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Jupiter is set to acquire the entirety of asset manager CCLA InvestmentManagement for a consideration of £100 million. CCLA is the largest UK asset manager focused on non-profit organisations, it currently has more than £15 billion AUM and works on behalf of charities, religious institutions and local authorities.
Bloomberg has partnered with Clearwater Analytics to provide a combined front-to-back investment offering for asset owners and asset managers. Laila Mirsepassi The collaboration combines Bloomberg’s investment solutions suite with Clearwater’s accounting solution and is set to support users in managing costs and reducing risk.
BNY Buy-side Trading Solutions Legal & General InvestmentManagement (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.
The first trade in Nasdaq custom basket futures has been made by University of Cambridge InvestmentManagement (UCIM) with a notional value of €80 million. The post University of Cambridge InvestmentManagement makes first trade in Nasdaq custom basket futures appeared first on The TRADE.
MetLife InvestmentManagement (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.
Brown Brothers Harriman (BBH) has expanded its relationship with Japan-based Resona Asset Management to include BBH’s automated third party FX solution, InfoFX. Munenori Yoshihara, BBH The development sees Resona become the first Japanese investmentmanager to implement the FX solution.
We need to take a step back and look at today’s trading desk. By dissecting a trading desk into its functions, processes, and tasks, it becomes clear that 80% or more can be successfully automated with today’s technology – and that figure is just for the front-office, potentially even higher in the middle- and back-office.
Saphyre has partnered with BlackRock to integrate services with the firms end-to-end asset management platform Aladdin. Our partnership with Aladdin represents a pivotal evolution for Saphyre, building on our already extensive network of top-tier investmentmanagers and financial institutions, said Ray Shivers, COO of Saphyre.
Mark Molloy has joined Morgan Stanley InvestmentManagement as a macro trader within the broad markets fixed income team, based in London. He is set to report to Alexander Bouzalis, managing director, and Justin Sham, head of European credit trading. Molloy initially joined as head of corporate actions seven years prior.
Virtu Financial has collaborated with cloud-native investmentmanagement solution provider, Limina to enhance buy-side workflows. The post Virtu Financial partners with Limina to enhance buy-side workflows appeared first on The TRADE.
Nomura Asset Management Mark Molloy has confirmed his departure from Nomura Asset Management, where he most recently served as senior trader. He has now joined Morgan Stanley InvestmentManagement as a macro trader.
Elijah Diallo has joined Vegah Trading as a proprietary trader following his departure from Magellan Capital, The TRADE can reveal. Diallo most recently served as head of trading at the firm, overseeing multi-strategy operations. He was recognised as one of The TRADE’s Rising Stars of Trading and Execution in 2021.
Liontrust Asset Management’strading for investment funds and institutional accounts has been officially outsourced to BNY. John Ions Liontrust announced that it was exploring outsourcing parts of its trading to BNY back in January, with initial plans at the time stated to be covering non-UK activity.
Vicky Mok has joined investmentmanagement firm Millennium as a fixed income trader. Millennium declined to comment. The post Millennium selects hedge fund sales specialist for fixed income trading role appeared first on The TRADE. She confirmed her appointment in a social media announcement.
Clearwater Analytics is set to acquire Enfusion a software-as-a-service (SaaS) solutions provider for the hedge fund and investmentmanagement industry for $1.5 This deal is understood to be a key step toward Clearwaters plan of building the first cloud-native front-to-back platform for the entire investmentmanagement industry.
Natasha Cazenave, ESMA’s executive director, said: “With today’s decision, we are taking a decisive step towards setting up consolidated tapes in the EU.
As part of the integration, OptimX is now a certified sweep partner on Charles Rivers investmentmanagement system (IMS) meaning Charles River institutional clients can now access OptimX liquidity via their desktops.
As capital markets have continued to evolve at a rapid pace – with increased regulatory scrutiny showing no sign of let up – 87% of companies have increased their investment in the cloud over the last two years, according to a recent report by the London Stock Exchange Group.
Jim Kaye, Executive Director at the FIX Trading Community Next year will be the year of preparation. One of the key challenges facing firms is the need for faster and more accurate trade matching. Under the current T+2 cycle, discrepancies in trade details can often be resolved with minimal impact.
Russell Beer has been appointed as a trader covering fixed income emerging markets at MFS InvestmentManagement. London-based Beer brings extensive industry experience to his new role, and was named one of The TRADE’s Rising Stars of Trading and Execution in 2015.
BlackRock equity trading vice president Zachary Goodwin has left the firm to join investmentmanagement firm CPP Investments, The TRADE can reveal. According to an update on his social media, Goodwin joins CPP Investments based in Toronto, Canada after seven years with BlackRock.
