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Jupiter is set to acquire the entirety of asset manager CCLA InvestmentManagement for a consideration of £100 million. The post Jupiter to acquire CCLA InvestmentManagement in £100 million deal appeared first on The TRADE. The deal will be funded entirely from existing balance sheet cash resources.
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.
Specifically, the offering is expected to eliminate challenges of manual processes and data inconsistencies, and clients will also have access to functionalities including turnkey managed integration, enhanced OTC management, integrated cash management and consistent position and trade data exchanges. The firms have said that the new solution meets (..)
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.
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.
Trading-focused ESG network Sustainable Trading is set to close its doors in the coming months, three and a half years after its launch, The TRADE can reveal. Members voted for closure at its general meeting on 17 July following a recommendation from the board. His next venture is unconfirmed.
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. The post BlackRock to streamline Aladdin operations through Saphyre tie-up appeared first on The TRADE.
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.
Munenori Yoshihara, BBH The development sees Resona become the first Japanese investmentmanager to implement the FX solution. The solution provides support for FX orders across multi-custodian accounts and covers both freely traded markets and select restricted markets.
The post People Moves Monday: JP Morgan, Susquehanna, Canaccord Genuity, and more… appeared first on The TRADE. Previously in his career, he also served as a senior business analyst in equities at Credit Suisse, working in locations including London, New York, Singapore and Pune.
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.
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.
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.
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.
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.
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.
Previously in his career, he has held positions across investment portfolio and investmentmanagement teams at SVS Securities and State Street. Prior to this, he worked at Winterflood Securities for more than eight years within the firm’s UK equities market making division as a UK equities dealer.
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.
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.
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.
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.
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.
He has now joined Morgan Stanley InvestmentManagement as a macro trader. He served as a managing director at the firm, based out of New York. The hires also include Hillary Budds, who has been appointed as head of US crossing.
Shares of the investmentmanagement company have gained about 22% over the past three months. In addition, director Fabrizio Freda offloaded 4,400 shares at an average price of around $1,120 apiece. That makes for a total of $4.98 The sale reduced Freda's holdings by 56%. per share, bringing the sale total to $11.62 million.
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.
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.
per share) Stock Chart Icon Stock chart icon Global Payments in 2025 Activist: Elliott InvestmentManagement Ownership: n/a Average Cost: n/a Activist Commentary: Elliott is a very successful and astute activist investor. times multiple Global Payments trades at. Stock Market Value : $19.98B ($81.93 times EBITDA versus the 6.5-times
And I think you're going to see that continued benefit as you go into June," Niles, the founder of Niles InvestmentManagement, said Friday morning on CNBC's " Squawk on the Street." It grew 2% faster than it did in the December quarter.
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.
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 The asset management giant is "best positioned" as it has a substantial presence in the retirement plan space – accounting for more than $1.7 BlackRock has also made several recent acquisitions of alternative asset managers, including Global Infrastructure Partners and credit investmentmanager HPS Investment Partners.
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 (..)
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.
Josh — Earnings season is super annoying for trend-following investment strategies. The potential for both positive and negative surprises is higher, which can lead to reversals in trend and gappy trading before and after the opening and closing bells of trading. It can be a minefield. billion, up 15.5% year-over-year.
Marcus Sheridan has joined investmentmanager Payden & Rygel as a fixed income trader. He has also previously held senior associate and associate positions covering portfolio management at Pimco. Payden & Rygel had not responded to a request for comment at the time of publication.
per share) Stock Chart Icon Stock chart icon Equinix shares in 2025 Activist: Elliott InvestmentManagement Ownership: n/a Average Cost: n/a Activist Commentary: Elliott is a very successful and astute activist investor. Stock Market Value : $75.53B ($771.75
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.
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