Northern Trust will be providing custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund
The deal will conclude in the next few days, following final reviews from lawyers in the UK and Chile
Partnering with ZERO13, SECDEX digitally connects carbon market participants, registries and exchanges across jurisdictions
Chartered Asset Management is one of the 18 selected fund managers included in the 2019 VCC Pilot Programme, established by the Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority
The Monetary Authority of Singapore (MAS) has been working in partnership with industry firms through its Project Guardian initiative to test the viability of asset tokenisation and decentralised finance in financial services
Distributed financial market infrastructure provider Tokenovate and GMEX Group’s climate fintech initiative, ZERO13, have executed the first smart legal contract for voluntary carbon credit (VCC) derivatives trades
The CNH Fund, one of the first retail VCC funds to be launched in Singapore, will be the first to offer a T+0 settlement for investors
Apex Group has been appointed by Encore Capital Management, a real estate developer, operator and institutional investment management firm, to provide fund administration, investor reporting, and tax services
Thomas Gardner, head of sales, financing and securities services, Hong Kong, at Standard Chartered, explains how Asia’s asset growth is highlighting the importance of regional custodians
TSSAG board members Barnaby Nelson, Viraj Kulkarni, Matthieu Herbeau, and Jim Harris discuss grey costs, the impact of clients on initial market entry, and the changes expected in the near future
Luxembourg and Ireland have historically reigned as popular fund domiciles, but could the tide be turning towards Asia?
Asia’s asset servicing faces a multitude of challenges and opportunities over the next 12 months but its advancements in technology will help it see improvements in harmonisation and deliver additional services to clients
Described as one of the Asian Tigers, Singapore has an excellent reputation within its asset servicing industry and is continuing to grow from strength to strength. Industry experts discuss the impacts of the ongoing pandemic as well as trends and future developments
