Financial Times:Kevin McPartland said: “It’s an encouraging step forward for the US Treasury market, although many are still left wanting levels of transparency more in line with other regulated markets.”
Bloomberg: “It is only a small iteration from where we are today,” said Kevin McPartland. “The additional transparency I think will be welcomed by most, but many market participants were left wanting more.”
Financial Times: "Their stance is much more measured, going back to their roots of being more guarded," said Gaurav Arora.
Bloomberg: Completing the regulated custody “does add another layer of legitimacy to the market,” said Richard Johnson.
CTMFile: In the months covered in the Greenwich Associates 2019 US Fixed-Income Investors Study, the proportion of secondary investment-grade credit volume trading over e-channels was in the 25-28% range, while high yield hovered in the low teens.
The Trade News: The partnership with Bloomberg could involve a wider range of mutual clients, due to the fact that AIM is the most-used OMS by asset managers, according to research from Greenwich Associates.
ETF Trends: This recognition follows Citi’s top share and quality accolades in the 2018 Global Fixed Income study also conducted by Greenwich Associates and released earlier this year.
ETF Trends: “The intersection of ETF adoption and continued growth of alternatives could lead to a transformation of alternative investments in institutional portfolios,” Andrew McCollum said.
Financial Times: Total commissions paid by US fund managers, covering both research and trading, came to almost $8bn last year, according to Greenwich Associates, down from a peak of $14bn in 2009.
Finextra: The 2019 list of Greenwich Share Leaders in European Trade Finance remains a strictly European affair, with BNP Paribas in the top spot, followed by UniCredit and then a tie between HSBC and Deutsche Bank.
