Standard Chartered rolls out hedge fund servicing

Standard Chartered Bank has joined the ranks of administrators to hedge funds in Asia and the Middle East. The bank has an existing service of fund admin for long-only asset managers, which is now being expanded to a broader range of fund strategies and types. Alastair Pow, global head of product for fund services in Singapore, says the bank's clientele is investment managers indigenous to Asian and Middle Eastern markets. "That said, we are an international bank that has a lot to o…