The Bank of New York Mellon Corporation has announced a strategic collaboration with Liontrust, a specialist active asset manager, to enhance its trading operations. As part of the agreement, Liontrust will outsource its trading for investment funds and institutional accounts to BNY's Buy-Side Trading Solutions group. This move allows Liontrust to access BNY's extensive global network of brokers and trading venues, facilitating real-time market responses and extending trading capabilities beyond UK hours. The partnership is expected to provide Liontrust with sophisticated execution, operational efficiency, and economies of scale, leveraging BNY's advanced global trading solutions across 100 markets. This collaboration aligns with the evolving landscape of asset management, which increasingly relies on automation and advanced technology to improve efficiency and manage risks.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.