Northern Trust wins custody deal with a Hong Kong university

Chi Fung memorial building in HKBUHong Kong Baptist University has selected Northern Trust to provide global custody and accounting service for its endowment. The US-based firm, which operates 11 offices in the Asia-Pacific region, said universities were a strategically important client type. “Endowments are a growing segment in the Asia-Pacific region and there is an increasing need for more timely, accurate and granular reporting,” said Michael Wu, country executive for Greater China at Northern Trust. Founded in 1956, Hong Kong Baptist University is a fully funded public institution that was established with the support of American Baptist Christians. Northern Trust operates offices in Australia, China, Hong Kong, India, Japan, Malaysia, Philippines, Singapore and South Korea. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.


SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.