POWERED BY MOMENTUM MEDIA
Liquidnet’s institutional trading volumes up
Liquidnet, an institutional investment firm, has posted a 24% year-on-year growth in institutional trading volume in Australia against a 9% year-on-year growth for the total equities trading volume in the Asia Pacific region, the company said in the 2019 full year results announcement.
According to Liquidnet, the growth was largely driven by the company’s enhanced technologies, with an improved performance underpinned by 51% year-on-year growth across the execution and quantitative services desk being additionally strengthened by execution desk hires in both Australia and Hong Kong.
Following this, the South-east Asian markets of Singapore and Indonesia saw increases of 35% and 26%, respectively, the firm said.
“The strategy we have executed on has ensured this success – both in terms of investment in our technology as well as our people,” Liquidnet’s managing director, Asia Pacific, Lee Porter, said.
“The challenges across 2019 for global markets have been plain to see, ongoing trade tariffs, sustained Brexit uncertainty combined with an unresolved political impasse in Hong Kong – far form ideal conditions for institutional equity investors.
“Uncertain times typically see a ‘flight to quality’ and our trading milestones for 2019 reflect this desire for seamless market connection driven by our enhanced trading technologies.”
Recommended for you
Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum.
Institutional investors have entered November with their largest pre-election equity allocation in two decades, according to new data.
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update.
Australia is becoming increasingly recognised as an attractive investment opportunity against global counterparts, recent analysis has found.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
