Execution moving beyond compliance in post-MiFID II world
The TRADE’s 2018 Execution Management Systems survey shows that for buy-side firms, trading efficiency will always come first.
Buy side
Fidelity Investments unveils dedicated crypto trading and custody business
New business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies.
Competitive pricing dominates buy-side ETF counterparty selection decisions
Research from Jane Street shows that buy-side firms look for competitive pricing when choosing a counterparty to trade ETFs.
Schroders makes investment in FinTech programme member Qwil Messenger
Asset manager takes minority stake in first start-up to join Cobalt in-residence programme.
Aviva Investors appoints head of US equities
Aviva Investors names Susan Schmidt head of US equities as it continues to build out the equities business globally.
Northern Trust launches buy-side outsourcing trading service
The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.
BNY Mellon reveals new name for $550 billion US buy-side business
Newly combined US asset management business consists of three of BNY Mellon’s largest buy-side divisions.
Investment Association targets diversity with female board appointments
With the appointment of four buy-side executives to the board at the Investment Association, female representation has almost doubled.
Asset managers raise concerns about over-reliance on tech vendors post-MiFID II
Panel at InvestOps in London discussed the potential for over-reliance on RegTech firms to comply with MiFID II.
State Street’s Charles River deal appears to have struck a chord with asset managers
Operations executives at asset managers discuss State Street’s front-to-back offering following the acquisition of Charles River.