Shearman & Sterling

OCTOBER 19, 2021

Brookfield Asset Management, Inc. Valihura, the Delaware Supreme Court sitting en banc reversed the denial of defendants' motion to dismiss breach of fiduciary duty claims brought by former stockholders of TerraForm Power, Inc. the "Company"). Rosson, No. 406, 2020, 2021 WL 4260639 (Del.

Economics

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

The TRADE

DECEMBER 22, 2023

Lastly, as active management becomes more relevant again, so too the impact a buy-side trader can have on the investment process; gone are the days of execution only dealers.  In Q3-Q4 of 2023, there was an emphasis on the cost of collateral and the strategies firms use to efficiently utilise their asset portfolios for collateral purposes.

Trading

Mergers and Inquisitions

JULY 19, 2023

And if you are interested in this strategy, should you even target hedge funds, or would a long-only asset management firm be better? And if you are interested in long-only investing, should you target asset management firms instead? This second trade would be much less likely at a long-only asset management firm.

Funds

The TRADE

JUNE 19, 2023

As part of the new system-wide exploratory scenario (SWES) exercise, participants including major banks, hedge funds, asset managers and pension funds will be asked to evaluate the impact of “severe but plausible” stress including what actions they might individually take in that scenario, with a focus on the UK markets.

Banking

Shearman & Sterling

OCTOBER 19, 2021

Brookfield Asset Management, Inc. Valihura, the Delaware Supreme Court sitting en banc reversed the denial of defendants' motion to dismiss breach of fiduciary duty claims brought by former stockholders of TerraForm Power, Inc. the "Company"). Rosson, No. 406, 2020, 2021 WL 4260639 (Del.

Economics

The TRADE

FEBRUARY 2, 2024

Major asset managers, ourselves included, have traditionally favoured partnerships with banks known for their research and presence in a particular region. Recent trends highlight an increasing demand from asset managers, fast money, and quant funds, expediting the transition toward electronification in NDF markets.

Asset Management

The TRADE

SEPTEMBER 20, 2023

Economic liberalisation is going on in most countries: local markets are growing, getting better regulated and they are opening to foreign investments. We at Ostrum Asset Management are so confident with this trend that we are strengthening our presence in Asia, while recruiting new credit analysts and fund managers.

Trading

Peak Frameworks

JANUARY 15, 2024

Laurier is well known for its business, economics, social work, and data science programs. Laurier is home to the Lazaridis School of Business and Economics , a highly-ranked Canadian business school with program offerings for undergraduate and graduate students. We note that Laurier does not have as strong of a presence in the U.S.

Investment Banking

Mergers and Inquisitions

MARCH 8, 2023

at a hedge fund , prop trading firm , or asset management firm and then move into a commodity role once you prove yourself. Almost no one (< 5%) had management consulting or investment banking backgrounds , and the ones that did also had something closely related to commodities. Start in trading and pivot into commodities.

Funds

Peak Frameworks

SEPTEMBER 19, 2023

For instance, someone with a deep understanding of equity research who is also proficient in data analytics and global economic trends embodies the T-shape model. No longer can an investment banker function in isolation without understanding global economic trends, technological advancements, or geopolitical shifts.

Finance

The TRADE

MARCH 8, 2024

Starting out, especially coming into the industry without a more typical degree in say economics or finance, I didn’t necessarily know what role would suit me best. The opportunity to learn how to trade nearly every asset class so early on in my career was something that really appealed. What makes a successful multi-asset trader?

Trading

The TRADE

DECEMBER 18, 2023

RBC BlueBay Asset Management The market is already pricing in rate cuts in Q1 although I, along with many others, don’t believe they will begin before the end of H1. Phil Steel, senior trader, convertible bonds. This uncertainty will lead to heightened equity volatility in 2024.

Trading

Accenture Capital Markets

SEPTEMBER 5, 2023

The year ahead will be busy for institutional investors and pension funds as they navigate political turbulence and speculations around when the economic cycle will shift. The industry is rethinking how to manage the generation, storage, transformation, usage and retirement of both structured and unstructured data.

Investment

Peak Frameworks

SEPTEMBER 19, 2023

A consistently low CPI can be a sign of economic stagnation. Due Diligence and Economic Analysis Before private equity firms consider an acquisition or a significant investment, they conduct rigorous due diligence. Macroeconomic Understanding Broad indices, like the CPI, provide a snapshot of the overall economic environment.

Private Equity

The TRADE

AUGUST 2, 2024

The next five years will deliver an economic environment that will alter the dynamics of equity, bond and foreign exchange in several ways. Over the short run, markets are more volatile than is warranted by underlying economic conditions. Moreover, the relationship between asset classes is not stable through time.

Economics

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

The Harvard Law School Forum

AUGUST 29, 2023

Although poor economic or stock price performance can increase vulnerability, even companies that are respected industry leaders and have outperformed the market and their peers have been and are being attacked.

Investors

The TRADE

APRIL 15, 2024

The banks appear to be in agreement that while their posted revenues demonstrate a solid foundation for continued growth, there is no accounting for the increasingly unpredictable nature of the global markets thanks to various macro and socio-economic factors.

