APAC markets outside of China are seeing renewed interest from global institutional investors following a series of market structure and regulatory reforms.
Tag: Sub custody
Global Custodian looks at some of the critical issues discussed at The Network Forum Middle East Meeting in Oman earlier this week.
Can custody be white labelled and adopted by local providers or will custodians with global sub-custody networks dominate?
Relationship represents over $10 billion in assets and comes seven years after BNP Paribas Securities Services embarked on its US growth strategy.
Sub-custodians are now forced to adapt their businesses to accommodate the competition posed by Investor CSD models.
Industry experts argued further consolidation in the custody industry could be likely, but doubted it will happen within the next 12 months to five years.
New research from industry analytics provider Coalition showed revenues from global securities services providers collectively reached $37.2 billion in 2018.
The Dutch market is known to be the home of some of Europe’s largest pension funds, as well as leading private equity and real estate funds.
Cyber-security could be one of the sections that will be dropped from an industry-wide questionnaire network managers use when selecting a sub-custodian.