K&K Global Consulting Ltd: Exchanging Ideas: Christian Schoeppe Interview
Exchanging ideas: Christian Schoeppe Interview with K&K Global Consulting (K&KGC)
Asset management houses are changing the way they organise their business as the asset class is transformed by new technologies and regulations. That means an emphasis on best execution, as well as the technologies to go with it as FX evolves into more of an actively traded asset class for our portfolio management.
“We face regulatory adverse impacts on liquidity and fragmentation, on the other hand it’s been major central bank policy diversion that contributed to higher volatility since last year,” Schoeppe told the Buy-side Perspectives.
“Therefore modernising best execution concepts has been a focus theme in the asset management industry: how can we get the best result from liquidity providers for our investors?”
Deutsche Asset Management has reformed its FX trading in recent years. At one time, the firm didn’t have a dedicated FX desk. Then the asset management house began to automate FX positions arising from securities trades. Such Treasury FX trades were collected and executed at 10.00 and at 16.00 daily.
Read the full interview here: