Schroders starts trading new Asian frontier markets
Bangladesh, Pakistan and Sri Lanka are new markets for the UK fund manager. Meanwhile, algorithms need to adapt to new trading hours in the region, says its Asia head of trading.
UK-based Schroder Investment Management now trades 13 equity markets in Asia, having recently moved into frontier markets Bangladesh, Pakistan and Sri Lanka.
The firm’s nine-strong regional trading team was already covering all the region's main markets, including Indonesia and the Philippines, but started trading the aforementioned frontier markets at the end of last year, says Jacqueline Loh, Asia head of trading at Schroders in Singapore.
This preceded the launch of the Schro…
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