For some time dealers have bemoaned a series of pressures on their traditional businesses - not least a lack of trading activity. In the credit markets, increased transparency has squeezed transaction margins to a fraction of what they once were and regulatory attention on the structure of commissions only promises further margin contraction.
It is little wonder then that investment banks are working hard to build closer relationships with the growing hedge fund community. And as hedge funds
The week on Risk.net, July 7-13, 2018Receive this by email