“Rather than tracking these items on a granular basis, most firms just rely on the judgement of their portfolio managers and analysts – as expressed through the broker vote – about how much value each research provider contributes to the investment...
The largest U.S. bank by assets took the top prize in this year’s rankings, followed by Citigroup, UBS and Deutsche Bank, according to a global survey of currency users by Greenwich Associates. Last year, Citigroup and UBS tied for first, while...
Kevin McPartland said in the report: “In other words, total notional volume executed via the screen underestimates the impact of technology innovation on the ecosystem.”
“Even in U.S. equity markets, often viewed as one of the most electronic markets in the world, high-touch trading, or single-stock trades routed to a sales trader, still represents the largest execution channel,” said Richard Johnson.
“Banks have become much more judicious in doling out coverage and resources and much more focused on the bottom-line returns that customer relationships generate,”says James Borger. "When analyzing clients, dealers ask, “What products do you use,...
“The bar is really, really high. You have to be perfect and a little bit lucky to pass that bar,” says Christopher Dunn. “The messaging around investment philosophy and process has to be air tight.”
“The exchange-operated opening and closing auctions or ‘crosses’ are becoming an increasingly important part of the trading day, as passive investing continues to grow and traders look for opportunities to execute larger blocks of stock,” wrote...
A recent Greenwich Associates survey notes that 80% of buy-side respondents would like to adopt alternative data as part of their process. In our experience, relatively few have made more than nominal progress.
According to Greenwich Associates, about 9 in 10 investors found that lower liquidity in the investment-grade and high-yield bond markets had some or significant impact on them implementing their investment strategies.
In a new study conducted by Greenwich Associates, “voice” was reaffirmed as an important element to building trust and detecting nuance between trading counterparties.
