Tim Batho is chief strategist, Index Policy, at FTSE Russell, a division of LSEG. He focuses primarily on country classification for both equities and fixed income. In his role, Batho spends considerable time interacting with market authorities, regulators, and stock exchanges, particularly within the Asia Pacific region. Previously, Batho held senior positions at a number of investment management firms, asset owners, and broking businesses in the UK and Australia, although his roles have typically been regional or global in nature. He has extensive technical knowledge focused on implemented consulting, quantitative investment management, active and passive strategies, and derivatives. Batho acquired a BSc (Hons) Banking & Finance in 1985.
Shorter settlement periods are meant to protect market participants. But the new T+1 settlement cycle for US equities may have undesirable knock-on effects for financial market participants around the world, including index fund managers.