According to a recent study conducted by Greenwich Associates, nearly 70% of Canadian institutional investors now employ fixed income ETFs, significantly higher than in the United States or Europe.
"The market isn't doing what anyone expects," says Kevin McPartland at Greenwich Associates. "The Fed raised rates and the 10-year Treasury rate declined, and oil prices remain consistently inconsistent, leaving many out on a ledge."
According to corporate banking and cash management studies by Greenwich Associates in 2015, some 60% of European companies with at least €2 billion in turnover use the bank for corporate banking and 38% for cash management, results that the analysts...
Senior traders in fixed income-focused earned an average of $750k in 2015, according to Greenwich Associates and Johnson Associates figures, where as long-only asset managers paid $510k.
Banks like BNP Paribas may have the opportunity to pick up even more new business in the year ahead, as Greenwich Associates' Miarka believes we may see more treasurers looking to switch.
BNP Paribas has reinforced its lead in European corporate banking, a Greenwich Associates report showed, due to its deal with the retrenching Royal Bank of Scotland Group Plc, which is referring its former cash-management clients.
The institutional investor migration to ETFs has been identified previously in a study conducted by investment consulting firm Greenwich Associates.
A Greenwich Associates research report finds that while spending on fixed income is up, compensation for trading talent carried the day.
The results of theGreenwich Associates 2015 Trading Desk Optimization Study show that the buy side spent an estimated $15.6 billion to fulfill trader compensation and technology expenditures last year. The average budget per desk grew at a similar 4...
Richard Johnson, Greenwich Associates, discusses the results of the firm’s survey of 256 buy-side traders around the world. He speaks with Bloomberg’s Alix Steel on “Bloomberg Markets.”
