Plan Sponsor: PGIM worked with Greenwich Associates to survey 138 DC plan sponsors and found 15% of plan sponsors are using an OCIO manager for their all their 401(k) plan investments.
Global Trade: “For a business that is generally considered stable and rather slow to evolve, large corporate banking is changing fast,” notes Greenwich Associates.
Traders: Easthope will lead the Market Structure & Technology team’s efforts in Capital Markets FinTech and Market Data & Analytics.
Reuters: “Periods of enhanced volatility come in cyclical waves,” he said. “We’ve seen that before.”
Bloomberg: "There were some weeks of chaos in some firms," said Danielle Tierney.
Bloomberg: “Everyone supports standards, but views on what that should include differ,” McPartland said.
Bloomberg: Greenwich says, “success will be achieved only by managers who select the proper strategy and then beat the competition through consistent, superior execution.”
Finextra: “While it is fair to say that some of this is just semantics that market structure nerds like us love to examine, there are real implications (a.k.a. dollars at stake) for how trades are categorized and counted,” says Kevin McPartland...
P&I: PGIM worked with Greenwich Associates to survey 138 DC plan sponsors
Traders: “Further, the winners will be able to offer the broadest access to the most desirable liquidity (as defined by the client) with the most robust service,” Swanson added.
