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Daiwa bides fund services push after prime brokerage sale

Yvonne Chan
Daiwa's synthetic prime brokerage sale will not affect its alternative fund services, although its ambitious growth plans are on hold, says the firm.
Daiwa bides fund services push after prime brokerage sale

Daiwa Securities’ plan to grow its alternative fund services in Asia will continue to move forward following the sale of its synthetic prime brokerage to Canada’s Bank of Nova Scotia last week for an undisclosed sum, according to the Japanese firm.

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