Buy-Side

Hosted at The Savoy, London, this year's Rising Stars of Trading and Execution brought together some of the asset management community's best and brightest young talent.

Asset managers have expressed concerns that the CSDR mandatory buy-in regime will impact liquidity and increase costs.

Intense competition for trading talent and client pressure on fees sees industry veteran Louis Bacon shut three flagship funds.

Jennifer Johnson, chief operating officer at Franklin Templeton, will assume the role of chief executive in February.

Investec Asset Management will become Ninety One upon its demerger and dual listing in London and Johannesburg.

Buy-side software specialist INDATA unveils cloud- and web-based data aggregation tool aimed at helping investment firms get to grips with their data.

Goldman Sachs Asset Management has launched three smart beta ETFs with SIX Group.

GAM has hired Steve Rafferty who spent 16 years with BlackRock, most recently as global COO for fixed income.

Andreas Utermann has been chief executive officer at Allianz Global Investors since March 2016.