Having set up an 11-person office and obtained an advisory licence in Tokyo, Standard Life Investments is eyeing the next steps for expansion, new Japan CEO Neil Slater told AsianInvestor.
Following its purchase of Daiwa Securities' hedge fund administration unit, Sumitomo Mitsui Trust Bank is building its fund servicing business into a global platform.
Sumitomo Mitsui Trust Bank’s proposed purchase of Daiwa Securities’ hedge-fund admin and trustee business should provide it with access to new client segments.