NEW YORK, Feb. 17, 2015 /PRNewswire/ -- Abel/Noser Corp., a leading independent agency brokerage firm providing data-driven trading products and services for institutional clients, announced today the sixth straight year of volume increases in its transition management business.
"As the transition management industry consolidates, pension funds, endowments, sub-advised funds, and other institutional investors are scrutinizing their relationships with service providers more closely than ever before to make sure they are receiving the best value," said Michael Iannucci, Abel/Noser's SVP of Transition Management Services. "In this environment, more investors are turning to Abel/Noser due to our industry-leading analytics and our focus on transparency."
Abel/Noser's transition management group helps asset owners make changes to their investment allocations while minimizing transaction costs. The group has received numerous industry accolades for its work, including being named aiCIO's top global service provider in 2013 and for ranking first in 2014 for 'customer confidence in revenue disclosure'.
"We take great pride in our agency model which has served our asset owner clients well for many years. Our business practices align with our client's interests. We own no dark pools and have no proprietary trading accounts. We excel at trading with a very small footprint, representing our clients in all markets," said Abel/Noser CEO Bill Conlin. "As transition management best practices have evolved, they have grown to look more like the model Abel/Noser has lived by since it entered the space 30 years ago—an agency trade where the client's execution comes first."
About Abel/Noser Corp.
Abel/Noser Is one of the oldest and largest independent agency brokerages providing a range of tools and services for institutional sponsors and investment managers. Abel/Noser offers comprehensive solutions and analytics throughout the pre-trade, execution and post-trade cycle, including Transaction Cost Analysis (TCA), domestic and international commission recapture for equities and fixed income, transition management, liquidity analysis and customized algorithms. Founded in 1975 and headquartered in New York, Abel/Noser is a member of the NYSE, FINRA and SIPC.
SOURCE Abel/Noser Corp.