Fixed income

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Concluded the First Quarter With an Upbeat Tone Buoyed by Rising Stock Markets

Retrieved on: 
Wednesday, May 1, 2024
Professional Services, Data Analytics, Finance, Asset Management, Banking, Personal Finance, Universe, Corporation, LPR, Consumer, Real estate, St Jude's GAA, International, Federal Reserve, Information technology, European Central Bank, Policy, Bank, Population growth, ECB, Friction, Energy, Federal, MSCI, Growth, Bank of Canada, Weakness, Public utility, Reserve Bank, CAD, Optimism, Health care, Fed, Fixed income, Boj, BOC, RBI, Global Industry Classification Standard, People's Bank of China

The first quarter of 2024 was dominated by macro-economic data flows, with particular focus on inflation and its salient components.

Key Points: 
  • The first quarter of 2024 was dominated by macro-economic data flows, with particular focus on inflation and its salient components.
  • The first quarter of 2024 witnessed some bumpy days in the financial markets driven by uncertainty surrounding the timing of monetary easing.
  • Emerging markets witnessed positive returns for the quarter, but lagged results observed by developed markets.
  • The Canadian Fixed Income market, as measured by the FTSE Canada Universe Bond Index, declined -1.2% for the quarter.

GSR Boosts Executive Leadership with Head of Trading Hire

Retrieved on: 
Wednesday, January 31, 2024
Blockchain, Cryptocurrency, Finance, Asset Management, Web3, Professional Services, Technology, Digital Cash Management, Digital Assets, Money, JPMorgan Chase, Deutsche Bank, Fortress Investment Group, DNA, Emerging market, Machine learning, Fixed income, GSR, ETF, Entrepreneurship, Credit, FICC, Security (finance)

GSR , the global cryptocurrency trading firm and liquidity provider, has appointed Andreas Koukorinis as its new Head of Trading.

Key Points: 
  • GSR , the global cryptocurrency trading firm and liquidity provider, has appointed Andreas Koukorinis as its new Head of Trading.
  • He joins the firm from JP Morgan, where he most recently served as their Global Head of Credit and FICC ETF eTrading.
  • Koukorinis will lead GSR’s trading platform and strategy to serve the firm’s clients consisting of token issuers, institutional investors, family offices and leading trading venues.
  • In his role at JP Morgan, Koukorinis had responsibility for Global Algorithmic Credit Trading, encompassing systematic market making, algorithmic trading in ETFs across Fixed Income, and portfolio trading across corporates and Emerging Markets.

Cohen & Steers Announces Retirement of William Scapell, Head of Fixed Income and Preferred Securities, Effective August 1, 2024

Retrieved on: 
Wednesday, January 17, 2024
Head, Merrill (company), Partnership, Federal, Federal Reserve, Investment, Cohen & Steers, Fixed income, Retirement, Cohen, CNS, Growth, Security (finance)

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that William Scapell, Head of Fixed Income and Preferred Securities, will retire from the firm and investment management on August 1, 2024 after more than 20 years of service at Cohen & Steers and 30 years in finance, including his work at Merrill Lynch and with the Federal Reserve. Elaine Zaharis-Nikas, who currently serves as a Senior Portfolio Manager, will succeed William Scapell and will be promoted to Head of Fixed Income and Preferred Securities, effective April 1, 2024. Mr. Scapell will remain a Senior Portfolio Manager on preferred securities strategies and funds until his retirement.

Key Points: 
  • Elaine Zaharis-Nikas, who currently serves as a Senior Portfolio Manager, will succeed William Scapell and will be promoted to Head of Fixed Income and Preferred Securities, effective April 1, 2024.
  • Mr. Scapell will remain a Senior Portfolio Manager on preferred securities strategies and funds until his retirement.
  • Ms. Zaharis-Nikas joined Cohen & Steers in 2003 as part of the launch of the Fixed Income and Preferred Securities business with Mr. Scapell.
  • As Head of Fixed Income and Preferred Securities, Ms. Zaharis-Nikas will lead the firm's fixed income and preferred securities investments and teams globally.

