Nicholas-Applegate's NeXT Network Goes Live--And More; Portfolio Buy Still A Year Away

TECHNOLOGY STRATEGIES

Nicholas-Applegate Capital Management (NACM) spent the turn of the year busily rolling out new hardware and software to support its San Diego-based traders and portfolio managers. Among other things, the firm has accomplished the following:

In January--after having run an eight-month pilot (IMT, Feb. 5, 1993)--the firm went live with its much anticipated NeXT platform to provide five traders and ten portfolio managers with access to market data, analytics and communications applications. The firm

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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