The TRADE

OCTOBER 2, 2023

James Hilton was appointed multi-asset managing director in RBC’s low touch team, joining from Credit Suisse, where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team. Balyasny Asset Management appointed Harrison Chesterton as associate director within its equity finance trading division.

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Asset Management Management Sale Trading 62

The TRADE

JUNE 27, 2023

Asset managers are turning to third party vendor relationships as a means of reducing costs, a report from Northern Trust and Coalition Greenwich has found. Around 37% of the 151 asset managers surveyed by Northern Trust confirmed plans to renegotiate fees with vendors to reduce costs and increase efficiencies.

Asset Management 57

Asset Management Management Capital Market Valuation 57

The TRADE

JUNE 15, 2023

SIFMA and its asset management arm have published an open letter expressing concerns about the SEC’s proposal to redefine what constitutes an exchange and expand Regulation ATS, stating that it is not appropriately tailored to existing systems.

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Asset Management Management Broker Trading 62

Global Banking & Finance

MAY 7, 2024

Race for Europe’s first ‘real-time’ stock trade tape heats up By Huw Jones LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.

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The TRADE

AUGUST 28, 2023

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. Pictet Asset Management appointed Jade Beckmann as an equity trader. Prior to that, she held the role of financial products equity specialist at the firm.

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Bank Banking Asset Management Universal Banks 52

The TRADE

FEBRUARY 27, 2024

The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015. trillion asset manager Franklin Templeton outsourcing its entire global transfer agency (TA) operations to FinTech FIS.

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Trading Capital Market Asset Management Capital 109

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. Throughout his career Jenkins has also worked at SWIFT, Macgregor, and AXA Investment Managers.

Asset Management 62

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The TRADE

JULY 24, 2023

RBC Capital Markets appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. He has been appointed senior trader at Norges Bank Investment Management, based in New York.

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Asset Management Investment Manager Management Equities 52

The TRADE

MAY 15, 2024

BNY Mellon has today announced the integration of Global Markets Trading (GMT), which will combine the firm’s capabilities in foreign exchange, fixed income, equities and capital markets to provide full-service client provisions.

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Trading Asset Management Broker Capital Market 67

The TRADE

AUGUST 31, 2023

Liquidnet brings knowledge and experience in capital markets to the Partnership and will play a crucial role in shaping and informing Plato’s initiatives within capital markets, the organisation said.

Asset Management 67

Asset Management Equities Capital Market Trading 67

Accenture Capital Markets

SEPTEMBER 5, 2023

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. For more on cyber resiliency, read our InsideOps: Cybersecurity for Asset Managers: Shielding Your Firm from Risks. Cost of Cyber Crime Study.

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Asset Management Management Business Securities 94

The TRADE

APRIL 10, 2024

Read more: LedgerEdge closes three years after launch “As many of you know, Brian is a proven multi-asset trader and trading technologist with valuable asset management and capital markets experience,” said Stephen Berte, president at BIDS Trading, in a social media post.

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Trading Asset Management Electronics Media 62

The TRADE

DECEMBER 28, 2023

This time being the internal promotion from Northern Trust for its new head of global foreign exchange within its capital markets business. Fannin took up the role after spending the last 17 years at Northern Trust within its capital markets business in Asia Pacific and London, most recently as its global head of securities finance.

Asset Management 67

Asset Management Electronics Trading Equities 67

The TRADE

MARCH 11, 2024

BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading.

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Equities Trading Sale Capital Market 117

The TRADE

APRIL 8, 2024

He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year. Other previous tenures include credit trading roles at both Barclays Investment Bank and Credit Suisse.

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Trading Asset Management Sale Investment Banking 62

The TRADE

MARCH 4, 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. The global head of capital markets at German asset manager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter.

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Asset Management Sale Trading Equities 70

The TRADE

JANUARY 26, 2024

What is the future outlook for AI use across capital markets? This year the market will see more generative AI use-cases go from pilots to production. Throughout 2023, we saw generative AI experimentation across the capital markets ecosystem. How is the industry adjusting to the increasing prevalence of the cloud?

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Capital Market Financial Institution Capital Asset Management 57

The TRADE

OCTOBER 23, 2023

Asset manager Ninety One promoted from within for its new deputy global head of trading and head of trading for South Africa. Jonathan Tse has been appointed managing director, EMEA head of electronic trading quant analytics, platform and product at UBS, as he moves over from Credit Suisse. He will report to Blatch.

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Capital Management Asset Management Trading 62

The TRADE

JULY 31, 2023

Deutsche Bank has re-entered the local DCM in South Korea as it expands its investment banking capabilities in the region in a bid to support its local clients in accessing global debt capital markets. It also provides asset management services to its South Korean clients through Deutsche Bank subsidiary, DWS.

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Investment Banking Bank Banking Debt Capital Markets 52

The TRADE

APRIL 15, 2024

billion, posting its third best quarter for capital markets ever – again in large part thanks to stronger performances in equities. Jefferies Jefferies’ results saw a net revenue of $1.74 year on year (up 47.9% from Q4 2023), fixed income net revenues remained consistent from year on year.

