State Street confirms CF Global acquisition
Deal, first revealed by The TRADE in February and expected to close by end-2023, will bump State Street into the ranks of outsourced trading giants such as Northern Trust and UBS.
Tag: CF Global
M&A
State Street set to acquire outsourced trading firm CF Global
A deal would place the custodian alongside the likes of Northern Trust and UBS, which both also boast strong custody and outsourced trading units and subsequent synergies.
Buy-Side
Outsourced trading: The future of the buy-side desk?
With an increasing number of buy-side firms turning to outsourced trading providers in recent years, Hayley McDowell finds out how providers really operate and differ from agency brokers, and examines what benefits opting for outsourced execution can offer to the asset management industry.