The nation’s largest institutional investor, the Employees Provident Fund, has been urging fund houses to expand their investment teams, increasing its own staff as AUM rises.
Tag : nomura
As the buy-side shifts to electronic trading for low-touch orders, banks' program trading desks are redefining themselves to assume more of a hand-holding role.
The bank's Asia-Pacific joint head of equities, John Adair, argues the model of running proprietary and client equity business in parallel is unsustainable in this regulatory environment.
The buy-side praises Nomura's move to shift most equities execution work to its well-regarded affiliate, Instinet – but job losses are imminent.
Hong Kong's securities regulator should give the stock exchange more responsibility for monitoring high-frequency trading, they argue.
Heads of sales trading acknowledge the importance of protecting the order flow of buy-side clients and say they have been investing to generate efficiencies.
