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Article: At long last: Trading cost analysis tools finally available for fixed-income world; 2 firms introduce systems designed to help institutions.(News)
- Article from:
- Pensions & Investments
- Article date:
- April 14, 2003
- Author:
CopyrightCOPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Fred Williams
NEW YORK - Institutional bond managers are gaining access to the same type of trading-cost analysis systems that are staples to equity managers.
Elkins/McSherry LLC, a New York-based trading-cost analysis firm, just introduced a program for global fixed-income securities designed to help cut transaction costs and improve portfolio returns in the process. And Plexus Group, a transaction analysis and consulting firm in Los Angeles, will introduce its first fixed-income transaction-cost analysis program later this year, said David Hall, president and chief executive officer of Los Angeles-based Plexus Group.
Trading costs and ...