The deepening sell-off in US equities has presented opportunities for long-short managers, with the most heavily shorted shares underperforming the broader market, says Sam Pierson of IHS Markit
The association cited the “current uncertainty as to the future development of the Coronavirus pandemic (COVID-19)”, as driving the decision to delay its annual event until next year.
“We are now in a market gripped by panic and we believe that restricting the ability to short sell is in the best interest of promoting a more orderly market," says UniSuper CIO
HSBC plans to combine its securities services and global markets divisions, which will see its two co-heads of HSBC securities services take on new roles