Brown Brothers Harriman appoints Scott McLaren in Hong Kong to grow its base of global clients and increase the assets it services for fund managers and financial institutions.
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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.
Ucits fund structures are now the preferred option for Asia-Pacific investors, says RBC Dexia.