Man Group hires from TT International for senior trader
London-based appointment brings prior buy-side to the new role, and has also previously worked at firms including Jupiter AM, Manulife Investment Management and BNP Paribas AM.
Buy-Side
AI randomness and non-determinism keep humans firmly in the trading seat, buy-side leaders insist
Speaking at the Fixed Income Leaders Summit on Wednesday, asset managers urged caution, stressing that “AI is effectively a tool while automation is an objective” and that the industry must balance AI adoption with robust governance and human judgement in the face of unpredictable outputs.
Fixed income markets settling into ‘Goldilocks’ sweet spot
Liquidity provision has been on the up in fixed income markets, however, as more options to access liquidity open up, choice also comes with challenge, agreed Fidelity’s Lars Salmon and BlackRock’s Nisha Pindoria Brown speaking at the Fixed Income Leaders Summit on Wednesday.
TRADE Talks: MUFG Asset Management’s Hiroyuki Higuchi
The TRADE catches up with Hiroyuki Higuchi, head of fixed income and currency at MUFG Asset Management, following his keynote speech at the Fixed Income Leaders Summit, to explore how geopolitics is reshaping fixed income strategy, how the desk separates short-term noise from structural shifts, and the risks most likely to drive volatility over the next 12 months.
BlackRock expands Aladdin’s FX capabilities with deeper BidFX integration
The move is set to connect portfolio activity, pricing, and execution more efficiently, according to BlackRock.
Institutions face steep data cost rises as vendors overhaul pricing to account for AI, Substantive Research report reveals
Twelve major data vendors are preparing new pricing structures for 2027; “The frustration is when clients are effectively forced into those models because legacy products are being replaced, leaving them with higher costs whether they want the new functionality or not,” Ninety One’s Jane Fenton tells The TRADE.
Traders’ tech stacks: ‘Not an information overload problem, an information consumption problem’
As the volume of data and technology booms across the industry, panellists at the Fixed Income Leaders Summit on Tuesday emphasised that traders are increasingly battling issues with implementation rather than selection when it comes to their technology providers.
‘Never underestimate the power of human connection’
Royal London Asset Management’s head of trading and execution analytics, Kevin Flood, has experienced the evolution of the modern trading desk first hand. As technology, data and automation continue to reshape execution, Claudia Preece sits down with him to reflect on the lessons, turning points and market shifts that have shaped his career – and what comes next for the desk.
Balyasny Asset Management brings Google Gemini into AI research platforms
The integration will allow BAM’s analysts to carry out high-volume document ingestion and complex multimodal financial analysis.
Jefferies VP steps into trader role at Junto Capital Management
New hire initially joined Jefferies in 2018 and worked across electronic and program trading during his time at the firm.