The TRADE

NOVEMBER 13, 2023

Umair Khan Marwat has joined Millennium as a trader, following almost two and a half years at Balyasny Asset Management. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny Asset Management in 2021 as a trader.

Asset Management 57

Asset Management Management Trading Funds 57

The TRADE

MARCH 14, 2024

More than a third of FX trades from European asset managers would have to settle outside CLS following the US shift to T+1 and therefore carry increased risk, a leading association has found through new research. T+1 implementation today does not represent an absolute reduction of risk in the system.

Asset Management 73

Asset Management Trading Management Funds 73

The TRADE

APRIL 19, 2024

Sarasin & Partners has appointed a former Odey Asset Management trader to join its ranks as a multi-asset dealer, The TRADE can reveal. Neil Palan joins Sarasin & Partners as a multi-asset dealer after over 16 years with Odey Asset Management.

Asset Management 52

Asset Management Management Trading Funds 52

The TRADE

FEBRUARY 21, 2024

Ryan O’Connor has left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

Asset Management 57

Asset Management Management Risk Management Capital Market 57

JD Supra: Mergers

MAY 14, 2024

In this episode, we’re joined by Caroline Cooley, managing partner and CIO for Crestline Summit Strategies. Caroline joined Crestline in 1998 and has since helped build the firm into a multi-strategy, multi-portfolio and multi-billion-dollar asset manager. By: Proskauer - Private Market Talks Podcast

Asset Management 148

Asset Management Portfolio Funds Management 148

PE Hub

NOVEMBER 13, 2023

The post Brookfield Asset Management opens new Frankfurt office appeared first on PE Hub. Brookfield has been actively investing in Germany since 2013.

Asset Management 76

Asset Management Management Investment Funds 76

The TRADE

FEBRUARY 26, 2024

Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

Asset Management 62

Asset Management Management Trading Capital Market 62

The TRADE

MAY 1, 2024

Some 83% of asset managers plan to change product strategy in the next two years, a new survey from Northern Trust has found, emphasising the need to cater to diverse investor needs. Technology appears to be at the heart of that change, with 77% planning to leverage new tech within the same timeframe.

Asset Management 57

Asset Management Management Investors Trading 57

Global Banking & Finance

FEBRUARY 5, 2024

Financial sector seeks delay to revising EU sustainability rules for asset managers By Huw Jones LONDON (Reuters) – The European Union’s financial sector on Monday urged the bloc to delay quick fixes to how asset managers label sustainable investment funds, saying the EU executive should conclude a broader review first to ensure a “holistic” (..)

Asset Management 40

Asset Management Management Funds Investment 40

The TRADE

JUNE 1, 2023

The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two asset management deals have been announced in the past 24 hours. The post Asset manager consolidation wave continues as two deals announced in 24 hours appeared first on The TRADE.

Asset Management 57

Asset Management Management Mergers and Acquisitions Investment Manager 57

PE Hub

JANUARY 31, 2024

Charlesbank Credit Opportunities Fund III's LPs include public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high-net-worth individuals. The post Charlesbank Capital Partners wraps up third credit fund at $1.5bn appeared first on PE Hub.

Funds 83

Funds Capital Financial Institution Asset Management 83

Global Banking & Finance

DECEMBER 20, 2023

Asset managers face tougher rules on investor cash calls By Huw Jones LONDON (Reuters) – Global regulators published tougher rules on Wednesday for managers of open-ended investment funds to ensure they can meet investor cash calls in a crisis without the need for emergency liquidity from central banks.

Asset Management 40

Asset Management Investors Management Funds 40

PE Hub

DECEMBER 20, 2023

Last year, Entropy secured a C$300 million investment from the Brookfield Global Transition Fund I, an energy transition fund managed by Brookfield Asset Management. The post Canada Growth Fund to invest C$200m in Advantage Energy’s Entropy appeared first on PE Hub.

Funds 87

Funds Investment Asset Management Management 87

The TRADE

AUGUST 29, 2023

Vahid joins AllianzGI from UBS Asset Management where he served in a variety of roles over the last 20 years. The post Allianz Global Investors taps UBS Asset Management for new head of equity Europe core and value appeared first on The TRADE.