Equities

M&A Leadership Council

OCTOBER 22, 2023

Once again, as in the case of other stakeholders, the answer involves ethics, law, and economics. Breaking a promise is not only wrong (and sometimes illegal), but it is likely to have negative economic consequences. For example, key employees may leave because they lose trust in the new organization.

Mergers

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.

Asset Management

The TRADE

OCTOBER 26, 2023

Mike Carrodus “This provider power is creating a dynamic in which asset managers and banks are on an unsustainable path – it will become economically un-viable,” Substantive Research’s founder and chief executive officer, Mike Carrodus, told The TRADE.

Trading

The TRADE

OCTOBER 31, 2024

Chicago-based head of US trading at Legal and General Investment Management (LGIM) Ryan Raymond has seen enough economic turmoil during his career to know what to do when markets turn volatile. Chicago is a very small community and so I knew most of the portfolio managers and management at LGIM America before I came over.

Portfolio

The Deal

JULY 18, 2023

But the asset class has also carried over its caution from the second half of last year amid economic uncertainty and a tighter fundraising environment. Meanwhile, in January, Churchill raised $737 million for its second Junior Capital Opportunities fund — more than double its first — and Goldman Sachs Asset Management snagged $15.2

Debt

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. He moved to Investec Asset Management – now Ninety One – in 2004 in an operations role before moving onto the dealing desk covering money markets and some FX in 2007 just in time for the global financial crisis.

Trading

The TRADE

APRIL 26, 2024

Always stay connected and able to understand the markets and the economic, geopolitical, and technical factors to anticipate. In your opinion, what skills should be the main priority for traders looking to succeed in the equities space? The priority is rigor and not letting oneself be overwhelmed.

Insurance

The TRADE

FEBRUARY 29, 2024

This provider power is creating a dynamic in which asset managers and banks are on an unsustainable path – it will become economically un-viable,” Substantive Research’s founder and chief executive officer, Mike Carrodus, told The TRADE. Some outlier providers are repricing clients by 600%, added Substantive Research.

IT

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. I do not see the larger asset managers moving away from that model at all. Brexit clearly did not help, nor help the perception of UK equities.

Bulge Bracket

The TRADE

AUGUST 7, 2024

Aaron Hantman, chief executive of Tourmaline, agrees that, despite the pursuit for quality, the decision to outsource – specifically where to outsource – often comes down to economics, explaining that in some cases this can have negative repercussions. “If

Trading

Mergers and Inquisitions

MARCH 27, 2024

Outside of IB, various asset managers, hedge funds, consulting firms, and trading firms also run some type of spring week program, but we’re focusing on banking here. All the bulge bracket banks in the U.K. run them, but so do many elite boutiques (Lazard, Evercore, PJT, etc.), middle-market banks (Jefferies, Houlihan Lokey, etc.),

Investment Banking

Peak Frameworks

OCTOBER 30, 2023

Asset Management and Private Banking While most of us are familiar with regular banking services, there's a high-end segment dedicated to the uber-rich and institutional investors. These services can range from simple wealth management advice to intricate financial planning and strategy.

Banking

Software Equity Group

AUGUST 20, 2024

Notable transactions include the January 2024 acquisition of $54 million EV Damstra Technology, a provider of integrated workplace management software and related mobile applications for businesses worldwide. The software provides features for access control, asset management, eLearning, and predictive analysis.

Investment

Mergers and Inquisitions

JANUARY 10, 2024

” Interviews are broader than IB interviews and require knowledge of asset allocation, economics, and and financial markets, but far less specific technical knowledge. Even hedge fund and asset management roles are unlikely unless you’ve had a lot of experience analyzing individual companies or doing very technical analysis.

Investment Banking

Software Equity Group

MARCH 7, 2024

Steven Forth, CEO and Co-Founder of Ibbaka, shares, “Karen has innovated the pricing space by clarifying the role that non-economic value plays, or as she says, ‘Community Value Drivers.’ This is part of a large move towards leveraging pricing for community good.”

Collaboration

Software Equity Group

MARCH 7, 2024

Steven Forth, CEO and Co-Founder of Ibbaka, shares, “Karen has innovated the pricing space by clarifying the role that non-economic value plays, or as she says, ‘Community Value Drivers.’ This is part of a large move towards leveraging pricing for community good.”

Collaboration

Software Equity Group

MARCH 7, 2024

Steven Forth, CEO and Co-Founder of Ibbaka, shares, “Karen has innovated the pricing space by clarifying the role that non-economic value plays, or as she says, ‘Community Value Drivers.’ This is part of a large move towards leveraging pricing for community good.”

Collaboration

M&A Leadership Council

FEBRUARY 3, 2024

He oversaw world class delivery of the largest US bank acquisition by a Canadian bank (Bank of the West), the largest nonbank acquisition by a Canadian Bank in the US (General Electric Capital Corporation Transportation Finance Business), and the largest divestiture in company history (EMEA Global Asset Management Sale).

Mergers and Acquisitions