HSBC announces a new business win with Schroeders. The deal consists of eight Investment Trusts with total assets under management in the region of 1.4 billion.
“We were looking for someone to take over our investment trust fund administration service, which we had always run in-house.” says Noel Fessey, Schroders’ Head of European Fund Services. “We are happy to have HSS as a key fund service partner in Europe.” he continued.