Peel Hunt Redburn Atlantic’s head of electronic trading has left the firm to join UK investment bank Peel Hunt, as revealed by The TRADE. He replaces Nishad Vallonthaiel as head of electronic trading. He replaces Nishad Vallonthaiel as head of electronic trading. A spokesperson for Peel Hunt confirmed the move.
What has your journey to the trading desk been like? I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. My day may range from trading liquid US stocks to more illiquid European names.
But, as this massive shift for trading processes looms, it’s time to take a look eastward at what this change for Europe could mean for its APAC counterparties. The cost of being out of alignment There are two ways to look at the APAC conundrum when it comes to Europe’s T+1 shift – the effect on Asia trading in Europe, and vice versa.
Max Wildenberg has joined quantitative and systematic investmentmanager, Qube Research & Technologies. The post Aquis Exchange executive director joins investmentmanager Qube appeared first on The TRADE. His new role covers business development, European equities and futures.
Morgan Stanley sales trading specialist Tracey O’Shea has left the bank to join buy-side firm MFS InvestmentManagement, The TRADE can reveal. She joins MFS InvestmentManagement’s European equities trading team, operating under director of international trading, Jennifer Blanchette.
New York, June 11, 2025 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that at its annual meeting of stockholders on June 5, 2025 (the “Meeting”), the Company’s stockholders voted in favor of, among others, the proposals to amend (i) its (..)
Earlier this week, The Wall Street Journal reported , citing people familiar with the matter, that the Trump administration is working on an executive order that would facilitate 401(k) plans' access to private market investments. Asset managers have already started making inroads into the space. "Mgmt.
Marcus Sheridan has joined investmentmanager Payden & Rygel as a fixed income trader. The post Pimco vice president joins Payden & Rygel as fixed income trader appeared first on The TRADE. Sheridan will be based out of Los Angeles in his new role.
Josh — Earnings season is super annoying for trend-following investment strategies. Josh — Earnings season is super annoying for trend-following investment strategies. When asset values are booming and investors want in, their asset gathering activity picks up and, with it, the investmentmanagement fees. billion, up 15.5%
Legal & General InvestmentManagement (LGIM) equity and foreign exchange trader Jamie Jones is set to leave the firm to join BNY’s expanding outsourced trading refit, The TRADE can reveal. BNY declined to comment on his appointment. Jones has been with LGIM for almost three years, based in London.
But investors lately continue to seek out resilient pockets of the market due to uncertain trade policies and geopolitical tensions, however. Like many investors, Davi — whose firm manages $2.5 The S & P 500 was down 15% year-to-date on April 8, but is now up roughly 6.7% stocks compared to the beginning of 2025.
Harris | Oakmark, a Chicago-based investmentmanagement firm, has gone live with State Streets front-to-back servicing platform Alpha. The post State Street onboards Harris | Oakmark to Alpha appeared first on The TRADE. The second and final phase of the migration is targeted for completion in Q1 2026.
UK-based investmentmanagement firm Waverton has outsourced a portion of its trading to Northern Trust Integrated Trading Solutions (ITS). The deal follows a review by the investmentmanager of its operating model intended to help it better align its structure with plans for product expansion in the future.
Clearwater Analytics is set to launch a new generative artificial intelligence solution aimed at improving the way institutional clients analyse investment data and respond to changing market dynamics. The solution applies to all asset classes and its use cases will vary depending on varying client types, Clearwater confirmed.
For the first time, The TRADE is announcing the 2023 Rising Stars of Trading and Execution ahead of the gala awards ceremony, Leaders in Trading on 8 November. The shortlisted candidates will be handed their award during the Rising Stars of Trading and Execution awards ceremony, taking place as part of Leaders in Trading.
UK-based asset manager Artemis has selected Northern Trust to provide outsourced trading services for its equities and derivatives activity, effective January 2025. Northern Trust will support all trading activity for Artemis’ equity funds under management and all related over-the-counter and exchange-traded derivatives.
Legal & General InvestmentManagement (LGIM) has promoted one of its own to the role of head of US equity and foreign exchange trading, The TRADE can reveal. Gregory Corrigan has been selected to take up the reins for US equity and FX trading after eight years at LGIM.
Lambert joins Fidelity from MFS InvestmentManagement where she spent the last five years, most recently serving as investment officer, fixed income trader. Initially during her tenure at BNY Mellon, she served as an assistant portfolio manager, fixed income.
The TRADE is delighted to reveal the shortlisted nominees for this year’s coveted Buy-Side Awards, in partnership with SIX Swiss Exchange. 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.
Manulife InvestmentManagement is set to acquire multi-sector alternative credit manager CQS for an undisclosed sum with the deal set to close in early 2024. Following close, Manulife is set to align the CQS brand with its own as a co-branded logo – Manulife | CQS InvestmentManagement.
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