Tag: asset managers

asset managers

And Finally…

It’s an interesting question to be asked, “why do you dislike customers so much?” I was asked just that when talking with someone (obviously a regular reader!) last week and it prompted a degree of introspection on my part before I answered confidently (is there any other way?), “No”. There is no argument from me […]

State Street Research Finds Investors Happy with Managers

New research by State Street reveals that irrespective of the market dynamics created by the Covid-19 pandemic, 74 percent of institutional investors in Europe, remain confident in the ability of their asset manager to navigate the crisis. Unsurprisingly, the volatility caused by the crisis has damaged the ability of 66 percent of European investors to […]

And Finally…

Albert Einstein is often alleged to have said, “The definition of insanity is doing the same thing over and over again and expecting different results.” I say allegedly, because it is claimed in many circles that he never actually uttered, or wrote, those words. No matter, for this column is about the Einsteins in the […]

State Street Unveils CLS Solution

State Street has announced that it is collaborating with CLS to provide asset managers with a consolidated view of CLS Settlement information across their accounts for the first time. The collaboration will combine TradeNeXus, State Street’s electronic post-trade processing service, with CLS’s post-trade monitoring and reporting tool, CLS Trade Monitor, allowing asset managers to efficiently manage […]

FCA Publishes “Dear CEO” Letter to Asset Managers

UK regulator, the Financial Conduct Authority (FCA), has published a “Dear CEO” letter to asset management firms, urging them to prepare for the end of Libor “now”. In the letter from Nick Miller, head of asset management supervision at the FCA, it stresses that UK authorities have been clear that the intention is that Libor […]

Citi Hires Custody and Fund Services Head

Mark Ersser has joined Citi’s custody and fund services business as the head of client reporting product for EMEA. In this role, he will drive the product expansion of Citi’s middle office client reporting solution for its asset manager clients. He will be based in London and report to Paul Kilcullen, head of custody and […]

And Another Thing…

Today’s column is dedicated to the Swiss National Bank for its ineptness five years ago yesterday, which changed the foreign exchange industry forever and gave this column literally months worth of ammunition. The SNB is a signatory to the FX Global Code, so given the guidance on disruptive actions, I wonder how it would handle […]

2019 Profit & Loss Readers’ Choice Awards

More than 3,000 votes were cast in this year’s Profit & Loss Readers’ Choice Awards, which created strong competition throughout the categories. For the first time categories for cryptocurrency markets were introduced and proved to be very popular, alongside the more traditional categories. Here then, are this year’s winners: Best Market Maker (Major Currencies) JP […]

In the FICC of It

In this week’s podcast Colin Lambert is keen to find out more from Galen Stops about a new peer-to-peer FX platform being created, we’re not sure but this interest may stem from his recent statement that anyone who thinks the concept could work lives in “Narnia Land” This week’s episode also takes a look at […]