Former BlackRock fixed income operating chief named COO of GAM
GAM has hired Steve Rafferty who spent 16 years with BlackRock, most recently as global COO for fixed income.
Buy side
Allianz Global Investors chief executive to retire at the end of the year
Andreas Utermann has been chief executive officer at Allianz Global Investors since March 2016.
Rising Stars 2019: Ottewill, Sweeney, Bauer, Jenkins & Barclay
The TRADE profiles its Rising Stars of Trading and Execution 2019, concluding with Adam Ottewill, Colleen Sweeney, Markus Bauer, Alex Jenkins and Sam Barclay.
Traders call on stock exchanges to shorten market hours in Europe
AFME and the Investment Association are requesting shorter market open hours to improve culture and diversity in the industry.
Rising Stars 2019: Garcia, Bukogiannis, Karsan, Cole & Vaughan-Jones
The TRADE profiles its Rising Stars of Trading and Execution 2019, continuing with Maria Garcia, Christopher Bukogiannis, Sonal Karsan, Jimmy Cole and Sam Vaughan-Jones.
Rising Stars 2019: Sueng, Broughton, Nutting, Lucas & Welsby
The TRADE profiles its Rising Stars of Trading and Execution 2019, continuing with Arline Sueng, Leo Broughton, Charlotte Nutting, Anthony Lucas and Peter Welsby.
Market structure changes to shake up repo trading
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
Rising Stars 2019: Corbyn, Baker, Fahey, Lilley & Bookatz
The TRADE profiles its Rising Stars of Trading and Execution 2019, starting with Rikki Corbyn, William Baker, Liane Fahey, John Lilley and Jack Bookatz.
Hedge funds preparing for the machines to take over
Use of AI among hedge funds becoming a necessity to analyse data, predict corrections in supply and demand imbalances, and forecast market movements.
Hedge fund Ardevora to shut trading desk and outsource execution to Northern Trust
Ardevora Asset Management will shut its internal trading desk as of April next year with head of trading, Neil Bond, expected to leave around the same time.