This is despite a continuing tough environment for fundraising, fiercer competition and stricter due diligence by investors, finds a State Street/Preqin survey.
Tag : state street
Temasek names new chairman, L&G hires ex-State Street MD, Bosera appoints new GM, RBC WM grabs more Sarasin execs, Allianz GI names EM debt specialist
Regulatory pressures and rising costs are leading smaller asset managers to review their business strategies and outsourcing approaches.
Agency broker ITG has been rolling out its FX transaction cost analysis product for Asia, developed with Eastspring as its primary beta client.
Asian asset owners have made big gains in sophistication, which some feel could pose a challenge for smaller asset managers.
AmInvest has outsourced middle-office functions to State Street in response to its offshore expansion plans and a trend for Malaysian institutional investors to select their own custodians.
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
SSARIS has closed its Japan-focused fund of hedge funds as manager underperformance and the country's economic environment dampen investor sentiment.
The Philippines is set to finalise rules for locally listed exchange-traded funds soon, and industry players are hoping for domestic and foreign investor buy-in.
The $2 trillion house bolsters equities exposure amid ongoing monetary easing, raising allocation to emerging markets, which it expects to drive a global economic recovery.
Compliance officers at financial institutions outline how the cost of complying with a raft of regulatory reforms is dampening innovation and making it difficult to stay competitive.
Global research head Suzanne Duncan says sovereign wealth funds and others are resorting to herd behaviour when confronted with the complexities of illiquid alternatives.
