Investment manager is backing an improvement in revenues for the Equity Capital Markets despite suboptimal market conditions causing them to plummet 75% in Europe this year.
The firm plans to build out a global ETF business with an initial set of products expected to launch later this year.
Asset managers concerned that the messaging tools custodians use for the collateral management process are behind the times.
Fragmented nature of European regulatory authorities means a TRACE-style source of fixed income data is unlikely to be replicated in Europe, according to panelists.
Consortium aims to establish universal connectivity standards for industry desktop applications.
Panellists agree the bond market has yet to be fully tested.