Banks can avoid the hidden costs of providing custody services by using a ‘hub’ model, but this should be carefully balanced with providing a good service, according to Duncan Smith...
Once considered a specialist investment destination, Africa is gradually carving out its place on the global fund management scene, according to Paul Forsyth, a managing partner at Apache Partners...
23 November 2015Luxembourg Reporter: Stephanie Palmer
Fullgoal Asset Management has selected Deutsche Bank as custodian and fund services and transfer agency provides for its Luxembourg-domiciled RQFII fund, one of the first of its type under UCITS IV...
09 November 2015Luxembourg Reporter: Stephanie Palmer
HSBC has been appointed as custodian for the first Luxembourg-based renminbi qualified foreign institutional investor (RQFII), the Industrial and Commercial Bank of China (ICBC)...
National Settlement Depository, Russia’s CSD, has seen a 28 percent increase in assets under custody, while the number of securities issued and the value of registered payments both also increased...
International central securities depositaries Clearstream and Euroclear Bank have appointed BNY Mellon to provide them with sub-depository services in the Asia Pacific...
Ashmore Group has mandated HSBC Saudi Arabia as its local custodian, as it bids to become one of the first asset managers to be approved to invest in Saudi Arabia’s stock market, the Tadawul...
28 September 2015Johannesburg Reporter: Stephanie Palmer
An increasing demand for lower costs and more effective administration is leading pension funds to look towards banks for administration functions, according to Charl Bruyns...
Post-trade services provider Clearstream enjoyed an 8 percent increase to its overall assets under custody held on behalf of customers, which rose to 13.2 trillion from 12.2 trillion in August 2014...
