The TRADE 77 - Q3 2023 | Page 53

[ MEET THE DESK | RBC BLUEBAY ASSET MANAGEMENT ’ S LONDON FIXED INCOME DESK ]
“ You ’ re taught to almost think like a PM . They want trade generating ideas .”
DANIEL GRIMSTEAD
where the bank thinks it is . It ’ s very rare those are in line . This can change again depending on the size of the trade ,” says Thompson .
“ We try not to pay up too much for the liquidity but still remain mindful about how we may impact the market with our trading . Where possible we tend to take a slower , more gradual approach into trades rather than just go all in . Over time we ' ve learned - particularly in some of the more liquid and volatile EM products - you do get a more than one opportunity . More often than not that a price will move but then it will come back .”
Cross collaboration Formerly boutique and now part of a global bank , the London fixed income desk at RBC BlueBay Asset Management has an opportunity to play a completely different role for its clients , something few trading teams have the chance to do in their lifetimes without moving firms . While there are opportunities for both the developed and emerging markets teams to further work together on larger strategies across funds , there are also ways that the desk ’ s new role as the fixed income arm of RBC BlueBay will allow it to cross-collaborate .
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