Spiraling into control over liquidity risks
Why are we talking about liquidity risks? Why is it a hotter topic than market, credit and operational risks, which traditionally have had more focus? The reason is relatively straightforward, during every financial crisis we find that it is actually liquidity risks that makes things spiral out of control - acting like a virus for firms and the financial industry at large.
MiFID II: Remodeling the buy-side
The Markets in Financial Instruments Directive (MiFID) is set to fundamentally change the way investment managers run their businesses. Buy-side firms are going to be faced with an unprecedented level of complexity and choice regarding the sourcing of liquidity, execution, and transaction reporting. Despite a likely implementation delay, firms must begin preparing for compliance now.
FinTech: Creating global opportunities
Buy-side firms are scanning wider horizons for investment opportunities as well as prospective clients. Market conditions in recent years, which have seen artificially low rates and volatile equity performance, are leading investment managers to consider other options to achieve the returns they need, such as emerging market equity and fixed income.