Northern Trust has won a deal to provide global custody, accounting and compliance monitoring services to the working capital fund of the Open University of Hong Kong.
According to the university's director of finance, the services provided by Northern Trust will allow the university to focus on its daily operations.
“The quality of product offerings, service expertise and collaborative culture were key factors in our selection,” said the director, Chuen Kwok Wai Santiago.
Set up in 1989, the Open University of Hong Kong offers and open and distance education.
Based in Chicago, Northern Trust has a network of 11 offices in the Asia-Pacific region, including in Australia, China, Hong Kong, India, Japan, Malaysia, the Philippines, Singapore and South Korea.
©2017 funds global asia 
At times like these, HSBC Asset Management easily pivots towards emerging markets.
The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.
A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.
The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.
Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.
Shareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.
Robert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.
