Liontrust exploring outsourced trading arrangement with BNY
According to a trading update seen by The TRADE, the asset manager is exploring “deepening” its existing strategic relationship with BNY through outsourcing trading outside of the UK.
According to a trading update seen by The TRADE, the asset manager is exploring “deepening” its existing strategic relationship with BNY through outsourcing trading outside of the UK.
The TRADE counts down from 10 to eight of the most read news stories on The TRADE over the past year, featuring FIS, Torstone Technology, Citadel, Goldman Sachs Asset Management, and BNY.
The move will consist of outsourcing the firm’s global, emerging market, European and US equity market index funds.
Northern Trust will support Nedgroup Investments with its new fixed income platform through its Integrated Trading Solutions (ITS) offering.
The partnership will give Stifel’s institutional client base access to Marex’s multi-asset class custody, financing, securities lending, and capital introduction offerings.
The TRADE sits down with Rebecca Crowe, managing director and chief operating officer at BNY, to analyse how firms are approaching the ongoing outsourcing discussion, including how structural decisions are being made and how future moves in the space could manifest.
Over a third of respondents recognise the value of complementing their current trading processes with outsourced platforms “under limited circumstances”, according to report, up significantly from 2020.
Shortlists are based on The TRADE’s inaugural Outsourced Trading Survey; winners announced during The TRADE’s flagship Leaders in Trading awards ceremony on 8 November.
New survey on burgeoning sector will offer in-depth insight into outsourced trading and deliver service provider ratings so clients can differentiate the services on offer.