Beijing
06 April 2017
Reporter: Stephanie Palmer

Custom House invests in China


Custom House Global Fund Services has expanded its presence in China, opening a new office in Beijing and hiring two new relationship managers.

The new office opening comes as a response to increased demand for independent fund administration solutions in China, particularly from large financial institutional investors, real estate private equity (REPE) funds and hedge funds, according to Custom House.

Nancy Wang will join the Beijing office as a relationship manager, responsible for business development and client collaboration. Yichen Huang will hold the same position at the Shanghai office.

Wang brings significant experience in corporate management, cross-border investment structures, accounting and fund formation services. She joins from TAKA Corporate Consulting, where she has been head of sales since 2007, overseeing the North China market.

Huang joins from Citis Prudential, where she was a senior manager, responsible for fund accounting of money market funds and REPE funds. Previously, she was a senior fund accountant at HSBC Securities Services, working in Guangzhou and Hong Kong.

Mark Hedderman, CEO of Custom House Global Fund Services, said: “Custom House continues to expand on our relationship-driven services in the Asia alternatives market as new fund launches are on the rise.”

He added: “As an independent administrator, we provide unbiased reporting to investors looking for experienced partners with a local presence that can help them at every stage of the investment process.”

Tony Kan, managing director of Custom House Fund Services in Hong Kong, added: “This is our third office opening in Asia over the last two years and we are pleased to have Nancy Wang and Yichen Huang join our team in Asia to strengthen our footprint in the fund administration space.”

“Most of our Asian clients require immediate responses from local experienced staff that could meet them in person and have a better understanding of their needs with comprehensive knowledge of local and global fund industries.”

More people moves news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
PwC promotes into leadership roles
19 September 2017 | London | Reporter: Theo Andrew
Elizabeth Stone will be responsible for working with asset and wealth management clients across audit, tax, advisory, deals and legal services across the UK
New COO joins Calastone
18 September 2017 | London | Reporter: Theo Andrew
Stephen Mohan joins from DST Systems, formerly IFDS, where he was most recently executive director of transformation and innovation
Euroclear bags Eliet for regulatory compliance
14 September 2017 | Brussels | Reporter: Drew Nicol
Eliet joins from the French Stock Market Authority, the Autorité des marchés financiers (AMF), where he was the deputy general secretary, heading the regulation policy and international affairs division
Broadridge promotes Santangelo to president of EMEA and APAC sales
14 September 2017 | London | Reporter: Jenna Lomax
Santangelo responsibilities will now include global sales management, business development and strategic client initiatives
Broadridge welcomes Paul Wilson as account manager
13 September 2017 | London | Reporter: Drew Nicol
Sharegain’s Paul Wilson has changed tack to take on a role as senior account manager at Broadridge Financial Solutions
Deutsche Bank’s Ying-Ying Tan snapped up by Standard Chartered
12 September 2017 | Singapore | Reporter: Stephanie Palmer
Standard Chartered has named Ying-Ying Tan as head of securities services for the ASEAN and South Asia region
Hook to expand MUFG relationships team
12 September 2017 | New York | Reporter: Stephanie Palmer
MUFG Investor Services has appointed Danny Hook as an executive director of relationship management
More people moves news