Instinet DealMatch automates the deal process which is still highly manual.
AXA IM Prime would be led by Pascal Christory, currently AXA Group Chief Investment Officer.
The bank wants to gain share in leveraged finance.
Asset managers, wealth managers and service providers are joining iCapital to test blockchain solutions.
Many asset managers cannot buy private stocks due to the lack of price transparency.
Low rates mean a mismatch between return expectations and exposure to private markets.
The current crisis highlights the need to track the liquidity of private assets, PGIM's Junying Chen writes.