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People Moves Monday: Morgan Stanley Investment Management, Legal & General Investment Management, Goldman Sachs and more…

The TRADE

BNY Buy-side Trading Solutions Legal & General Investment Management (LGIM) equity and foreign exchange trader Jamie Jones is set to leave the firm to join BNY’s expanding outsourced trading refit, as revealed by The TRADE. BNY declined to comment on his appointment.

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An evolving service provider landscape

The TRADE

David Berney and Michael Broadbent run Ergo Consultancy which delivers what it refers to as provider “beauty parades” for buy-side organisations looking to outsource their trading, whereby it presents all the services in the industry to that asset manager, hedge fund or asset owner.

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Outsourced trading: Easy to do, difficult to get right

The TRADE

Speaking to The TRADE, Dean Gray, head of EMEA outsourced trading at Jefferies, explains: “It has been well documented that the past few years have seen a significant shift in the mindset, especially of the larger funds, towards the adoption of outsourced trading.

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Clearstream partners with SimCorp on integrated fund data service

The TRADE

Clearstream has partnered with financial technology firm SimCorp to incorporate its post-trade offering into front-to-back investment platform SimCorp One. Georg Hetrodt SimCorps clients can now utilise Clearstreams fund data solutions via its Kneip platform, with access to data, documents and regulatory reporting for their funds.