The TRADE

JULY 7, 2023

Generali has entered a definitive agreement to acquire US-based Conning from Cathay Life in a deal that will see it become one of the largest asset management firms in Europe. Earlier this year, UK asset manager Liontrust also entered into a conditional agreement to acquire Swiss asset management company, GAM Holding for £96 million.

Asset Management 52

Asset Management Management Acquisitions Insurance 52

Mergers and Inquisitions

JULY 19, 2023

When you hear the term “long-only hedge funds,” your first thought might be: “How can a hedge fund hold only long positions? Doesn’t that contradict the term ‘hedge fund’? Why would investors pay high fees for what is effectively a mutual fund?” These are all good questions.

Funds 52

Funds Asset Management Management Equities 52

The TRADE

OCTOBER 18, 2023

The scheme has recognised numerous promising talents over the years, many of whom have gone on to expanded roles such as head of trading at some of the world’s largest asset managers and hedge funds. Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015.

Trading 119

Trading Asset Management Equities Investment Manager 119

Mergers and Inquisitions

FEBRUARY 28, 2024

While everyone seems to know about equity research and trading stocks, fixed income research gets far less attention. Equity Research vs. Fixed Income Research Common Myths What Do You Do as a Fixed Income Research Analyst or Associate? Also, it can be quantitative or fundamental – or both! –

Equities 59

Equities Asset Management Debt Recruitment 59

Mergers and Inquisitions

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed investing offers equity-like returns with lower risk.” Distressed assets offer non-correlated returns, similar to global macro.”

Debt 96

Debt Funds Investment Equities 96

Mergers and Inquisitions

DECEMBER 6, 2023

Almost all conversations about buy-side roles eventually turn to multi-manager hedge funds , also known as “pod shops.” There are only a few dozen large funds in this category worldwide, but they’ve greatly impacted the markets and finance careers. These funds are usually multi-strategy as well.

Funds 97

Funds Management Recruitment Portfolio 97

The TRADE

SEPTEMBER 29, 2023

This year’s categories have been updated slightly, and for the first time the Buy-Side Awards will celebrate a Hedge Fund Trading Desk of the Year alongside the Long Only category. The TRADE is delighted to reveal the shortlisted nominees for this year’s coveted Buy-Side Awards, in partnership with SIX Swiss Exchange.

Trading 111

Trading Asset Management Investment Manager Management 111

Mergers and Inquisitions

JANUARY 31, 2024

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. In other words, they’re the public face and brand of their fund, and all investment decisions flow through them. 10 – 15 positions rather than 100+).

Funds 59

Funds Management S&P Recruitment 59

Mergers and Inquisitions

MAY 24, 2023

“Event-driven hedge funds” is one of the more confusing labels in finance. But the other problem is that all hedge funds are “event-driven” because they invest based on catalysts , or specific events that could change a security’s price. If this fund is right, the company’s price may increase by 50%.

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

The TRADE

MARCH 28, 2024

With buy-side market data costs on the rise asset managers were shown to be tapping fixed income in particular, along with equities and exchange traded funds for the greatest spend looking forward. The post SIX picks up majority stake in fixed income data provider FactEntry appeared first on The TRADE.

Asset Management 115

Asset Management Equities Trading Acquisitions 115

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

Mergers and Inquisitions

MARCH 8, 2023

If you want to work in the most cyclical role in the finance industry, it’s hard to beat commodity hedge funds. Many of the largest hedge funds put commodity trading within their global macro strategies , but plenty of smaller funds, banks, and desks make it a separate category or focus on commodities within their macro strategies.

Funds 115

Funds Finance Finance Trading 115

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.

Trading 59

Trading Equities Asset Management Initial Public Offering 59

The TRADE

NOVEMBER 9, 2023

Running for its ninth year, the Rising Stars initiative, in partnership with Instinet, has recognised a number of up-and-coming talents over the years, many of whom have gone on to hold impressive roles and head up some of the largest and most successful desks across the world’s leading asset managers and hedge funds.

Trading 59

Trading Asset Management Investment Manager Equities 59

The TRADE

APRIL 10, 2024

Marcus Plyhr, portfolio manager at Norron Asset Management, said: “This is an excellent product that can be used in our long-only equity funds, as well as for hedging purposes in our absolute return funds.

Asset Management 59

Asset Management Portfolio Management Portfolio Investors 59

The TRADE

FEBRUARY 5, 2024

Greg Finke joins the boutique asset manager after just over a year at Rothschild & Co as a senior investment dealer covering equities. Prior to joining Rothschild in January 2023, Finke spent nearly five years at Marathon Asset Management as a global equity trader covering equities and FX.

Capital 52

Capital Boutique Asset Management Trading 52

The TRADE

JULY 17, 2023

Yet with equities, these markets are constrained by market hours which may be specific to a region and/or exchanges themselves. With Middle East and North Africa (MENA) becoming a larger part of indices and portfolio managers’ thinking, decisions will have to be taken around how best to trade these markets.

Trading 52

Trading Equities Asset Management Retail 52

Mergers and Inquisitions

APRIL 5, 2023

But one possible exception lies in sovereign wealth funds (SWFs) , which are similar to funds of funds in some ways. I’ll address all these points here and cover the advantages and disadvantages of SWFs, but let’s start with the definitions and overview: What Are Sovereign Wealth Funds?

Recruitment 59

Recruitment Funds Private Equity Investment 59

The TRADE

DECEMBER 19, 2023

Martin Hendry, deputy head of trading, Liontrust Asset Management As we peer into the crystal ball for 2024 trading, a notable shift is anticipated with the adoption of T+1 settlement for US equity transactions. This transition is poised to reshape the pace and efficiency of equity trading, promoting quicker settlement cycles.

