65.17 F
London
July 4, 2024
PI Global Investments
Hedge Funds

Inside BGC’s quiet move into agency broking


BGC-Canary-Wharf

BGC Group, Caventor’s parent, has London offices in Churchill Place, Canary Wharf

The rise of the multi-manager hedge funds in recent years has coincided with a well-documented ‘brain drain’ of experienced sell-side staff to the buy side. As the story goes, this has left smaller numbers of juniorised staff at the dealers to cover the surge in the number of portfolio managers, who act as mini-hedge funds in their own right and increasingly need individual coverage.

This has left a gap in the market for agency brokers that can service those portfolio managers, and provide them

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.



Source link

Related posts

Famously Obstinate, Bill Ackman Is Now Real-Life Famous. What Next?

D.William

Share price surge helps largest hedge funds to biggest profits on record

D.William

Hedge Funds, Asset Managers Take Opposite Yen (JPY USD) Bets Amid BOJ Talk

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.