The survey of 300 global asset managers found 85% have outsourced or are interested in outsourcing their trading desk.
Tag: Asset management
Fidelity is the first asset manager to receive regulatory approval for three semi-transparent ETF products using its own proprietary proxy basket methodology.
The partnership will combine Amundi’s portfolio management system with CACEIS’ middle- and back-office services for a broad front-to-back outsourcing platform.
State Street will provide custody and fund services, and serve as the APR for the first semi-transparent, actively managed ETFs in the US.
BNP Paribas will provide CSOP Asset Management with custody solutions, fund administration and transfer agency services for funds using Singapore's VCC structure.
New launch in Luxembourg aimed at adding to single-source offering including depositary, custody, FX and bank accounts.
Singapore has 18 asset managers already signed up to re-domicile a total of 20 funds to the new VCC fund structure.
The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.
The new VCC structure is designed to strengthen Singapore’s status as a regional fund distribution hub.
Fund assets serviced in Ireland by the global custodians rose by 6.2% to reach nearly $4 trillion at the end of June 2019, according to new research.