HSBC continues to lead the way in the Asian fixed income trading by holding an 11.8% market share according to a report by Greenwich Associates.
The share of investment-grade notes that trade electronically has doubled in two years and now makes up 20 percent of total market volume, according to Greenwich Associates. About 75 percent of U.S. bond investors have traded some company bonds...
“While trading large blocks of corporate bonds is still no walk in the park, any easing of this burden should be seen as a step in the right direction,” said Kevin McPartland, head of market structure and technology research at Greenwich Associates...
"The rest of the world is starting to see a decline in their fixed-income staff numbers -- layoffs, layoffs, layoffs," said Peter Kane, Greenwich Associates consultant in Toronto, who works with Canada’s bank-owned bond dealers. "Canada’s one of the...
“This shows ICBC’s ambitions to grow their franchise as a global player," said Singapore-based Gaurav Arora, head of corporate and institutional banking for India at Greenwich Associates. "This also suggests a fundamental shift in strategy to serve...
Managers confront effects of regulations and evolving prime broker relationships.
“Blockchain could work for FX," said Mr. Connell, “but you'd really have to think about all the implications. Would it be a public blockchain with proof of work?
“Increasingly, the asset managers are giving a deeper level of advice to clients,” said Andrew McCollum. “At the same time, consultants are stepping on the toes of the asset managers in adding discretion (through OCIO). So the challenge will be...
Asset management firms are expected to hand out 5 percent less compensation to their traders and fund managers in 2015 from year-ago levels as recent market volatility has hurt investment returns.
Compensation may fall 5% in 2015, Greenwich Associates and Johnson Associates report.
