Despite tumult in the banking industry across Europe, German middle-market banking has been remarkably stable over the past three years, and all five of the market’s leaders are strongly positioned to win additional business in coming months.
As recently as 2007, the nine leading “bulge-bracket” brokers captured 78% of commissions paid by institutional investors on trades of U.S. equities.
This year, they are claiming only 60%--down a full two percentage points from 2015. Much of the lost share has flowed to mid-sized/regional dealers, which as a group now take home 28% of U.S. equity commissions, up from just 11% in 2007.
Currently, four dealers are ranked closely atop the global FX market In terms of market share. Citi and UBS are statistically tied in first place, while Deutsche Bank and J.P. Morgan are tied for third. Barclays and Bank of America Merrill Lynch are statistically tied, rounding out the top five. These firms are the 2016 Greenwich Share Leaders℠ in Global Top-Tier Foreign Exchange.
Large institutions are shifting trading volume to algorithmic avenues of execution as the overall commission pool remains flat, according to a new study from Greenwich Associates.
Asian institutions are diversifying portfolios and seeking new sources of yield by shifting assets to more narrowly focused investment strategies. The four firms named Greenwich Associates 2016 Leaders in Asian Institutional Investment Management Service Quality — BlackRock, Goldman Sachs Asset Management, J.P. Morgan Asset Management, and Wellington Management—are helping institutions achieve these goals.
Greenwich Associates today announces the strengthening of its Global Investment Management Practice with two key hires and the appointment of new Regional Heads in Asia and Europe.
Financial service firms and technology providers around the world will spend more than $1 billion in 2016 in the race to bring blockchain to capital markets, according to a new report from Greenwich Associates.
Greenwich Associates is increasing the focus of its industry-leading investment management practice to also emphasize custom, strategic advisory engagements.
2015 was a record-breaking year for ETFs as a category, which attracted more than $350 billion in new assets globally. Institutional investors are growing contributors to ETF demand, which has historically been driven by retail investors.
An analysis of our research yielded five key drivers of institutional ETF adoption that Greenwich Associates projects together will generate approximately $300 billion in annual investments by 2020.