The tumultuous conditions of 2007 have rocked the asset management sector, with unexpected losses throwing even the most experienced of investment managers off guard. But Barclays Global Investors (BGI) has come through the turmoil relatively unscathed, helped by the diversity of its business. While some fund managers have battened down the hatches, BGI has continued to innovate, with new product launches covering equities, fixed income and alternative assets.
The key, says Michael O'Brien,
- Regulators to scrutinise CCP default auctions
- People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
- VAR surges, revenues tank at French banks hurt by volatility
- A rush on Libor fallbacks to head off holdouts
- Swaps data: SOFR volume and margin insights