BBH to support Alger’s launch of first actively managed ETF
AuM in global active ETFs have increased significantly over the past few years, growing from under $60 billion in 2016 to over $180 billion as of June 2020.
AuM in global active ETFs have increased significantly over the past few years, growing from under $60 billion in 2016 to over $180 billion as of June 2020.
The new company expands BBH's suite of investor services for insurance and reinsurance firms, and their institutional trust arrangements governed across multiple jurisdictions.
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
BBH appointed two long-time members of the business as co-heads of global securities lending, replacing Keith Haberlin who was appointed as head of BBH’s FinTech department.
Recent expansions by retail brokers to facilitate securities lending programmes could further expand the market for institutional players.
HSBC has targeted Luxembourg as a key growth market for its securities services business.
The Swedish bank is exploring new services with Brown Brothers Harriman as its assets under custody continue to pile up from the existing relationship.
As traditional fund administration services become commoditised it is no longer an accurate comparison factor between providers, according to new research.
BBH's asset servicing platform will help facilitate a same-day settlement cycle for all primary market creations and redemptions for the ETF .
Interest in Greater China ETF grows but investors await international access schemes.