Trading 69

Trading Asset Management Investment Manager Management 69

The TRADE

AUGUST 30, 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, The TRADE can reveal. Union is bolstering its digital assets division, The TRADE understands.

Trading 105

Trading Asset Management Management Portfolio Management 105

The TRADE

MAY 8, 2024

Read more: T+1 Industry Issues Forum 2024: Funding and FX challenges The imminent shift to T+1 in the US is a clear catalyst for this move as Asia-based asset managers expect big challenges due to the time differences. In addition, the offering includes coverage from multiple trading locations.

Investment Manager 52

Investment Manager Trading Management Investment 52

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. Legal & General Investment Management (LGIM) promoted one of its own to the role of head of US equity and foreign exchange trading.

Asset Management 72

Asset Management Sale Trading Equities 72

The TRADE

JANUARY 4, 2024

Institutional investors, asset managers and hedge funds are invited to rate the service, features and capabilities of their algo providers in The TRADE’s 2024 Algorithmic Trading Survey. The 2023 Algorithmic Trading Survey results for long-only and hedge fund clients, along with the full methodology can be viewed here.

Trading 111

Trading Asset Management Funds Investors 111

The TRADE

JANUARY 31, 2024

The BlackRock EMEA equity trading team picked up The TRADE’s highly coveted Trading Desk of the Year, Long-Only award at the Leaders in Trading 2023 event in November. McCartney heads up the EMEA fundamental equity trading team, having made the shift from the London Stock Exchange to the front-office earlier in her career.

Trading 59

Trading Equities Collaboration Management 59

The TRADE

JANUARY 8, 2024

His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk. RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT).

Asset Management 64

Asset Management Sale Investment Manager Equities 64

The TRADE

JANUARY 17, 2024

GAM heads, Mark Hawtin and Jeremy Roberts, are set to join Liontrust Asset Management in the coming months as head of global growth equities, and head of global distribution (ex UK), respectively. The deal, once completed, was set to create a global asset manager with £53 billion in assets under management and administration.

Asset Management 64

Asset Management Equities Management Retail 64

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 115

Investment Equities Trading Asset Management 115

The TRADE

MAY 20, 2024

Prior to this, he spent more than eight years at Societe Generale Corporate and Investment Banking (SGCIB), working across multi asset sales and trading, hedge fund sales, and prime brokerage. DWS Group senior equity trader, Alex Cotar, departed for pastures new after over 16 years at the asset manager.

Sale 64

Sale Asset Management Trading Investment Banking 64

The TRADE

SEPTEMBER 7, 2023

The three incoming professionals are London-based and hold long track records of success and leadership across global equities trading. Bradley was most recently a partner at Mariana Capital and prior to that was head of CSC equity options at GFI Group. He has also previously worked for Goldman Sachs.

Trading 111

Trading Equities Asset Management Sale 111

The TRADE

JULY 24, 2023

Heraty will take on the role of head of US equity solutions and structured product sales, whilst Gleave has been appointed as head of European equity solutions. Heraty was previously at Credit Suisse where he spent four years as head of North American equity derivative sales.

Asset Management 52

Asset Management Investment Manager Management Equities 52

The TRADE

APRIL 10, 2024

Start-up bond trading platform LedgerEdge shuttered three years after its establishment due to “an extremely challenging funding environment”, the organisation confirmed. Most recently, he served as head of cross-asset electronic trading, a position he held for just over three years.

Trading 64

Trading Asset Management Electronics Media 64

The TRADE

NOVEMBER 17, 2023

Specifically, the Netherlands-based impact asset manager will utilise Bloomberg’s offerings to enhance processes for its investment funds and discretionary clients’ business. Together, the solutions manage integrated workflows for more than 200 clients – which includes over 100 of the world’s top asset managers (by AUM).

Investment Manager 59

Investment Manager Management Investment Asset Management 59

The TRADE

JULY 18, 2023

Bank of America has reported a strong second quarter and first half of the year overall, despite its global wealth and investment management total revenue decreasing 4% to $5.2 billion due to lower average equity and fixed income market levels. However, the company’s equities revenue was not a fruitful, falling by 2% to $1.6

Trading 52

Trading Bank Banking Sale 52

The TRADE

NOVEMBER 6, 2023

Eleanor Beasley, chief operating officer for EMEA equity execution services, Goldman Sachs Chief operating officer of EMEA equity execution services, Eleanor Beasley, joined Goldman Sachs to manage its new-look market structure team in 2019. He is also responsible for Liquidnet’s equity product strategy.

Trading 52

Trading Asset Management Equities Management 52

The TRADE

OCTOBER 26, 2023

Citadel Securities Needing little introduction, Citadel Securities, is one of the largest market makers in US Treasuries and USD interest rate swaps globally, and serves an extensive list of financial institutions, including: banks, asset managers, pension funds, hedge funds, central banks, and sovereign wealth fund.

Electronics 59

Electronics Trading Bank Banking 59

The TRADE

JANUARY 18, 2024

Derivatives exchange Eurex will expand its equity-index linked product suite with futures on Socially Responsible Investing (SRI) indices. Our offering will certainly appeal to new user groups that have stricter ESG mandates and need to invest responsibly, such as asset managers who invest on behalf of endowment funds or foundations.”

Investment 59

Investment Risk Management Asset Management Trading 59

The TRADE

MAY 24, 2024

Tension is lingering between non-US traders, custodians and CLS over FX deadlines ahead of the rollout of T+1 settlement for equities in North America next week, with frustration and confusion over cut-offs leading to ongoing worries of increased risk for the buy-side. That cannot be seen to be a positive outcome.”

Trading 64

Trading Asset Management IT Funds 64