Institutional investors are demanding more transparency from their cash managers. Those who can deliver will get to keep their existing clients and maybe even snag a few from their competitors. Those who fail to give their clients a suitable level of comfort will potentially fall by the wayside as the likelihood that the industry will consolidate and be dominated by just 10 players intensifies.
These were among the key conclusions at the Institutional Cash Management seminar jointly organised by AsianInvestor and FinanceAsia.
It takes a long time to build trust, says Robert Deutsch, US-based head of global liquidity at J.P. Morgan Asset Management. When lost, it takes...
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