Buy-side Perspectives Issue 16 | Page 41

and are often part of discussions with Portfolio Managers or Analysts when they are considering new opportunities for their portfolio. When we are accessing the markets, we add value with our technology and quantitative skills, in how we systematically trade orders, in consistently measuring the value added to client portfolios and reviewing our decisions based on this output, and by having a talented and diverse global trading team. Emma at the Asia Buy-side Forum (ABF) in Hong Kong, Spring 2015 The brokers have historically played an important role in helping the buy side with trading intelligence in the very diverse Asian markets. Is the increased level of algo trading with diminishing profits for counterparties in USA and Europe impacting relationships in Asia? we apply elsewhere about achieving the best outcome for clients. We have a global approach to trading and how to achieve the best outcomes for our clients. That is one of the benefits of our co-head structure. Our views around the use of systematic and algorithmic trading, what makes a superior execution provider and our expectation from our broker partners are the same regardless of whether it is our trading desk at AB in London, Sydney, New York or Hong Kong. We don’t see the challenges of trading in Asia any differently than we do with US or European trading. There are obviously no uniform regulations or market structures in Asia but that’s no reason, in our view, for us not to apply in APAC the same philosophies K&KGC have seen that only 10% of our +900 buy-side trader contacts are women and a large proportion of these are based in Asia. Do you feel that some Asian workplaces have cracked the secret to building more Summer 2019 www.buysideintel.com diverse work places and what can investment firms and the industry do globally to achieve a better gender balance? Firstly, one cannot generalise it applies to all of Asia but there are some certain places in Asia, like in Hong Kong, where we do tend to find more females in the industry. Some of this we think is cultural, with some cultures offering good support networks through family or affordable childcare. Since becoming Co-heads of Equity Trading we have had some good success with hiring diverse candidates and have made active choices to support diversity. Some have been successful and others have not. Despite setbacks we will continue to seek diversity for our team as we see this as contributing to better client outcomes. 41