Buy-Side

The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.  

Peter Harrison has urged asset managers to open dialogue with struggling companies, as ‘creative’ solutions to coronavirus events will only be found through human interaction.

Report from Greenwich Associates found that technology spending on buy-side trading desks increased slightly by 4% year-on-year.

Charities globally, including food banks, will gain support from BlackRock as it says companies everywhere face ‘stark test’ amid coronavirus pandemic.

Credit Suisse has burst onto the ETF scene after several years, with five ETFs listed at SIX Swiss Exchange.

Regulators in the UK, Italy, Spain and France have all restricted short selling activity amid massive equity market declines.

Neil Dacey, head of trading at Genesis Investment Management, has joined the Northern Trust trading desk to oversee emerging markets as part of the deal. 

Latest agreement follows Liontrust’s move to outsource its fund services operations to BNY Mellon in 2018.

Upon closure, Franklin Templeton and Legg Mason will establish $1.5 trillion asset management entity.