JP Morgan has adopted a fintech platform to digitise processes for clients that open custody accounts.
JP Morgan has adopted a fintech platform to digitise processes for clients that open custody accounts.
Investment flows into China will accelerate over the coming 12 months, despite concerns about a slowing global economy and the impact of US-trade tensions, according to early findings of a Funds Europe survey being conducted in partnership with Standard Chartered.
UK investment platform AJ Bell has appointed Clearstream as its primary custodian for its fund processing activities.
Luxembourg’s digital assets market is growing but regulatory clarity is needed for it to get to the next stage, finds Nicholas Pratt.
Northern Trust grew its UK pension assets under custody by more than $72 billion last year, a year-on-year rise of 8.5%.
HSBC’s annual results this week showed a large fall in profitability. The cause was centred more on its banking business, while numbers were more positive for activities related to investment funds.
State Street reported higher assets in both its custody and asset management business last week, with Ron O’Hanley, chief executive and chairman, saying performance was improving across the business.
Norwegian-based Storebrand Asset Management has selected Northern Trust as its asset servicing provider to its alternative investment funds and Ucits funds domiciled in Luxembourg.
I have always maintained a strong passion for governance. This has been heavily influenced by my work in the pensions industry for over 25 years, including over five years as a trustee for Defined Benefit and Defined Contribution pension schemes.
Funds Global Asia reports from Clearstream’s Annual Asia Summit, held in Singapore, Hong Kong and Shanghai.
