Interest in Greater China ETF grows but investors await international access schemes.
SEB will use the Regional Custodian workflow which utilises ALERT for storing SSI data related to fund assets in custody.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
The growth rate in the European ETF market outstripped the US for the first time.
BBH's associate general counsel says Brexit has been relatively easy for custodians, and that the firm could look to add numbers in the UK.
Carla Jane Findlay-Dons will be responsible for developing BBH’s global stance on market and regulatory events.
Regulators are planning to include ETFs to the China-Hong Kong Stock Connect trading programme potentially by the end of the year.
The new tool by BBH will give asset managers greater oversight of the net asset value (NAV) function performed by fund administrators.