BDL joins growing list of fund admin providers in Asia
Another new arrival in Hong Kong is Banque Degroof Luxembourg, which will target small and medium-sized funds. It says Korean asset managers are eager to set up Ucits vehicles.
Banque Degroof Luxembourg (BDL) has joined a growing list of fund administration providers with operations in Asia and is picking up clients in the region, senior executives tell AsianInvestor on a visit to Hong Kong last week.
The firm, part of Belgian group Banque Degroof, hired Cecilia Chin as general manager in Hong Kong in September, to tap rising demand in the region for Luxembourg fund structures.
BDL, which has private banking and asset management capabilities, also has …
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