Buy-side Perspectives Issue 16 | Page 30

FOREIGN EXCHANGE Buy-side profile HARNESSING ALPHA in Foreign Exchange execution Richard Turner Senior Trader - Currency Solutions, Insight Investment Please describe your role and responsibilities within Insight Investment today. My role at Insight Investment has changed dramatically over the past 3-4years. I’m part of an FX Execution team which trades all currency requirements for Insight Investment. Our stakeholders are Portfolio Managers (discretionary and non-discretionary) and quantitative model strategies (Active and Passive). Our responsibilities incorporate all 30 aspects of Best Execution as well as trying to maximise any potential execution alpha. We use our TCA providers and own execution analysis to better inform our decision making process at the point of trade execution. We also try to collaborate with the stakeholders to add value where we can. We believe our tools for execution are market leading. I am also the 3rd man for the equity trading team where we are also collaborating on building pre-trade execution tools. www.buysideintel.com Summer 2019