​Daily Bulletin: Tuesday April 14

Listed flow was subdued today, with volumes mostly targeting resources and currency related indexes and ETFs. This was despite quarterly results from JPMorgan and Wells Fargo, which came out earlier today. While JPM showed a modest increase to profits this quarter, WFC’s numbers showed a small dip. We also take a look at CalPERS today, with the system revealing how much it saved last financial year with its recent changes to its portfolio management strategy. CalPERS famously pulled its hedge funds allocations last year, due largely to high management fees. In the people and firms section, we report on a former RBS single stock trader in London who’s turned up at Mint Equities.