Standard Chartered becomes first foreign bank to close two milestone custody mandates in China
Two mandates make the custodian the first foreign bank to execute deals in both domestic mutual fund and WFOE segments.
Tag: CCB
Custodians buoyed by sharp rise in China’s mutual fund launches
New public mutual fund launches in China totalled $163 billion (RMB 1.07 trillion) in the first quarter of the year.