading 52

Trading Asset Management Equities Electronics 52

The TRADE

JANUARY 3, 2024

New entrants are pouring into this space as demand increases exponentially with each passing year, and there’s certainly enough business to go around at present. Can everyone keep up with the increasing multi-asset and geographic demands? Could this sticky business start seeing clients switch providers, or even insource?

Trading 64

Trading Asset Management M&A Broker 64

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. When people have ownership in their function and they can see their contribution to the business, that really motivates them to make sure that they are constantly improving,” she explains. “In

Trading 59

Trading Bulge Bracket Asset Management Banking 59

The TRADE

MAY 1, 2024

Joining the industry after graduating from business school at the age of 20, Papanichola has an impressive track record that spans across five hedge funds and two banks. The traders are now discretionary execution guys and the portfolio managers (PMs) don’t get involved.

Trading 59

Trading Capital Funds Investment 59

The TRADE

AUGUST 7, 2024

Brendan Burke, Brown Brothers Harriman’s (BBH) managing director and head of Americas FX sales and business development tells The TRADE: “Managers need to be comfortable that execution via an outsourced platform is comparable to managing the process in-house.

Trading 59

Trading Management Investment Manager IT 59

The TRADE

OCTOBER 18, 2024

Not that the seemingly never-ending list of aforementioned market occurrences had noticeably hindered the prime business. Those are the relatively commoditised parts of the business. If you look at what those firms need in terms of prime-related services, well, cash PB and synthetics are just the basics.

Broker 69

Broker Funds Bulge Bracket Banking 69