Plato Partnership Adds Three Fund Managers

Plato Partnership, the not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is pleased to announce the participation of Invesco Asset Management, Janus Henderson and Legal & General Investment Management as Founding Members.

This announcement continues Plato Partnership’s momentum towards their strategic goal of enhancing markets in the interest of end investors, and builds on the recently announced success of Turquoise Plato Block Discovery™, which now has a value traded exceeding EUR 150BN.

Mike Bellaro, CEO, Plato Partnership, said:

“Plato Partnership is about the collective effort of the investment community to enhance markets in the interests of end investors.  Accordingly, we are delighted to announce the addition of our new members: Invesco Asset Management, Janus Henderson and Legal & General Investment Management; further underlining market participant appetite to develop and enhance the future of equity markets through Plato Partnership.

“This expansion of our membership is a significant milestone for Plato and will help achieve our goals of increasing the quality of execution, trust and transparency in the industry. This is a very exciting announcement and it is great to see leading firms supporting our vision.”

Paul Squires, Invesco Asset Management, commented:

“Invesco’s work with Plato Partnership is a part of our commitment to working in the best interests of our clients to improve the trading ecosystem by reducing operating risk and improving execution performance.

“With members from both buy-side and sell-side, supported by independent, academic research via the MI3 offering, Plato Partnership are uniquely positioned as an organisation to facilitate us achieving this goal.”

Richard Worrell, Janus Henderson, commented:

“Janus Henderson’s involvement in the Plato Partnership stems from our shared ambition to improve market transparency and deliver consistently better outcomes for our clients. We are delighted to be a founding member, and part of a collaborative, forward thinking body that has already delivered meaningful change and will continue to do so for years to come.”

Edward Wicks, Legal & General Investment Management, commented:

“Legal & General Investment Management welcomes the opportunity to broaden its engagement with the Plato Partnership.

“We share in Plato’s commitment to bring innovation and increased efficiencies to the equity market place, with a view to unlocking value for end investors. Working collaboratively with both buy-side and sell-side firms, the Plato Partnership is in a great position to change the way the market operates for the better.”

Source: Plato

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