Vergent selects HSBC for global custody services
20 August 2018 London
Image: Shutterstock
HSBC has been appointed to provide administration, global custody and equities execution services to Vergent Asset Management LLP (Vergent), a London-based investor in frontier equity markets.
Vergent was launched by Ali Al Nasser and Nemer Bechara, as managing partners, in conjunction with Connor, Clark & Lunn Financial Group Ltd (CC&L Financial Group), an independent Canadian asset manager.
According to HSBC, Vergent and CC&L Financial Group will be able to leverage HSBC’s expertise in administering differentiated funds.
HSBC’s global sub-custody and trading footprint also bring direct access to many of the frontier and new emerging markets in which Vergent will invest.
Vergent was launched by Ali Al Nasser and Nemer Bechara, as managing partners, in conjunction with Connor, Clark & Lunn Financial Group Ltd (CC&L Financial Group), an independent Canadian asset manager.
According to HSBC, Vergent and CC&L Financial Group will be able to leverage HSBC’s expertise in administering differentiated funds.
HSBC’s global sub-custody and trading footprint also bring direct access to many of the frontier and new emerging markets in which Vergent will invest.
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