Arcons onboards Greenwich Investments for SaaS trading & billing systems

Retrieved on: 
Friday, January 12, 2024
Axys, SAN, Partnership, Software as a service, FIX, Fixed income, Moxy, SunGard, Cryptocurrency

SAN CARLOS, Calif., Jan. 12, 2024 /PRNewswire/ -- Arcons Technology, Inc.® announced completion of integration with Clearwater Analytics® for the express goal of enabling client billing, equities and fixed income trading as well as financial information exchange (FIX) integration with SunGard. With this integration, Greenwich can use Arcons' SaaS platform 'Portfolio Edge' for their performance reporting, revenue computation as well as for their day-to-day trading for hundreds of portfolios with a total valuation nearing $500 million.

Key Points: 
  • With this integration, Greenwich can use Arcons' SaaS platform 'Portfolio Edge' for their performance reporting, revenue computation as well as for their day-to-day trading for hundreds of portfolios with a total valuation nearing $500 million.
  • Since we liked using Arcons billing solution, we requested them to provide us a SaaS solution fully integrated with Clearwater.
  • The Arcons team delivered on its promise during our time critical implementation phase with Clearwater," said Heather Sevillano, Director and COO at Greenwich.
  • Nydia Concepcion, head trader at Greenwich liked the Arcons trading solution.

B2C2 Appoints Thomas Restout as Group CEO

Retrieved on: 
Monday, January 8, 2024
Professional Services, Data Management, Technology, Cryptocurrency, Finance, Fintech, Digital Cash Management, Digital Assets, Crypto, Ecosystem, Digital, Natixis, Goldman Sachs, Multimedia, SBI, Acquisition, SBI Group, Growth, Fixed income, Morgan Stanley

B2C2, the leading institutional digital asset liquidity provider, today announces that Thomas Restout has been appointed Group CEO, replacing Nicola White who has left the company.

Key Points: 
  • B2C2, the leading institutional digital asset liquidity provider, today announces that Thomas Restout has been appointed Group CEO, replacing Nicola White who has left the company.
  • View the full release here: https://www.businesswire.com/news/home/20240108543647/en/
    B2C2 appoints Thomas Restout as Group CEO (Photo: Business Wire)
    Thomas Restout was previously EMEA CEO of B2C2.
  • B2C2 Ltd is the parent company of the B2C2 group of companies.
  • Products may be provided by different members of the B2C2 group of companies, depending on the jurisdiction of the client and the regulatory status of the product and/or B2C2 group member.

PPM America Hires Lord Abbett Director To Global Distribution Team

Retrieved on: 
Wednesday, November 29, 2023
Banking, Asset Management, Professional Services, Finance, State Street Global Advisors, Senior, Global distribution system, PPM, Multimedia, Taft–Hartley Act, Lord Abbett, Bond credit rating, Fixed income, Private equity, PPM America, Inc., Asset management, Boston

PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.

Key Points: 
  • PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • Prior to Lord Abbett, Balewicz spent 17 years at State Street Global Advisors in various roles, primarily focused on institutional sales.
  • View the full release here: https://www.businesswire.com/news/home/20231129126794/en/
    PPM America continues the expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • “Greg is an excellent addition not only to the Global Distribution team but also PPM as a whole,” Seaver said.

AllianceBernstein Announces Global Head of Investments

Retrieved on: 
Tuesday, December 12, 2023
AllianceBernstein, AB, Research, Fixed income, EFront Alternative Investment Solutions, Science, Security (finance), Management, Investment, Stock

NASHVILLE, Tenn., Dec. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $696 billion in assets under management, today announced that AB's Head of Equities Chris Hogbin will assume a newly created role of Global Head of Investments, effective January 1, 2024.

Key Points: 
  • NASHVILLE, Tenn., Dec. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $696 billion in assets under management, today announced that AB's Head of Equities Chris Hogbin will assume a newly created role of Global Head of Investments, effective January 1, 2024.
  • Nelson Yu, a 26-year AB veteran with nearly 30 years of global equity markets investment experience, will succeed Mr. Hogbin as Head of Equities.
  • Mr. Hogbin is an 18-year AB veteran who brings extensive experience and a global perspective to this role.
  • In 2019, he was promoted to Co-Head of Equities, becoming Head of Equities in 2020.

