The big shocks hitting portfolios in 2022
Portfolio managers have some very large events to consider, along with many more nuanced side-effects.
At the beginning of the year, rising inflation and interest...
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)....
E-trading boosts efficiency not liquidity in Japan’s buy-and-hold bond market
Japan’s bond market has long been seen as voice-heavy, with established traditions of relationship-based trading and an aversion to electronic, less personal alternatives. However,...
Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
MiFID II has fallen short on transparency say traders
MiFID II has fallen short on transparency and will potentially create tiered access to market information, says Juan Landazabal, global head of fixed income...
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
State Street issues $1 Billion of senior debt
State Street has issued $1 billion in aggregate principal amount of senior debt. The offering, which closed 20 August, was structured in line with...
FILS 2024: Opportunities in EM – but some dispute over diversification
Despite growing concern over military conflicts, emerging markets, being a broad swathe of geographies offer a range of potential investment opportunities, if you know...
Citi names Tokiya Kishie head of markets in Japan
Citi has appointed Tokiya Kishie as head of markets in Japan, effective 1 October.
Kishie will report to Paul Smith, head of markets for Japan,...
SEC creates unit to tackle emerging risks
The Securities and Exchange Commission has created the Event and Emerging Risks Examination Team (EERT) in the Office of Compliance Inspections and Examinations (OCIE)....
Utility mooted to reduce data onboarding friction
While data has become more abundant across the fixed income ecosystem, making it useful remains a major challenge.
“Some of our desks manage hundreds of...
Trading: Regulatory overreach onto the trading desk
Complaints about regulators expanding rules for equity markets into fixed income are rising on both sides of the Atlantic.
The Securities and Exchange Commission (SEC)...