Buy side

Wells Fargo Asset Management becomes Allspring Global Investments

Allspring Global Investments has officially commenced operations as an independent asset management firm, as a US-based manager with US$587 billion assets under management (AUM)....

Wellington: Internal crossing could have saved US$10-15 million

The Securities and Exchange Commission (SEC) sub-committee the Fixed Income Market Structure Advisory Committee (FIMSAC), has unanimously passed a proposal to support internal crossing...

Chappell lands new trading role for 2020

Brett Chappell, the former head of fixed income trading at Nordea Investment Management, is joining Mariana UFP, a global financial services business in London...

Tabb: Derivatives boosting access to liquidity into 2019

By Pia Hecher. Analyst firm TABB Group reports the number of market participants using corporate bond index futures and bond index total return swaps (TRSs)...

Bond pricing battle shutters Nordic funds

Several Nordic fund managers have been shuttering fixed income funds, mainly in the corporate bond space, to allow them to get prices from banks...

BNP Paribas Asset Management names new head of global trading

BNP Paribas Asset Management has appointed Sophie Lugiez as head of the Global Trading Function (GTF). Based in Paris, Lugiez reports to Rob Gambi,...

Christine Kenny announces retirement

Christine Kenny, strategic project leader and Loomis, Sayles & Company and a board member for Natixis International Funds has announced her retirement after nearly...

FIMSAC: MiFID II shows flaws in ‘equitisation’ of bond markets

By Shobha Prabhu-Naik. Europe’s revamped Markets in Financial Instruments Directive (MiFID II) legislation MiFID II carries ideas from the equity markets into other markets but...