RBS prime brokerage focuses on FX, fixed income

The prime brokerage of RBS, the latest bank to enter the sector in Asia, will be focusing on servicing macro, fixed income and foreign exchange (FX) hedge funds, with the aim of providing a niche offering, says David Gray, head of prime services and client execution for Asia-Pacific. In doing so, it will be taking on Deutsche Bank in FX and Barclays Capital in the fixed income prime brokerage fields. “Our strength is in fixed income, interest rates and FX products,” says Gray, w…