China to consolidate foreign investor access schemes
The move forms part of its overall strategy to simplify access to China for institutional investors that have, so far, found it too complicated to invest.
The move forms part of its overall strategy to simplify access to China for institutional investors that have, so far, found it too complicated to invest.
Northern Trust will act as the sole broker for AD Global Investors, assisting with its fixed income execution as well as providing custody, fund admin and FX services.
Standard Bank announces launch of custody services in 15th African market.
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The Chicago-based custodian will provide custody and foreign exchange services to the Misaki Engagement Master Fund.
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
HSBC's former head of Americas securities services has relocated to London to focus on its banks and broker-dealer clients.
BNP Paribas has made a number of senior appointments to its Asia-Pacific securities services team in recent months.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.