BNY Mellon wins global custody mandate for Chimera Capital’s new UAE ETF
BNY Mellon will provide global custody for the first sub-fund tracking a Shariah compliant index in conjunction with S&P Dow Jones indices.
BNY Mellon will provide global custody for the first sub-fund tracking a Shariah compliant index in conjunction with S&P Dow Jones indices.
The license and the new office will enable the world’s largest custodian to capitalise on the opening up of Saudi Arabia’s securities market to foreign investors.
Northern Trust will also support Sancta Capital’s trading programme through its outsourced agency-only brokerage service.
The appointments are the latest changes to BNP Paribas Securities Services’ senior management in recent months.
HSBC Securities Services is aiming to capitalise on the growing interest from foreign investors in Middle Eastern markets, particularly Saudi Arabia.
Global Custodian looks at some of the critical issues discussed at The Network Forum Middle East Meeting in Oman earlier this week.
The Middle East has been a recent point of focus for State Street’s EMEA strategy, having opened a new office in Abu Dhabi in September last year.
HSBC's global co-heads of securities services explain their focus on unlocking the potential of the group’s overall universal banking model for its clients.
The mandate marks the latest in a series of partnerships for Northern Trust’s brokering service, which has recently signed a flurry of emerging fund managers.
Ahead of the New Year, we ask industry experts to give their predictions on what to look out for in 2019. We begin with a look at some regional forecasts.