HSBC Securities Services has secured and successfully on-boarded a mandate for TIH Investment Management in Singapore, which includes middle office, global custody and fund administration services.
HSBC Securities Services will be its primary service provider.
TIH recently launched a new Asian active engagement fund, which will be equity long-only with a Pan-Asian focus on small to mid-cap companies.
According to HSBC, with its strategic partnership with Argyle Street Management, TIH is among the most established private equity investment teams in Asia, investing in a broad variety of sectors.
Last month, HSBC Securities Services was appointed as sole global custody provider across the entire asset range for Admiral Group in London.