A week on from the US’ so-called ‘Liberation Day’, Claudia Preece catches up with traders on both sides of the street to understand the state of play...

Annabel Smith sits down with the winner of the Trader of the Year – Hedge Fund Award at The TRADE’s inaugural Leaders in Trading New York, Conversant Capital’s David Alfred, to explore the role of hedge funds in the changing US landscape post-election, unpack his journey to the trading desk, and share advice for those starting out in his field.

Annabel Smith explores the growth of bilateral trading volumes in European equities, unpacking how the ascension of this increasingly complex segment could impact future liquidity and if it’s something regulators will assess further.

Annabel Smith sits down with head of US trading at Legal and General Investment Management (LGIM), Ryan Raymond, to explore the nuances of the US market in light of changing central bank policy and the upcoming election, his journey to the trading desk, and the importance of portfolio diversification in order to be able to adapt quickly.

Annabel Smith sits down with the London-based trading team at emerging and frontier markets trading specialist Ninety One to get the inside track on how the desk fits into the global asset manager’s remit, along with discussing market themes, and the team’s technology wish list.

Wesley Bray explores the impact that new technology and alternative liquidity sources are having on the traditional buy- and sell-side roles.

As outsourced trading gains traction, Claudia Preece delves into what factors make for success in the space, pinpointing some of the main elements influencing the future landscape. As ever-larger players continue to make real moves, costs rise, and expectations placed on providers increase, only those with truly effective offerings will reap success as consolidation continues.

Annabel Smith sits down with Royal London Asset Management’s (RLAM) multi-asset centralised dealing desk to explore its recent structural changes and the value of in-house data capabilities on the desk in light of the current trading environment.

As the industry continues to evolve at an ever-faster pace, spurred by technological innovation, the data revolution, and market structure developments, both traders and portfolio managers (PMs) are wearing increasingly more hats in their quest for success. Claudia Preece examines the current relationship between the two sides and the potential for converging roles in the future.