Custody revenues decline in first half of the year, while fund services income spikes on AUA uptick and ETF boom
Research from Coalition of the top dozen custody banks paints a picture of the revenue and margin struggles facing an industry in flux.
Research from Coalition of the top dozen custody banks paints a picture of the revenue and margin struggles facing an industry in flux.
The tech giant is now targeting the European asset management industry and looking to build from a string of mandates it has secured in the UK over the past year.
The rise in AuA follows a year after assets in alternatives investments reached an all-time high of $7.4 trillion in 2020.