Global managers are outsourcing FX risk from their growing Asian investments, leading RBC Dexia to set up a dealing desk in Hong Kong.
Tag : rbc dexia
Asset-servicing firm RBC Dexia says RBC's acquisition of the remaining half of the business will hasten regional expansion and lead to greater cross-selling opportunities.
![RBC Dexia eyes faster Asia growth post-acquisition](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20120524064438_Brent.jpg&c=1&h=194&q=100&v=20250217&w=344)
The firm transfers Diana Senanayake from Luxembourg to Singapore to drive business growth. It is now focusing on a market entry strategy for China, Taiwan and Korea.
![RBC Dexia continues Asia build-out with Singapore MD](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FDiana_Senanayake.jpg&c=1&h=194&q=100&v=20250217&w=344)
Custodians and fund-admin providers are ready to tap potential opportunities in the renminbi funds market, but worry that RMB bonds are thin on the ground.
Mike Coleman of the Alternative Investment Management Association says a growing number of credit and macro hedge funds are setting up in Asia.
Schroders Singapore chooses HSBC Securities Services as its sole trustee, custodian and fund administrator, having previously split those services between HSBC and OCBC Trustee.
RBC Dexia will provide administrative and nominee services to several of ING Investment Management Asia-Pacific's offshore funds.