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News & Commentary
Content tagged with Asset Management posted in April 2013
Fidelity Focuses on Windows 8 With New Trading App
News  |  4/29/2013  | 
Key features in the app include a U.S. market summary showing quotes for the Dow Jones Industrial Average, NASDAQ Composite Index, Russell 3000 Growth Index.
Survey: How Should We Educate the Next Generation Buy Side Trader?
News  |  4/25/2013  | 
With the faster and more complex electronic markets, what is the future skill set needed for the buy side trader?
Who Was Really Behind The Twitter Hack That Wiped Out $136 Billion?
News  |  4/25/2013  | 
While the Syrian Electronic Army claimed responsibility for the attack, the FBI, SEC and CFTC are now investigating the hack.
BlackRock Strikes Alliance with MarketAxess for Corporate Bond Trading, Scraps Plans for ATN
News  |  4/24/2013  | 
The money manager is partnering with MarketAxess to seamlessly integrate its fixed income trading portal with BlackRock's Alladin system to source liquidity in corporate bonds, while nixing plans for its own buy-side crossing network.
Negative Sentiment Create Headwinds for Apple
Commentary  |  4/23/2013  | 
As Apple's valuation continues to slide, investors wonder if there is an upside for the technology pioneer's stock price.
Mandara Capital Deploys Tbrick's Hosted Trading Service
News  |  4/22/2013  | 
A hedge fund specialist in crude oil and derivatives, Mandara Capital chose Tbrick's futures trading platform, powered by S&P Capital IQ's Quantlink and QuantFeed, to improve speed and to support inhouse development.
State Street's Q1 Revenues Up 1% As FX Trading Volumes Rise
News  |  4/19/2013  | 
The financial services company cited strength in equity markets, combined with higher volumes in foreign exchange trading, supported by fee revenues.
Wells Fargo Slashes Money Manager Programs, Angers Brokers
News  |  4/19/2013  | 
Meanwhile, the number of investors pulling money out of hedge funds levelled off last month.
Patent Issued to RealTick EMS for Staging of Electronic Orders
News  |  4/18/2013  | 
The U.S. patent was issued to Eze Castle Software Group for proprietary technology in RealTick EMS that allows traders to stage electronic orders in a neutral account without committing to a specific broker.
Estimize's Data Licensing Deal with Bloomberg Validates Social Finance
Commentary  |  4/18/2013  | 
The crowdsourced earnings estimates platform agreed to license its data for display on the respected Bloomberg Professional service, which is a sign that social finance is a growing trend.
Banks Must Focus On IT Employee Engagement, Not Just Compensation
News  |  4/18/2013  | 
Over 1,000 banking and securities IT staff and managers who responded to the InformationWeek 2013 U.S. IT Salary Survey examining their views on compensation, job satisfaction and other workplace-related trends.
Linear Investments Selects TradingScreen's TradePrime
News  |  4/17/2013  | 
Hedge fund manager Linear Investments picked the multi-asset EMS, integrated with position management and OMS functionality, compliance and risk, all delivered via the cloud.
Corporate Bond Market Needs Price Discovery Overhaul —Report
News  |  4/16/2013  | 
As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
The End of Dimon, Blankfein & Co
News  |  4/16/2013  | 
It’s “proxy season” again, that time of year when shareholders, at least lately, have been shaking things up.
Bloomberg Adds Advanced Features To Anywhere App For iPad
News  |  4/15/2013  | 
More than half of Bloomberg Anywhere users access the Bloomberg Professional service on mobile applications.
Electronic Trading of FX Jumps in Asia from 38% to 45% — Report
News  |  4/15/2013  | 
Despite a slight slowdown in global FX trading activity last year, large numbers of institutions and companies in the U.S., Europe and particularly in Asia continued to adopt e-trading, according to Greenwich Associates research.
Global PC Sales Go From Bad to Worse
News  |  4/12/2013  | 
PC sales have declined at a faster rate than expected throughout the world, according to a new Gartner report.
Paulson Eyes New Hedge Fund for Tax Exiles
News  |  4/12/2013  | 
Wounded by huge losses and some staggering tax bills, Paulson eyes new fund to help other tax victims. Plus, funds attract $11B in February and the SEC seeks a hedge fund budget boost.
Barclays Unveils Automated Capital Commitment for Algo Trading
News  |  4/12/2013  | 
The feature —available for equity algorithmic trading — allows buy-side clients to gain access to liquidity while transferring risk and lowering the cost of execution on each algorithmic order.
So You Want to be a Billionaire?
Commentary  |  4/12/2013  | 
Founders of iBillionaire are offering a free mobile app to track the equity holdings of Warren Buffet and hedge titans like David Tepper based pulling data from their SEC filings. But, is this misleading the masses?
Are Banks Using Social Media Effectively?
News  |  4/5/2013  | 
Wall Street firms are increasingly using social media to communicate with customers and to make trading decisions. But is it working?
Corzine Lit Matches for MF Global Meltdown: Report
News  |  4/4/2013  | 
Former G man Louis Freeh’s report on the spectacular meltdown of MF Global is out - and Jon Corzine does not get off easy.
Bloomberg Integrates Live Twitter Feeds With Financial Platform
News  |  4/4/2013  | 
Bloomberg Professional service says it is the first financial information platform to give investors the ability to incorporate tweets into their decision-making process.
Over 80 % of Investment Managers Grapple with Cost of /Benchmark Data —Survey
News  |  4/4/2013  | 
A survey of 51 investment managers by RIMES, a financial data provider, found that index and benchmark data has become "integral" to a number of buy-side department but that cost is difficult to manage.
Worldwide IT Risk Spending Slows Down More Than Expected
News  |  4/3/2013  | 
As the memory of the financial crisis begins to wane and firms’ new, improved risk management practices become operational, worldwide IT risk spending is slowing at a faster rate than previously expected.
Spurred By Bonuses, Hedge Fund Traders Feel Pressure to Break Rules
News  |  4/2/2013  | 
A survey reveals the depressing state of a hedge fund trader’s mind: They’ve seen misconduct, would break rules to get ahead and doubt the SEC can do anything to fix the industry.
Estimize Looks to Tap the Wisdom of the Buy Side Crowd
Commentary  |  4/2/2013  | 
An Internet startup is challenging the traditional Wall Street earnings estimates model by reaching out to asset managers and hedge funds to build a buy-side consensus.

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