Mesirow Institutional Sales and Trading Hires Bob Djorup as Part of Ongoing Growth Strategy

Retrieved on: 
Tuesday, December 12, 2023
CTL, Public finance, ABS, MBS, Real estate, CRA, Bank, CMBS, Fixed income, Capital market, Growth, Investment management, Real estate investment trust, Mesirow

Bob brings more than 20 years of experience in Institutional Capital Markets to the firm.

Key Points: 
  • Bob brings more than 20 years of experience in Institutional Capital Markets to the firm.
  • "I am excited to join Mesirow and contribute to the growth of Mesirow's Institutional Sales and Trading team," said Bob Djorup .
  • "Bob brings specific skills to Mesirow that will enhance our ability to provide high-quality sales and trading solutions.
  • Mesirow Capital Markets advises clients across multiple capabilities that include Institutional Sales and Trading, CTL And Structured Debt, Ground Lease financing, Public Finance, Realty Bridge Equity and Sale-Leaseback Capital.

FIASI and Fordham University Announce 4th Annual Student Research Competition on Sustainable Finance in Fixed Income Markets, Offering Monetary Awards and Conference Recognition.

Retrieved on: 
Tuesday, December 12, 2023
Credit analysis, Research, Student, Fordham University, Fixed income, ESG

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The Fixed Income Analysts Society (FIASI) in collaboration with Fordham University's Center of Research in Contemporary Finance and the O'Shea Center for Credit Analysis and Investment are inviting research applications for the 4th Annual FIASI-Gabelli School Student Research Competition on environmental, social and governance (ESG) focused investing and innovations in sustainable finance. This co-branded competition invites undergraduate and post-graduate students, including non-US doctoral students, to submit their ongoing original research on the topic of sustainable finance in fixed income or related markets.  Although the primary focus of this competition is to encourage student research on sustainable finance and ESG in the fixed income markets, research papers in related markets but still relevant for fixed income will also be accepted. The purpose of the competition is to raise awareness of environmental, social and governance-based principles of investing in the fixed income markets as a research area, address challenges and opportunities associated with the integration of ESG in fixed income, promote the further development of sustainable finance in the design of fixed income investments as well as corporate innovations, and to gain more visibility for and encourage conversations among students, academics, as well as practitioners.

Key Points: 
  • This co-branded competition invites undergraduate and post-graduate students, including non-US doctoral students, to submit their ongoing original research on the topic of sustainable finance in fixed income or related markets.
  • Although the primary focus of this competition is to encourage student research on sustainable finance and ESG in the fixed income markets, research papers in related markets but still relevant for fixed income will also be accepted.
  • Also, the winning papers will be recognized at the FIASI Sustainable Finance in Fixed Income conference scheduled to take place on or about May 1, 2024, in NYC.
  • This year's 3rd Annual Research Competition fielded seventeen research papers.

FlexTrade Hires New Head of Fixed Income Sales

Retrieved on: 
Thursday, November 9, 2023
Asset Management, Professional Services, Finance, Fintech, Senior, Fixed income, Security (finance), Liquidnet

The fragmentation of the Fixed Income market has broadened the adoption of the Fixed Income EMS to tackle challenges such as multiple protocols, liquidity aggregation, price discovery, complex workflows, and to handle their best execution obligations.

Key Points: 
  • The fragmentation of the Fixed Income market has broadened the adoption of the Fixed Income EMS to tackle challenges such as multiple protocols, liquidity aggregation, price discovery, complex workflows, and to handle their best execution obligations.
  • He previously served as a Lead Relationship Manager within BlackRock’s Aladdin business and the Head of Fixed Income Sales U.S. at Liquidnet.
  • He brings a wealth of expertise and insight to our fixed income business and will help us deliver innovative solutions that match the unique needs of the fixed income desk.
  • Michael Kovach, newly appointed Head of Fixed Income Sales at FlexTrade noted: "I am thrilled to join a company that has such a strong reputation in both the Fixed Income and multi-asset trading technology market.