Battle for the trading desk: revisited webinar – Q&A
Participants in The TRADE and Global Custodian's recent outsourced trading webinar answer some of the questions from the audience.
Participants in The TRADE and Global Custodian's recent outsourced trading webinar answer some of the questions from the audience.
Northern Trust will be responsible for the $12bn asset manager's equity and fixed income trading, as well as its middle-office trade settlement support.
COVID-19 crisis is accelerating outsourcing among asset managers who face a myriad of additional challenges such as competition, fee pressure and regulation.
Cowen has hired a former prime services executive from Morgan Stanley, JP Morgan and Cantor Fitzgerald to boost its New York sales team.
The survey of 300 global asset managers found 85% have outsourced or are interested in outsourcing their trading desk.
Northern Trust will also support Sancta Capital’s trading programme through its outsourced agency-only brokerage service.
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.