Asset Management 67

Asset Management Equities Investors Management 67

PE Hub

JULY 27, 2023

The post BlackRock and Jio Financial Services to form India-based asset management JV appeared first on PE Hub. JFS and BlackRock are targeting an initial investment of $150 million each in Jio BlackRock.

Asset Management 69

Asset Management Financial Services Management Investment 69

The TRADE

NOVEMBER 13, 2023

Dan Childs departed from his role as managing director, head of European prime services sales, EMEA to join Balyasny Asset Management, taking on the role of head, cash and liquidity management at the hedge fund.  So far Estrada’s next step is unconfirmed.

Asset Management 57

Asset Management Management Sale Trading 57

CNBC: Investing

APRIL 12, 2024

Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday. In a Thursday email to clients, the St.

Asset Management 128

Asset Management Funds IT Management 128

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

Business Standard - FInance

JUNE 6, 2023

Course5 Funding: Investment was led by Nuvama Asset Management, with participation from Carnelian Asset Advisors

Funds 96

Funds Asset Management Management Investment 96

American Banker - Investment Banking

FEBRUARY 28, 2024

BNP Paribas Asset Management says its ESG clients have been moving into money market funds in reaction to volatility in the market.

Funds 52

Funds Asset Management Management IT 52

The TRADE

AUGUST 29, 2023

UK asset manager Liontrust conditionally agreed to acquire its Swiss competitor GAM Holding for £96 million back in May, following murmurs of the deal in April. The investor group has confirmed to the current board “their intention to secure sufficient financial resources to fund GAM’s operations as a going concern”.

Asset Management 62

Asset Management Finance Finance Management 62

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 57

Asset Management Management Investment Banking Financial Institution 57

CNBC: Investing

JANUARY 11, 2024

Asset managers were already cutting their fees ahead of Thursday's launches for bitcoin ETFs.

Asset Management 144

Asset Management IT Funds Management 144

The TRADE

FEBRUARY 28, 2024

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, The TRADE can reveal. Keshava Shastry Shastry, a managing director based in London, had been with the German firm for over ten years.

Capital Market 98

Capital Market Capital Asset Management Business 98

The TRADE

AUGUST 23, 2023

Asset managers have tapped fixed income, equities and exchange traded funds (ETFs) for their greatest market data spend over the next 12 months, according to a new Coalition Greenwich and SIX report published on 22 August.

Asset Management 52

Asset Management Equities Management Trading 52

The TRADE

MARCH 4, 2024

JP Morgan subsidiary Neovest has moved to expand its capabilities in the hedge fund sphere with the acquisition of investment management platform LayerOne Financial. Once integrated, the enhanced Neovest platform will be available to hedge funds in a modular format.

Funds 57

Funds Risk Assessment Investment Manager Broker 57

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

Financial Times - Banking

FEBRUARY 19, 2024

Family office to provide first outside funding for credit asset manager 5C Investment Partners

Asset Management 81

Asset Management Funds Management Investment 81

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 110

Funds Finance Finance Trading 110

The New York Times: Banking

MAY 18, 2024

Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.

Asset Management 72

Asset Management Investors Management IT 72

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 117

Trading Asset Management Equities Investment Manager 117

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 109

Trading Asset Management Investment Manager Management 109

Global Banking & Finance

FEBRUARY 6, 2024

Empowering ESG Investment Managers with Standard Methodology Aligned Green, Social, Sustainability, Sustainability-Linked and Transition (ESG bonds or GSS+) finance volumes passed the $4trillion mark in H1 2023, according to the Climate Bonds Initiative (CBI). But how green is green?

Investment Manager 52

Investment Manager Management Investment Asset Management 52

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.

Asset Management 113

Asset Management Trading Equities Acquisitions 113

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 81

Investment Funds Investors Management 81

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

Growth Business

OCTOBER 30, 2023

More than £150m of funding was provided by Yorkshire, Manchester and Merseyside pension funds, while further support was secured from institutional investors including British Patient Capital (part of the British Business Bank) and Lansdowne Partners.

Securities 87

Securities Investment Funds Investors 87