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.
To celebrate International Women’s Day (IWD) 2024, The TRADE sits down with trader at Liontrust Asset Management, Maddy Davies, to unpack her journey to the trading desk, core skills for success as a multi-asset trader, and navigating the current liquidity landscape.
Liontrust’s £96 million offer for GAM Investments was rejected last August following intense discussions amongst stakeholders; Newton Investment’s Paul Markham is set to replace Mark Hawtin upon his departure in May.
Participants across Liontrust Asset Management, BidFX, OSTTRA, and Integral explore the not so silent elephant in the room, T+1 settlement and its impact on foreign exchange, and more.
The winner of the Industry Person of the Year 2023 award will be decided by a live industry vote that will take place at Leaders in Trading on 8 November.
The current GAM board is set to stand down at the upcoming Extraordinary General Meeting (EGM), with new directors to be proposed.
Liontrust conditionally agreed to acquire its Swiss competitor GAM Holding for £96 million in May; shareholders currently assessing the offer.
Acquisition is set to be completed by the fourth quarter and creates a combined asset manager with £53 billion in assets under management and administration.
The past week saw appointments from Liontrust Asset Management, Northern Trust, Millennium and Mediobanca.
Incoming trading deputy will take on additional responsibilities within the team as Matt McLoughlin steps up to the role of chief commercial officer.