HSBC has targeted Luxembourg as a key growth market for its securities services business.
Tag: asset owners
The improved performance in the last three months followed a renewed focus on its largest asset manager and asset owner clients.
The council aims to introduce wide-ranging solutions for sustainable securities lending through the introduction of new principles.
Asset owners have increased demands for technology solutions and near real-time data to support their in-house active investment operations.
JP Morgan continues to cement status as largest asset servicer in Australia with key extension of AUD$12 billion super fund.
The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.
The new appointments reflect HSBC’s growth ambitions to expand the division that caters to its buy-side clients.
The Chicago-based custodian provides asset servicing solutions to over 260 UK pension funds with collectively more than £600 billion in AUC.
The Middle East has been a recent point of focus for State Street’s EMEA strategy, having opened a new office in Abu Dhabi in September last year.
State Street hires 25-year asset owner veteran from BNY Mellon to oversee relationship management with largest US pension funds and insurance companies.