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[ E D I T O R ' S N O T E ]
Every cloud...
Optimism has fallen somewhat out of fashion of late, and with good reason. The world continues to grapple with geopolitical tensions, shifting economic currents are setting a fast pace, and market volatility dominates the headlines daily. However, as a publication covering the world of trading, market structure and regulation, we’ re without a doubt feeling the energy and momentum building across the markets and it’ s important to create a space to pause and take a broader perspective. Markets of course can thrive on volatility, but what stands out in our conversations with all of you across the industry these last few months is a recurring sense of positivity emerging. There’ s a cautious optimism abound, reflecting the careful analysis and resilience of our industry, and a recognition of the potential for success across the trading sphere amidst the disorder. Many remain in a state of‘ wait and see’ as I put pen to paper for this latest issue and yet, even in these turbulent times, there are glimmers of opportunity. Whether that be thanks to the levels of activity being seen in the European equity markets, the ramping up of tangible technological wins, regulators making strides to end their‘ turf wars’, ever more interesting datasets, or simply a change in attitudes from all corners of the industry- it’ s clear the bet is on collaboration as the key to success. We are as always so thrilled to bring you another brilliant edition- brimming with insightful and engaging original content. Inside you’ ll find: our Cover Star, Trader of the Year 2025, Columbia Threadneedle Investments’ Michael Roberts; the Meet the Desk feature with Quoniam Asset Management, giving readers a peek into what drives their team; an insightful Big Interview with M & G Investments Southern Africa’ s Ann Leepile; and this quarter’ s Expert Call with Goldman Sachs’ Ellie Beasley. This issue also includes our International Women’ s Day special feature, by The TRADE’ s reporter Natasha, which celebrates the excellent women shaping the industry, plus much more! Our team has been hard at work so far this year. We’ re excited to continue to uncover the array of silver linings amid the markets’ shifting conditions going forward and bring the usual exclusive news, in depth analysis, and insightful conversations to life.
Claudia Preece News Editor The TRADE
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ISSN 2040-0144
Issue 87 // thetradenews. com // 3