Upon closure, Franklin Templeton and Legg Mason will establish $1.5 trillion asset management entity.
Formerly Old Mutual, Merian Global Investors deal with Jupiter will form £65 billion UK active asset management powerhouse.
Standard Life Aberdeen’s Keith Skeoch replaces Peter Harrison, CEO of Schroders, as chair of the board at the Investment Association.
ICE Bonds and BlackRock provide automated execution for portfolio trading as protocol continues to rise in popularity with the buy-side.
The latest research from Greenwich Associates reveals traders are not in favour of increased fragmentation, as three exchanges prepare to launch this year.
Corey McBride joins Analyst Hub as chief compliance officer, following eight years with hedge fund Point72.
Buy-side heavyweights join Credit Suisse and Exane BNP Paribas as Plato Partnership’s newest members.
The Investment Association has proposed a more standardised format for FX trade rejections, as brokers currently have no consistent way to communicate this with the buy-side.
Trade associations have said cash bond markets should be excluded from initial rollout of the CSDR buy-in regime until the regulation’s impact on liquidity is fully assessed.
Vanguard, Allianz Global Investors and AXA Investment Managers among the large buy-side firms still not committed to the FX Global Code of Conduct.