MiFID II sees more than 60% of UK-fund managers reduce broker lists
Survey of UK-based fund managers focusing on small and mid-sized companies suggests MiFID II has negatively impacted liquidity and research coverage.
Buy side
BlackRock compliance head appointed risk chief at Janus Henderson
Georgina Fogo will join Janus Henderson as chief risk officer in July this year following the retirement of David Kowalski.
JP Morgan trading team develops machine learning model for equity desk
Asia Pacific equity trading desk at JP Morgan Asset Management is seeking to have 50% of trading flow driven by machine learning by the end of the year.
Miles Kumaresan: Better trading through technology
Miles Kumaresan, head of trading and FinTech at Nordea Asset Management, has brought his technology expertise and experience to tackle the ongoing issue of sourcing liquidity in the bond space through equipping traders with the right tools for the job.
FCA pursues annual ‘value for money’ assessment from buy-side
FCA enforces annual assessment despite concerns around sensitive information and the time frame having been raised.
Senior equity trading veteran at Candriam retires
Christian Somers contributed to major transformation initiatives during his time at Candriam Investors Group.
Global head of fixed income trading at JP Morgan Asset Management departs
Nick Cox will be replaced by Amit Bhuchar who first joined JP Morgan in 2005.
Natixis rebrands asset management business
The €324 billion asset manager will rebrand as Ostrum Asset Management from 3 April, as part of Natixis’ ‘New Dimension’ strategic plan.
Fidelity International backtracks on MiFID II research payments
UK firm to absorb costs of research under MiFID II after opting for CSA/RPA model in October last year.
BNP Paribas Asset Management adds chief data officer
Newly created role established to oversee data management across the investment management firm.