The TRADE 84 - Q2 2025 | Page 40

[ M E E T T H E D E S K | M & G I N V E S T M E N T S ]
“ If there ' s an algorithmic strategy that is not being used by the desk, we question as a team why we ' re not using it.”
LAURA MOULD
“ Almost all of our strategies and the way we trade our orders is geared towards liquidity seeking. That is by nature the way we trade. Partly because there will be occasions where we ' re dealing in markets where our unit size is material enough that you will need to find some natural business to interact with to be able to get done.”
Mould herself is paired with Oliver Birch, head of Americas equities trading, who joined M & G in 2011 from Henderson Global Investors – now Janus Henderson – where he had been serving as an equities trader.
Mould covers banks, insurance, property, investment trusts, convertible bonds, and futures. Birch covers telecoms, media, IT, chemicals, aerospace, convertible bonds, futures, and options.“ From a coverage and a risk point of view, it [ the pair structure ] means that we ' ve got strength in depth across the bench and that everybody is equally good at providing excellent coverage and service to the fund managers,” says Riches.
“ We can bounce ideas off each other in terms of how to approach trading in certain asset classes, sectors and stocks. No
Alex Phillips
40 // TheTRADE // Q2 2025