The bank also posts a 12.4% fall in servicing fees, continuing as the only top four custodian to post revenue declines from asset servicing this year.
As part of the partnership, the custodian and industry experts have joined forces to innovate the fixed income ETF market.
Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
Nuveen and Putnam Investments have both launched their first actively managed, semi-transparent ETFs using the proxy model.
GC speaks to BBH'S alternatives fund services product executives, Chris McChesney and Ainun Ayub, on how alternatives fund managers are coping with their new operating environment and the changing dynamic between client and service providers.
Inaugural class of Connectors introduces BBH clients to third-party services including ESG data management, AI services, accounting and reporting, and recovery services.
HSBC plans to further develop its product strategy and operating model for the fast-growing private assets market in Luxembourg.
Global custodians and institutional investors could further be encouraged to adopt digital assets by using specialist digital asset sub-custodians.