After leaving BNY Mellon last year, the fund services veteran has resurfaced at RBC Investor Services, with Brent Reuter set to move to the US.
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A trend of asset outflows is reversing in Asia, but hedge funds are expected to find capital-raising tough this year.
The bank has responded to a global trend of increased investor demand for transparency and is expecting good pick-up in Asia.
Company veteran Michael Schroeder has relocated from New York to take up the post.
BNY Mellon adds David Brown to its broker-dealer sales team for collateral management and securities clearance.