Following its purchase of Daiwa Securities' hedge fund administration unit, Sumitomo Mitsui Trust Bank is building its fund servicing business into a global platform.
Tag : daiwa
The emerging market affiliate of Legg Mason has appointed investments staff in London and is looking to expand in Hong Kong, while adding further EM and Asia ex-Japan strategies to its stable.
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Sumitomo Mitsui Trust Bank’s proposed purchase of Daiwa Securities’ hedge-fund admin and trustee business should provide it with access to new client segments.
