The lack of a regulatory push and the difficulty of pricing research mean the proliferation of best execution for buyside traders is taking time to take root in this region.
Asian fund houses might need to pay fewer brokers for more sales trading amid smaller commission payments if trading volumes do not rebound.
Glenn Lesko has moved to Hong Kong to run InstinetÆs regional business on expectations that buy-side traders will use more execution-only services.
Schmitt hits the fan when CSA managers blow the whistle on boss.
The hedge fund of funds caters to European and Japanese investors.