Buy side wants new tools in primary market tsunami
Several buy-side traders report new primary bond market tools could come online this year in the US, with dealer consortium DirectBooks expected to step...
Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure
Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...
PGIM: Research indicates liquidity event is tail risk with greatest impact
In a survey of 400 senior investment decision-makers at institutional investors in Australia, China, Germany, Japan, the UK and the US with a combined...
Asset managers ‘not investment firms’ under MiFID II?
By Flora McFarlane & Dan Barnes.
Several European investment managers have reportedly claimed that they will not be classified as investment firms under the revised...
ABN AMRO Investment Solutions using BNP Paribas for outsourced dealing
BNP Paribas’s Securities Services business has been selected to provide ABN AMRO Investment Solutions with a range of dealing and middle office outsourcing services....
AXA IM confirms it is offering outsourced trading
AXA Investment Managers has confirmed it has begun to offer outsourced trading to smaller firms.
“Due to the squeezing of margins and the need for...
Denmark FSA investigating bond funds’ double-figure losses
Sources report the Danish Financial Services Authority (DFSA) has launched an investigation into fund losses from mortgage bond holdings, as rising interest rates have...
Three quarters say buy-side main source of liquidity in fixed income
By Flora McFarlane.
Ahead of the November Fixed Income Leaders Summit, WBR research has found 75% of buy-side firms consider the main source of liquidity...
Erik Tham leaves UBS Wealth for MarketAxess
Erik Tham has joined MarketAxess as head of Private Banking, for Benelux and Switzerland, leaving his position as executive director at UBS Wealth Management,...
Concern over data dominates corporate bond discussions
Limited access to data is impeding quantitative analysis of best execution for corporate bonds, leading to a need for more qualitative analysis for many...