Net inflows reach 4.3% for 2017 during banner year for the industry but fees continue to fall as profits are squeezed.
Fixed income participants agree legislation has created a less competitive environment and led to the rise of the ‘defensive merger’ on the buy-side.
The new account structure will allow buy-side clients to post collateral directly with the clearing house.
Latest asset management review from the FCA stands by plans to impose a single all-in fee to improve transparency and competition.
LCH seeks to grant wider clearing access to buy-side CDS traders, a move which could boost liquidity.
With the departure of Stephen Grady, LGIM's global trading operations will be split across senior traders in London and Chicago.
ITG survey finds buy-side want more outcome-focused reporting algos.
The delay will help ease fears among buy-side firms, many which were reportedly nowhere near ready to comply with the 1 March go-live.
Asset managers have barely completed the re-write of collateral exchange agreements for the incoming variation margin rules.
Survey finds 38% of buy-siders are not confident of being ready for 3 January 2018 unbundling deadline.