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First State set to use algos and dark pools

Joe Marsh
The fund manager is making significant changes to its trading set-up following the recent arrival of Todd Prado from Janus Capital to run the dealing desk.
First State set to use algos and dark pools

First State Investments is moving to electronically access dark pools and other sources of alternative liquidity. Other changes aimed at improving execution efficiency are also under way at the international arm of Australia’s Colonial First State Global Asset Management.

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