Activity

BNY (formerly BNY Mellon) has secured a full outsourced trading mandate from Liontrust Asset Management. This expands on an existing relationship between the two firms.
Under this new arrangement, BNY’s Buy-Side Trading Solutions group will handle trading for Liontrust’s investment funds and institutional accounts. This includes Liontrust’s UK-based traders joining BNY’s team.
The move is intended to provide Liontrust with several benefits:
* Global Market Access: Access to BNY’s extensive global network of brokers and venues, spanning 100 global markets across various asset classes, including fixed income and derivatives. This will allow Liontrust to respond to market developments in real-time and extend its trading capabilities beyond UK hours.
* Enhanced Technology and Efficiency: Leveraging BNY’s advanced technology, data analysis capabilities, and operational efficiency, aiming for sophisticated execution and economies of scale.
* Scalability and Growth: Supporting Liontrust’s growth ambitions, especially as nearly half of its investments and trading now occur outside the UK.
* Risk Management: Addressing the increasing use of automation and technological developments in trading, which requires significant investment in technology and careful risk management.
This outsourcing decision follows Liontrust’s announcement in January that it was exploring deepening its relationship with BNY for trading services. It also comes after a period where Liontrust has been focused on enhancing its data management and analysis, previously collaborating with BlackRock’s Aladdin platform and BNY’s Data Vault.

Video courtesy of Escrow.com

Video courtesy of Escrow.com