Incremental investments in growth areas nearing €70 million over the next three years will be self-funded by re-allocation of resources, said DWS.
The first phase of the partnership will give clients access to real-time prices via Tradeweb’s AiPrice service for 25,000 corporate bonds on the Aladdin platform.
The investment manager said the technology enables it to “proactively resolve unmatched trades before they fail”.
Addition of these new founding members will aid our mission to bring greater efficiency and innovation to all areas of the European equity marketplace, claims partnership.
Incoming equity trader has previously served across Federated Hermes, Woodford Investment Management, BP Investment Management and L&G Investment Management.
Running for its eighth year, the Rising Stars initiative recognises the budding buy-side talents of the institutional trading space.
Incoming trader had been with abrdn – formerly Standard Life Aberdeen – for over 16 years.
New head of trading has been with the asset manager for nearly two decades.
The clearinghouse confirmed the move was to reduce reliance on CCPs outside of the EU in line with regulatory objectives.
Elke Wenzler, head of trading at MEAG, sits down with Annabel Smith to discuss the impact of Russian sanctions on the desk, the liquidity landscape for FX and what’s next for automation and technology.