Asia-Pac assets under custody rise 20% to $6.6 trillion

The size of the assets being serviced by global custodians operating in Asia-Pacific peaked in June this year at approximately $6.6 trillion, according to figures provided by custodian banks to AsianInvestor. This represents a growth rate of roughly 20%, from $5.5 trillion of assets under custody from last year, according to data from seven banks. These figures are approximate and represent both cross-border custody of Asian-owned assets as well as for inbound assets managed by …