Liontrust’s chief commercial officer and former head of trading, Matt McLoughlin, left the UK-based asset manager after 10 years, The TRADE revealed. His departure followed news broken by The TRADE in January that Liontrust was exploring outsourcing its trading to BNY. McLoughlin originally joined Liontrust in 2015 as a senior trader before working his way up through the ranks to become head of trading in 2016. He assumed his most recent role as chief commercial officer in 2023, responsible for overseeing the development of commercial strategies of the Group as well as maintaining oversight of the trading desk.
During his tenure, McLoughlin co-led a redesign of the firm’s operating model, integrating a cloud-native data architecture while automating a significant portion of multi-asset execution, and implementing an upgraded trading and investment platform.
Industry stalwart McLoughlin has an extensive career history in trading, having previously served as a global equity and derivatives trader at Legal & General Investment Management (LGIM) for a year and as a senior trader at RAB Capital for five and a half years. He currently serves on the board of directors at Plato Partnership. McLoughlin was recognised as one of The TRADE’s Rising Stars of Trading and Execution in 2016. Under his stewardship, Liontrust was awarded The TRADE’s Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year in 2022 and 2017 respectively.
During McLoughlin’s time with Liontrust, the asset manager grew from $4 billion in AUM to a peak of $50 billion across a global, multi asset platform – he also co-led a redesign of the firm’s operating model, integrating a cloud-native data architecture, automating its multi-asset execution, and implementing a new trading and investment platform.
Fidelity International’s head of debt capital markets for EMEA, Stephen Whyman, is set to leave the buy-side firm, as revealed by The TRADE can reveal. According to an update on his social media, Whyman is leaving Fidelity after seven years to pursue another “entrepreneurial path”. Whyman has been with Fidelity International since 2018 where he joined as a senior fixed income trader.
He assumed his most recent role as head of debt capital markets for EMEA in 2022. He originally joined Fidelity from BlackRock where he had been operating as an emerging markets fixed income trader. Previously in his career, he also spent three years at ABN AMRO N.V in emerging markets roles and two and a half years at Bear Stearns International Trading.
“Leaving Fidelity has been one of the hardest decisions I’ve made, but I feel the time is right to pursue a more entrepreneurial path outside of the company. I am deeply grateful for the opportunities I’ve had whilst here and I hope I can find similarly rewarding challenges outside,” he said in his update. The new entrepreneurial path is unconfirmed.
Mark Turner has joined Liquidnet as managing director, co-head of sales and trading, Americas.
He joins from Instinet where he had worked for 32 years, most recently as MD and co-head of sales and trading, Americas. New-York based Turner joins the firm as it continues with its global expansion. Instinet declined to comment when approached by The TRADE.