Senior executives at third-party administrators surveyed tell Funds Europe about competition and challenges.

Man Group, a London-listed hedge fund, has handed Citi a servicing brief for its Luxembourg-based Sicav fund.

Latin America's fund managers are experts at domestic equities, while some, and it is suggested the Chileans most of all, have a pan-regional expertise too. It is a natural next step, then, that asset managers look to expand overseas. Nick Fitzpatrick asks fund service providers about trends among this client base.

Asian asset managers have historically lagged behind Europe and North America in the take-up of operational outsourcing, but the participants in our roundtable say this is changing. They also discuss the cost pressures they face themselves as a result of increased regulation. Chaired by Stefanie Eschenbacher.

Two French banks saw their global assets under custody shrink during our survey period, while Citi, formerly the largest custodian of European assets,was overtaken by an American rival, finds Nick Fitzpatrick.