The bank has established a team in Shanghai and is working with a local fund house to explore outsourcing opportunities on the understanding that deregulation is inevitable.
Asset-servicing firm RBC Dexia says RBC's acquisition of the remaining half of the business will hasten regional expansion and lead to greater cross-selling opportunities.
Thresholds for managed account mandates are falling as investor demand rises, says JP Morgan.
Deutsche Bank plans to leverage the strength of its prime brokerage to build its Asia fund servicing business.
The firm has re-hired John Sin to run North Asia business development after splitting the regional role. It aims to source new clients and serve existing ones with new products.
The new platform is focused on alternatives funds across Asia, with China its main long-term target, and will ultimately service traditional fund clients.
Christof Kutscher, Asia CEO at UBS Global Asset Management, explains the business strategy behind entering fund admin and says hiring Colin Lunn is just the start.
The US firm is the first foreign fund-admin provider to calculate net asset values for onshore clients in the country.
Schroders Singapore chooses HSBC Securities Services as its sole trustee, custodian and fund administrator, having previously split those services between HSBC and OCBC Trustee.
Standard Chartered loses out as Allianz hands Citi its insurance custody mandate for Asia, soon after the Bank Consortium Trust replaces HSBC as custodian of RCM's Hong Kong ...
Australia is the latest country to be reorganised under JP Morgan’s new Asia-Pacific treasury and securities services management structure, with Japan next in line for a ...
Fund managers will seek help from administrators to reduce costs in 2010, as slow fund growth continues, predicts Alastair Murray, HSBC’s Asia-Pacific head of fund services.
Irish firm Apex Fund Services is helping to nurture the relatively young mainland fund admin market.
Manulife Singapore selects RBC Dexia for a S$1.5 billion fund valuation mandate.
Singapore approves BNP Paribas Securities Services' first regional wholesale banking license.
HSBC has adopted Swift technology for its fund administration platform in Korea as fund managers invest more money overseas and opt for more complex investment strategies.
HSBC Securities Services’ head in Ho Chi Minh City says there’s no escaping manual work for now.
Yet another provider enters the stage in Singapore.
The firm becomes the first custodian bank in Indonesia to offer approved Shari'a fund admin services.