BoNY eyes Asian hedge fund processing

The custodian bank is deepening its Asian presence.

Executives at the Bank of New York are fond of mentioning that it has had an Asian presence for nearly 50 years. But while BoNY is a leading player in servicing American depository receipt issuers, it has had a lower profile in terms of securities services in the region.

Bank execs say, however, that they have an ambitious schedule for growing BoNY's Asia business, with one focus this year on providing securities services and processing for Asia-strategy hedge funds.

Our main focus now is our hedge fund servicing capability, says Alan Griffith, vice chairman in New York. Servicing hedge funds is in some ways...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222