Published in Automated Trader Magazine
Eastspring Investments is the largest fund manager in Asia with some 2,000 employees. Adam Cox caught up with one of them, Sanjay Awasthi, a Singapore-based director at the firm who trades the fast-moving Indian markets. Sanjay got his start with India's financial regulator and has witnessed India's evolution from a cash-only market with three-week settlement periods to the hyper-fast, colourful market it is today. He says India has a reputation for being extremely porous, so when a fund the size of Eastspring wades in ($80 billion and counting), the use of algorithms becomes critical.