Institutional Investor: It’s not just the markets that went volatile this year. Asset manager paychecks will also vary “widely” in 2018, according to a new report by Greenwich Associates.
Business Insider: Overall compensation for equities-focused traditional asset managers is expected to average around $710,000 this year, compared to $490,000 for fixed income-focused managers, according Greenwich Associates.
eFinancial Careers: U.S.credit trading market is dominated by Goldman, Citi and J.P. Morgan, with Deutsche ranking outside the top five for U.S fixed income trading according to Greenwich Associates.
eFinancial Careers: Working on the buy-side can obviously be highly lucrative, though not all roles are created equal according to Greenwich Associates.
MarketsMedia: Kevin McPartland said in the report that 70% of US investors are trading emerging market fixed-income products electronically, about 14% of the notional volume traded.
Euromoney: As Greenwich Associates says, ‘success will be defined as ‘almost’ capturing the same revenue as in pre-Mifid II times’.
MarketsMedia: William Llamas said, “With the massive decrease in 2018, the worst is likely over. However, given the smaller research pool, investment banks and other providers will continue to fight for every last dollar, and success will...
Investment Europe: The recent Greenwich Associates paper on The Evolution of Equities Sell-side Execution Technology delved more deeply and found that, despite the hype, the overwhelming majority of firms questioned still operate separate...
Traders: “As a result, the business is dominated by the largest banks that are willing to take on risk and have the resources to maintain sophisticated electronic platforms,” says Jay Bennett.
Markets Media: According to a Greenwich Associates report, of $487 billion in U.S. Treasuries that trade daily on average, 69% is executed electronically.