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Equities Investment Banking Capital Market Bank 57

The TRADE

JULY 25, 2023

During his time with the asset manager Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. Prior to joining Invesco in 2016, Taitz spent two and a half years at RBC Capital Markets in a fixed income role and 10 and a half years at UBS Investment Bank as an executive vice president.

Trading 52

Trading Asset Management Investment Banking Media 52

The TRADE

DECEMBER 4, 2023

Justin Llewellyn-Jones, head of capital markets, North America (equities, FX and derivatives) and chief product officer for capital markets at fintech firm Broadridge announced his departure after more than four years with the business. He began his career as a fixed income support analyst at JP Morgan.

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Broker Capital Market Asset Management Trading 62

The TRADE

OCTOBER 13, 2023

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. LSEG has reshuffled its capital markets top brass significantly in recent years in a bid to simplify its leadership across its expanding asset class remit.

Trading 57

Trading Sale Capital Market Equities 57

The TRADE

JULY 31, 2023

During his time with the asset manager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. Prior to joining Invesco in 2016, Taitz spent two and a half years at RBC Capital Markets in a fixed income role and 10 and a half years at UBS Investment Bank as an executive vice president.

Asset Management 52

Asset Management Trading Investment Banking Investment Manager 52

The TRADE

JUNE 23, 2023

EU asset managers, banks and brokers are urging policy markets not to succumb to pressure that could potentially lead to suboptimal outcomes in the Markets in Financial Instruments Directive (Mifid/r) review.

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Trading Equities Asset Management Initial Public Offering 57

The TRADE

JANUARY 11, 2024

As part of the expansion, FIS has extended its FIS’ Cleared Derivatives (CD) platform – historically used by clearing members – to buy-side firms including hedge funds, asset managers and insurance companies, allowing them to access trading venues and clearing houses directly, which can help reduce counterparty risk and free up capital.

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Trading Asset Management Insurance Capital Market 70

The TRADE

DECEMBER 27, 2023

The acquisition was completed earlier this month, with operations acquired set to be rebranded as Marex Prime Services and Market Outsourced Trading, with both becoming part of the Marex Capital Markets business (formed last year following the acquisition of ED&F Man Capital Markets). He will report to Blatch.

Acquisitions 109

Acquisitions Trading Mergers and Acquisitions Capital Market 109

The TRADE

JULY 11, 2023

Rachel Kent’s review focuses on removing enough of the operational burdens to encourage asset managers to take advantage of new rebundling freedoms, but not so much that transparency to asset owners is completely jettisoned.

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Asset Management Investment Government Trading 40

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.

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The TRADE

OCTOBER 16, 2023

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. Millennium has appointed Ryan Cain in an equites-focused role.

Equities 67

Equities Sale Trading Investment Banking 67

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. The business confirmed that clients can continue to utilise only the services they need, as well as integrate a variety of third-party tools.

Portfolio Management 57

Portfolio Management Architecture Portfolio Accountant 57

The Deal

JUNE 21, 2023

Brookfield Infrastructure Partners LP (BIP) and its institutional partners, along with existing investor Ontario Teachers’ Pension Plan, on Tuesday, June 20, announced that they have agreed to acquire Compass Datacenters LLC from RedBird Capital Partners LLC and Azrieli Group Ltd.

M&A 40

M&A Asset Management Capital Investors 40

Accenture Capital Markets

SEPTEMBER 5, 2023

Not only could it help manage cost pressures, it could also help reduce errors, improve compliance, and simplify overall business complexity. The post Three Ways Institutional Investors Could Increase RPA Success appeared first on Accenture Capital Markets Blog.

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Accenture Capital Markets

JANUARY 22, 2024

Investor appetite for such investments is rapidly increasing, as banks, asset managers and large corporates all seek ways to invest in sustainability. However, every green bond faces the fundamental challenge described above: proving it’s actually green. But they’ll only invest if they have proof about where the money is going.

Investment 98

Investment Investors Finance Finance 98

The TRADE

APRIL 10, 2024

Celebrating Women’s History Month with… Liontrust Asset Management’s Maddy Davies To celebrate Women’s History Month 2024, Annabel Smith sits down with trader at Liontrust Asset Management, Maddy Davies, to unpack her journey to the trading desk, core skills for success as a multi-asset trader, and navigating the current liquidity landscape.

Trading 52

Trading Equities Capital Finance 52

Accenture Capital Markets

SEPTEMBER 5, 2023

Looking ahead at 2018 and beyond, emerging technologies like blockchain, AI, RPA, ML and cloud will likely help institutional investors and pension funds take advantage of unstructured data, refocus on core-managing investments, and simplify as they scale.

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Investment Funds Investors Management 81

The TRADE

AUGUST 4, 2023

There are pockets within the digital asset ecosystem where inroads are being made, primarily with respect to tokenisation. Although I think that the greatest potential is probably withthe hedge fund and the asset manager clients.

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Trading Government Asset Management Securities 52