Buy-Side

The $7 billion deal is set to close by the end of Q1 2027 and will make Victory Capital one of the largest asset managers in the US.  

New hire joins after nearly three years at HSBC where he most recently served as head of cash equity trading EMEA.  

As nominations for the 2026 Rising Stars of Trading and Execution Awards close today, 17 August, The TRADE revisits the talented individuals recognised across the awards since their launch in 2015.

The past week saw a run of hires across trading desks, including a buy-side head of trading appointment. 

New hire joins after nearly seven years at Berenberg, where he most recently served as an electronic equities trader.  

Behind Nordea Asset Management’s trading team is a culture defined by trust, diverse perspectives and collective accountability. Co-heads of global trading, Rolf Mølkjær and Kasper Folke, sit down with Claudia Preece to share how a collaborative approach - where ideas are challenged and the best thinking wins - has created a dynamic built to perform in increasingly complex global markets.

New hire has also previously worked at Jump Trading, Sun Trading and JP Morgan.  

Co-developed with Anthropic, the new tool will support risk assessment and leverages Millennium’s investment expertise and risk management framework to maintain a balance between human judgement and AI.  

The transaction will integrate UOB’s asset management arm to create a combined investment management business; move boosts AllianzGI’s APAC assets under management to €170 billion.  

The deal is set to close in Q4 2026 and will expand the asset manager’s footprint in Australia, adding approximately $33 billion to the firm’s regional fixed income, broad-cap equities and small-cap equities offering.