Bringing you live news and features since 2006 

Henderson Global Investors adopts Bloomberg TCA

RELATED TOPICS​

Henderson Global Investors has adopted the Bloomberg Transaction Cost Analysis tool for its equity business.



Henderson will be using BTCA, a pre- and post-trade transaction cost analysis solution, to get to the root cause of trade outliers. 

BTCA uses the same market data suite available on the Bloomberg Professional service.
 
BTCA receives transactional data from Bloomberg Asset and Investment Manager, a multi-asset order management system, as well as the Bloomberg Execution Management System.

To support non-users of these systems, BTCA also integrates with any other OMS/EMS or proprietary system, collecting data on a daily or periodic basis to tailor to clients’ needs.
 
“We chose BTCA for the independence it delivered us,” says Andy Munro, global head of trading at Henderson. “BTCA is flexible, intuitive and integrates seamlessly with all the familiar Bloomberg functions we use day-to-day, allowing us to analyse quickly the facts behind a certain performance number. The on-demand reporting and flexibility to create custom reports means we can investigate and analyse issues quickly and efficiently and then make changes to our trading strategies, which ultimately allow us to improve our performance and garner better returns for our clients.”
 
Henderson also uses Bloomberg EMSX, a multi-asset, broker-neutral execution management system to manage orders, access liquidity and monitor trading performance through the suite of real-time TCA capabilities.
 
“Henderson has been a valued customer of Bloomberg’s for a long time and we are delighted to extend this relationship to support the mission critical functions of analyzing their transaction costs and on-demand reporting,” says Don Carey, global head Bloomberg EMS solutions. “Bloomberg’s clients demand products that are broker-neutral and easily accessible on demand. BTCA is a natural evolution of our offering and fills in a major gap for our global client base.”

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by