Fund managers like banks and brokers that combine liquidity and honesty, found our annual trading survey. UBS was voted best overall, with other firms prevailing in certain categories.
New capital requirements, sustained low interest rates and falling commissions from derivatives trading have compelled the agency brokerage to readjust.
The expected introduction of third-party securities clearing next year will coincide with the expansion of the asset management sector, says BNP Paribas.
Wins for Deutsche Bank and Morgan Stanley in the institutional categories of our prime broking poll.
Nathan Davison will co-head Asian prime finance with New York transferee David Murphy.
David Gray, head of prime services at UBS for Asia-Pacific, discusses the resurgence of the hedge fund business.