Greenwich Associates Kevin McPartland discusses the search of corporate bond liquidity on "Bloomberg Markets."
“The growth in the short term is going to be in equities given that is where people are more comfortable with ETFs,” says Andrew McCollum, consultant at Greenwich Associates. “In the US, we are starting to see real growth in the fixed income side...
Andrew McCollum, consultant at Greenwich Associates, says ETF usage usually starts with experimentation and expands as managers learn about their utility.
“It’s clear that many small businesses and midsized companies are not satisfied with the service they are getting from their banks,” says Dana Schwaeber, Greenwich Associates consultant.
“With fewer exchange operators in the world, the more pricing power each one would have,” says Kevin McPartland said. “I don’t think that would necessarily be the case; CME, ICE, Deutsche Bourse would all continue to operate in competition with each...
According to a recent study conducted by Greenwich Associates, nearly 70% of Canadian institutional investors now employ fixed income ETFs, significantly higher than in the United States or Europe.
"The market isn't doing what anyone expects," says Kevin McPartland at Greenwich Associates. "The Fed raised rates and the 10-year Treasury rate declined, and oil prices remain consistently inconsistent, leaving many out on a ledge."
According to corporate banking and cash management studies by Greenwich Associates in 2015, some 60% of European companies with at least €2 billion in turnover use the bank for corporate banking and 38% for cash management, results that the analysts...
Senior traders in fixed income-focused earned an average of $750k in 2015, according to Greenwich Associates and Johnson Associates figures, where as long-only asset managers paid $510k.
Banks like BNP Paribas may have the opportunity to pick up even more new business in the year ahead, as Greenwich Associates' Miarka believes we may see more treasurers looking to switch.
