SRP Europe Awards 2023: BBVA leverages credit, rates diversification shift

Last year was a transition year with different events having a significant impact in the equity markets which pushed investors towards other asset classes and product types. With the addition of credit and FX to its cross-asset platform, BBVA was able to capitalise on this shift.  At a macro level, the main events were an increase in interest rates not seen in many years, with the end of quantitative easing and increased geopolitical risk as a backdrop. We captured a lot of business with