The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
The memorandum of understanding (MoU) between the European depository bank and its Indian counterparts aims to boost cooperation between the three organisations.
Central Depository Services (India) and National Securities Depository (India) will, with Euroclear, also explore the possibility of establishing an operational link between the central securities depositories.
Ignace Combes, deputy chief executive officer of Euroclear, says the Indian market offers tremendous potential, as it continues to develop and attract global investors. "When we offer services for domestic securities, we ultimately create a link - either directly or indirectly - with the local central depository. Euroclear bank wants to develop a solid relationship with the Indian depositaries for when the Indian domestic market becomes eligible for international investor trading in the local rupee currency," he says.
The three firms will exchange staff to increase knowledge of the respective securities markets and the various risk-management practices.
A similar memorandum was signed by Euroclear and the Clearing Corporation of India in January 2007, for bond transactions.
Domestic securities from eight Asia-Pacific markets are currently eligible for settlement, custody and related services at Euroclear Bank. Euroclear is the worldÆs largest provider of domestic and cross-border settlement and related services for bond, equity, derivatives and fund transactions, settling $665 trillion worth of transactions annually.
There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
As Covid restrictions continue to put the bite on travel, Australia's superannuation funds are seeing mileage in spending big on communications and digital infrastructure.
Sunsuper and QSuper appoint CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.