Checking up on your custodian

Keith Yuen, secretary of the MTR Corporation''s retirement scheme, explains why plan sponsors should run regular checks on their custodians.

Cherie Marriott

November 07, 2001

Trustee boards "don't take an enormous interest in the activities of their custodians", says Keith Yuen, secretary and investment adviser to the MTRCL Retirement Scheme, one of the biggest employee pension plans in Hong Kong with HK$3.4 billion in assets. "But they should."

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