Institutional allocations to impact investing are growing rapidly and are on track for further expansion in coming years. This growth is occurring despite a lack of consensus about how...

Global fixed-income electronic trading rose 1% on a volume-weighted basis in 2016 compared to the previous year, with 46% of investors trading at least some of their volume electronically. In 2016...

Reports of the death of active management are not just premature, they are altogether incorrect. Greenwich Associates is optimistic about the future of active management. There is no doubt...

A combination of changes, including: rising interest rates, a less zealous regulatory environment, tax cuts, and overall optimism among business owners will provide a much-needed profit boost for...

The exchange-operated opening and closing auctions or “crosses” are becoming an increasingly important part of the trading day, as passive investing continues to grow and traders look for...

Executive Summary The buy side today has access to data and information that would have been unheard of 20 years ago. Whereas in the past they relied primarily on research and information from...

Regulations put in place since the global financial crisis have tightened compliance and documentation standards for banks—in some cases dramatically. These new demands have had a meaningful negative...

Technology has long been a driving force in the evolution of trading and the transformation of the relationship between buy-side traders and their brokers. Electronic FIX communication in the early...

Investors continue to express frustration with credit market liquidity, but massive efforts undertaken by market participants and service providers are finally starting to ease the pain. Success has...

2016 will go down as the Year of the Unexpected, as Brexit, Trump and the Chicago Cubs upended “likely outcomes.” In that same vein, a liquidity crisis failed to emerge in the bond market, and the...